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Retail Space with Yard
For Sale
$430,000

828 S Mount Olive Street, Siloam Springs, AR 72761

Commercial zoning, upgraded building systems, and an outdoor yard area create a flexible retail property.

Property Size2,500 SF
Price / SF$172
Days on Market34

Property Features for 828 S Mount Olive Street

General Information

Standard status Active
Size 2,500 SF
Listing Agency: Twin Oaks Realty, Inc
Listed By: Joe Barnett · License #SA00094273
Source: Connectrealtynwa
Added: Sep 4 Changed: Sep 9 Last Checked: Oct 7 at 12:13PM

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 Twin Oaks Realty, Inc

Investment Insights

Based on property information with market context.

This 2,500-square-foot retail property includes a building with commercial zoning and an accompanying yard. Recent improvements include a new AC system, split units serving the finished former garage area, a replacement roof, and new siding. New flooring has been installed across part of the building, with additional flooring work underway.

Located at 828 S Mount Olive Street in Siloam Springs, Arkansas, the property offers a practical building-and-yard configuration for retail occupancy or another commercial use. The washer and dryer are excluded from the sale.

Key Highlights

  • 2,500‑square‑foot retail property
  • Commercial zoning
  • Outdoor yard area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,440
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,800 $568.8K
Cap Rate 7%
$406,286 $406.3K
Cap Rate 9%
$316,000 $316.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$43.5K $17.40/SF
− Vacancy
−$2.9K −$1.15/SF
EGI
$40.6K $16.25/SF
− OpEx
−$12.2K −$4.88/SF
NOI
$28.4K $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%
$568,800
Cap Rate 7%
$406,286
Cap Rate 9%
$316,000

Alternative Uses

Best Use
Retail
$406.3K
$355.5K – $474.0K (±1% cap)
NOI $28,440 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$687.0K
$601.1K – $801.5K (±1% cap)
NOI $48,091 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

The Pink Poodle Pet Grooming Service

Suggested Use

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

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

709
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial zoning, upgraded building systems, and an outdoor yard area create a flexible retail property.
Where is this retail space located?
The property is located at 828 S Mount Olive Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 2,500‑square‑foot retail property; Commercial zoning; Outdoor yard area
More about this property
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