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Showroom Retail Suite
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1011 S Mount Olive #4, Siloam Springs, AR 72761

Open-plan space, rear support rooms, and storefront windows provide room for displays, storage, or office use.

Property Size3,250 SF
Price / SF$0.00
Days on Market204

Property Features for 1011 S Mount Olive #4

General Information

Standard status Active
Size 3,250 SF
Property subtype Retail

Amenities

restroom
two dedicated storage rooms
large storefront windows
prominent signage opportunities

Building Details

Year Built 2006
Listing Agency: Keller Williams Market Pro Realty Bentonville West
Listed By: Salmonsen Group Realtors
Source: Hangerpropertygroup
Added: Apr 13 Changed: Oct 31 Last Checked: Oct 31 at 2:21PM

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 Keller Williams Market Pro Realty Bentonville West

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,250 SF retail suite is located in Highland Park Shopping Center and was built in 2006. Its main open area can serve as a retail floor or showroom, while the rear portion includes a large room, two separate storage rooms, and a restroom. Storefront windows bring natural light into the space and provide display area; signage opportunities are also available.

The property sits just off US-412, where traffic is approximately 30,000 vehicles per day. On-site parking serves customers and staff. The lease structure is NNN, with a three-year minimum term.

Key Highlights

  • 3,250 SF retail suite in Highland Park Shopping Center
  • Built in 2006
  • Open main area, large rear room, two storage rooms, and a restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,972
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,440 $739.4K
Cap Rate 7%
$528,171 $528.2K
Cap Rate 9%
$410,800 $410.8K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$56.5K $17.40/SF
− Vacancy
−$3.7K −$1.15/SF
EGI
$52.8K $16.25/SF
− OpEx
−$15.8K −$4.88/SF
NOI
$37.0K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,440
Cap Rate 7%
$528,171
Cap Rate 9%
$410,800

Alternative Uses

Best Use
Retail
$528.2K
$462.2K – $616.2K (±1% cap)
NOI $36,972 @ 7.0% cap · market cap 410,800.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$893.1K
$781.5K – $1.04M (±1% cap)
NOI $62,519 @ 7.0% cap · market cap 694,655.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Digital Java - Siloam ... Hardware & Home Improvement

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Storage Facility Big Box & Wholesale Store Law Firm Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Open-plan space, rear support rooms, and storefront windows provide room for displays, storage, or office use.
Where is this retail space located?
The property is located at 1011 S Mount Olive #4 Siloam Springs, AR.
What are key features of this property?
This property features: 3,250 SF retail suite in Highland Park Shopping Center; Built in 2006; Open main area, large rear room, two storage rooms, and a restroom
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Includes: Price & PSF · Cap rate · Location · Zoning

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