Triplex with Covered
For Sale
$675,000
10859 Danny Bryan Road, Prairie Grove, AR 72753
Residential, Prairie Grove, AR
Property Size4,088 SF
Lot Size0.49 Acres
Price / SF$165.12
Days on Market216
Property Features for 10859 Danny Bryan Road
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
Multi Family
Bedrooms
7
Bathrooms
7
Full bathrooms
6
Half bathrooms
1
Rooms
Bathroom 5, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 6, Bedroom 3, Bedroom 7, Bathroom 7, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1
Parking features
Parking Lot
Window features
Blinds
Patio and Porch features
Patio
Interior features
CeilingFans, EatInKitchen, GraniteCounters, Pantry, SplitBedrooms, WalkInClosets, WindowTreatments, MultipleLivingAreas
Exterior features
ConcreteDriveway
Fireplace
1
Appliances
Dryer, Dishwasher, Disposal, GasWaterHeater, Microwave, Refrigerator, SelfCleaningOven, Washer, PlumbedForIceMaker
Subdivision
Prairie Grove Outlots
Lot features
Cleared, City Lot, Landscaped, Level, Not In Subdivision
Directions
From I-49 take Exit 62, west on Hwy 62 thru Farmington, turn left on Hwy 170, turn left on Danny Bryan Road, property is on the left..
Standard status
Active
APN
805-20331-950
Size
4,088 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Description
PT SW SW .49 AC
Tax Annual Amount
5600
Legal Description
PT SW SW .49 AC
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2022
Floors in Building
1
Number of units
3
Flooring type
Vinyl, Carpet
Building materials
Brick, Concrete
Roof type
Shingle
Listing Agency:
Coldwell Banker Harris McHaney & Faucette -Fayette · Coldwell Banker Real Estate
(479) 521-0220
Listed By:
Debra Barnes · License #SA00057455
(479) 957-5651
Added: Jan 16
Changed: Aug 19
Last Checked: Aug 20 at 4:06AM
MLS# 1333256
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex offers a total of 4,088 square feet on a 0.49-acre lot, built in 2022. The property is configured as one two-story unit with 3 bedrooms and 2.5 bathrooms plus a loft bonus/living area, and two additional units with 2 bedrooms and 2 bathrooms each. Interior finishes include 3cm granite countertops, a kitchen bar with seating for 4, stainless steel appliances, high ceilings, vinyl flooring throughout with carpet on the upper level in the larger unit, and walk-in closets. Primary bathrooms feature custom tiled walk-in showers with double vanity, while the second bathrooms include a tub/shower. A covered patio and a large concrete parking lot support day-to-day tenant needs.
Each unit is separately metered, with tenants paying all utilities. The units are fully occupied with consistent rental income. The triplex is located about 1 block from Hwy 62 and is approximately 15 minutes to I-49 and the University of Arkansas.
Additional property details include central heating with natural gas and central air cooling with electric service. Public water and public sewer are in place, and the roof is shingle. Construction is brick with concrete elements, and the building includes ceiling fans, split bedrooms, multiple living areas, and a fireplace (per the unit configuration).
Each unit is separately metered, with tenants paying all utilities. The units are fully occupied with consistent rental income. The triplex is located about 1 block from Hwy 62 and is approximately 15 minutes to I-49 and the University of Arkansas.
Additional property details include central heating with natural gas and central air cooling with electric service. Public water and public sewer are in place, and the roof is shingle. Construction is brick with concrete elements, and the building includes ceiling fans, split bedrooms, multiple living areas, and a fireplace (per the unit configuration).
Key Highlights
- 0.49‑acre lot with a total of 4,088 SF built in 2022
- One two‑story unit: 3 bed, 2.5 bath with loft bonus/living area
- Two units: 2 bed, 2 bath each, with a fireplace and pantry
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
$36,789
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
5.45%
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%
$735,780
$735.8K
Cap Rate 7%
$525,557
$525.6K
Cap Rate 9%
$408,767
$408.8K
Market Conditions
NOI Build-Up for 4,088 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
$56.4K $13.80/SF
− Vacancy
−$3.9K −$0.94/SF
EGI
$52.6K $12.86/SF
− OpEx
−$15.8K −$3.86/SF
NOI
$36.8K $9.00/SF
Area
Washington County, AR
Vacancy
6.84%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$735,780
Cap Rate 7%
$525,557
Cap Rate 9%
$408,767
Alternative Uses
Best Use
Multifamily LT 5
$525.6K
$459.9K – $613.2K
NOI $36,789 @ 7.0% cap · market cap 5.45%
Second Best
Apartment 5plus
$465.0K
$406.9K – $542.5K
NOI $32,550 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$1.10M
$960.1K – $1.28M
NOI $76,810 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 72753, AR
10,525
Population
4,078
Households
2.6
Avg Household Size
37
Median Age
20%
College-Educated
92%
High-School Grad
89.2 sq mi
ZIP Area
118
Density / Sq Mi
$64,701
Median Household Income
$40,264
Median Earnings
$911
Median Rent
$227,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex near Hwy 62 with covered patio, separately metered utilities, and all units fully occupied.
Where is this triplex located?
The property is located at 10859 Danny Bryan Road Prairie Grove, AR.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 0.49‑acre lot with a total of 4,088 SF built in 2022; One two‑story unit: 3 bed, 2.5 bath with loft bonus/living area; Two units: 2 bed, 2 bath each, with a fireplace and pantry
