Multi-Suite Retail and Office
1245 US-412 Siloam Springs, AR 72761
New
1245 US-412, Siloam Springs, AR, 72761
$1,000,000
For Sale
$1,000,000
SINGLE_FAMILY - Siloam Springs, AR
Property Size6,342 SF
Lot Size0.52 Acres
Price / SF$157.68
Days on Market2
Property Features for 1245 US-412
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 27
- Standard status
- Active
- APN
- 03-01913-000
- Size
- 6,342 SF
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Description
- PART OF LOTS 3, 6 AND 7 IN DARBY PLACE, SILOAM SPRINGS, BENTON COUNTY, ARKANSAS, DESCRIBED AS BEGINNING AT A POINT 500 FEET SOUTH OF THE NE CORNER OF SAID LOT 3, THENCE SOUTH 137.47 FEET, THENCE N 89? 41' 28" E 16.03 FEET, THENCE SOUTH 97.20 FEET, TH ENCE
- Tax Annual Amount
- 5251
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Natural Gas
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Number of units
- 6
- Flooring type
- Laminate, Carpet
- Building materials
- Brick
- Roof type
- Shingle
Listing Agency
Keller Williams Market Pro Realty Bentonville West
(479) 231-1355
201 SW 14th St. Suite 203, Fayetteville, AR
Listed by
Salmonsen Group Realtors
(479) 330-1250
Added: Jul 16 Checked: Jul 17 at 3:06 pm
MLS# 1355470
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.
Chandler Plaza is a well-maintained commercial office and retail center offering six individual suites. Two suites are currently leased, providing immediate income, and the remaining space may support additional leasing or owner-occupancy. Suite sizes range from approximately 740 to 1,850 square feet.
The property is situated on a highly visible hard corner at the intersection of US-412 and Dogwood St, with exposure to approximately 29,000 VPD on US-412 and 1,700 VPD on Dogwood St. The site covers approximately 0.52 acres and is located in Siloam Springs, Arkansas.
Retail and office tenants benefit from proximity to Walmart Neighborhood Market and surrounding national retailers including Harbor Freight, Dunham’s Sports, KFC, Sonic Drive-In, and O’Reilly Auto Parts, supporting a steady base of everyday traffic.
The property is situated on a highly visible hard corner at the intersection of US-412 and Dogwood St, with exposure to approximately 29,000 VPD on US-412 and 1,700 VPD on Dogwood St. The site covers approximately 0.52 acres and is located in Siloam Springs, Arkansas.
Retail and office tenants benefit from proximity to Walmart Neighborhood Market and surrounding national retailers including Harbor Freight, Dunham’s Sports, KFC, Sonic Drive-In, and O’Reilly Auto Parts, supporting a steady base of everyday traffic.
Key Highlights
- Hard‑corner commercial office/retail property at the intersection of US‑412 and Dogwood St
- 6‑suite center with office and retail suites ranging from +/- 740 to 1,850 SF
- Two suites currently leased, providing immediate income and opportunity for additional leasing or owner occupancy
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.4k | $17.40 |
| − Vacancy | −$7.3k | −$1.15 |
| EGI | $103.1k | $16.25 |
| − OpEx | −$30.9k | −$4.88 |
| NOI | $72.1k | $11.38 |
6,342 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.41M
$1.23M – $1.64M
NOI $98,414 @ 7.0% cap · market cap 9.84%
Second Best
Retail
$1.03M
$901.8K – $1.20M
NOI $72,147 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,998 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Six-suite office and retail center on a hard corner with substantial traffic counts at the US-412 intersection.
Where is this retail space located?
The property is located at 1245 US-412 Siloam Springs, AR.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Hard‑corner commercial office/retail property at the intersection of US‑412 and Dogwood St; 6‑suite center with office and retail suites ranging from +/- 740 to 1,850 SF; Two suites currently leased, providing immediate income and opportunity for additional leasing or owner occupancy
