Historic Building in Downtown
For Sale
$795,000
101 S Broadway Street, Siloam Springs, AR 72761
Historic corner building in downtown Siloam Springs for sale.
Property Size6,620 SF
Price / SF$120.09
Days on Market383
Property Features for 101 S Broadway Street
General Information
Standard status
Active
Size
6,620 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$6,303
Listing Agency:
Moses Tucker Partners-Bentonville Branch
(479) 685-6612
Listed By:
Paul Esterer · License #EB00052591
(479) 685-6612
Source:
Exitrealty
Added: Jul 26, 2025
Changed: Aug 8
Last Checked: Aug 12 at 6:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Moses Tucker Partners-Bentonville Branch
Investment Insights
Based on property information with market context.
Located on the corner of S Broadway St and E Central St in downtown Siloam Springs, this historic building is situated in an Opportunity Zone. The property features a loading dock area with 3 roll up doors. Many of the building's historic features have been preserved. It is located two blocks from the Twin Springs Park to the south and two blocks from the City Park to the west, and is surrounded by numerous shops and restaurants. The property size is 6620 square feet.
Key Highlights
- Prime downtown location at the corner of S Broadway St and E Central St.
- Situated in an Opportunity Zone.
- Historic building with preserved original features.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,251
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$605,020
$605.0K
Cap Rate 7%
$432,157
$432.2K
Cap Rate 9%
$336,122
$336.1K
Market Conditions
NOI Build-Up for 6,620 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.7K $6.00/SF
− Vacancy
−$4.1K −$0.62/SF
EGI
$35.6K $5.38/SF
− OpEx
−$5.3K −$0.81/SF
NOI
$30.3K $4.57/SF
Area
Benton County, AR
Vacancy
10.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$605,020
Cap Rate 7%
$432,157
Cap Rate 9%
$336,122
Alternative Uses
Best Use
Retail
$1.08M
$941.4K – $1.26M
NOI $75,310 @ 7.0% cap · market cap 9.47%
Second Best
Warehouse
$432.2K
$378.1K – $504.2K
NOI $30,251 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,345 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72761, AR
23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- SAF-T-STOR — 175 S Lincoln St, Siloam Springs, AR 72761
- Blue Sky Self Storage - Siloam Springs — 155 N Lincoln St, Siloam Springs, AR 72761
Frequently Asked Questions
What type of property is this?
Warehouse - Historic corner building in downtown Siloam Springs for sale.
Where is this warehouse located?
The property is located at 101 S Broadway Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Prime downtown location at the corner of S Broadway St and E Central St.; Situated in an Opportunity Zone.; Historic building with preserved original features.
