Downtown Retail
For Sale
Contact for pricing
116 S Broadway Street #3, Siloam Springs, AR 72761
The interior can accommodate expansion within the building.
Property Size600 SF
Price / SF$0.03
Days on Market125
Property Features for 116 S Broadway Street #3
General Information
Standard status
Active
Size
600 SF
Property subtype
Business
Additional Details
Property Use
Retail or Office
Building Details
Year Built
1905
Listing Agency:
EXP Realty LLC
Listed By:
Brady Hanger
(417) 259-2525
Source:
Hangerpropertygroup
Added: Jul 1
Changed: Nov 1
Last Checked: Nov 1 at 2:43AM
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 EXP Realty LLC
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 600-square-foot retail space is in a building constructed in 1905. The interior offers room for expansion, with potential for either retail or office occupancy.
The property is located in downtown Siloam Springs at 116 S Broadway Street. Tenants are responsible for phone and internet service.
The property is located in downtown Siloam Springs at 116 S Broadway Street. Tenants are responsible for phone and internet service.
Key Highlights
- 600 square feet of retail space
- Room to expand within the building
- Built in 1905
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,826
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,520
$136.5K
Cap Rate 7%
$97,514
$97.5K
Cap Rate 9%
$75,844
$75.8K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$10.4K $17.40/SF
− Vacancy
−$689 −$1.15/SF
EGI
$9.8K $16.25/SF
− OpEx
−$2.9K −$4.88/SF
NOI
$6.8K $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%
$136,520
Cap Rate 7%
$97,514
Cap Rate 9%
$75,844
Alternative Uses
Best Use
Retail
$97.5K
$85.3K – $113.8K
NOI $6,826 @ 7.0% cap · market cap 45,506.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$164.9K
$144.3K – $192.4K
NOI $11,542 @ 7.0% cap · market cap 76,946.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
675
Businesses Nearby
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The interior can accommodate expansion within the building.
Where is this retail space located?
The property is located at 116 S Broadway Street #3 Siloam Springs, AR.
What are key features of this property?
This property features: 600 square feet of retail space; Room to expand within the building; Built in 1905
