Open-Plan Office
New
For Sale
$350,000
136 W Pickens Road, Pea Ridge, AR 72751
SINGLE_FAMILY - Pea Ridge, AR
Property Size2,000 SF
Lot Size0.07 Acres
Price / SF$175
Days on Market3
Property Features for 136 W Pickens Road
General Information
Property type
Residential
Property subtype
Retail
Lot features
Central Business District
Directions
From i49, take exit 88A for AR-72 E/East Central Ave 0.3 mi, Turn right onto AR-72 EPass by Dollar General (on the right in 6.1 mi) 6.5 mi, Turn left onto N Curtis AvePass by McDonald's (on the left) 0.8 mi, Turn left onto W Pickens RdDestination will be on the right 0.1 mi
Standard status
Active
APN
13-00375-000
Size
2,000 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Description
Lot 9 Block 1 Original Pea Ridge
Tax Annual Amount
746
Legal Description
Lot 9 Block 1 Original Pea Ridge
Listing Agency:
Gibson Real Estate
(479) 267-4427
Listed By:
Jared Smith · License #EB00081015
(479) 426-2848
Added: Aug 3
Changed: Aug 5
Last Checked: Aug 5 at 6:06PM
MLS# 1357522
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 2,000-square-foot office property at 136 W Pickens Road occupies a 0.07-acre parcel in downtown Pea Ridge. The building is currently used as a law office and offers a predominantly open interior that can remain in professional office service or be divided into private offices.
The existing layout also supports potential adaptation for retail, showroom, warehouse, studio, or other commercial applications, subject to applicable requirements. The property is positioned within the downtown area, and showings require advance scheduling while the current business continues operating.
The existing layout also supports potential adaptation for retail, showroom, warehouse, studio, or other commercial applications, subject to applicable requirements. The property is positioned within the downtown area, and showings require advance scheduling while the current business continues operating.
Key Highlights
- 2,000 SF office property on a 0.07‑acre parcel
- Currently configured as a law office
- Mostly open floor plan with potential for private offices
Financial Insights For Office B
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 | $44.4k | $22.20 |
| − Vacancy | −$3.0k | −$1.51 |
| EGI | $41.4k | $20.69 |
| − OpEx | −$10.3k | −$5.17 |
| NOI | $31.0k | $15.52 |
2,000 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$443.4K
$388.0K – $517.3K
NOI $31,036 @ 7.0% cap · market cap 8.87%
Second Best
Retail
$325.0K
$284.4K – $379.2K
NOI $22,752 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$549.6K
$480.9K – $641.2K
NOI $38,473 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 72751, AR
8,361
Population
3,487
Households
2.4
Avg Household Size
34
Median Age
24%
College-Educated
92%
High-School Grad
24.1 sq mi
ZIP Area
347
Density / Sq Mi
$92,173
Median Household Income
$44,510
Median Earnings
$1,395
Median Rent
$258,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Mostly open commercial layout currently configured for professional office use with flexibility for reconfiguration.
Where is this office units located?
The property is located at 136 W Pickens Road Pea Ridge, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,000 SF office property on a 0.07‑acre parcel; Currently configured as a law office; Mostly open floor plan with potential for private offices
