Mixed-Use Property with
For Sale
$650,000
158 Ragon Road, Tilly, AR 72679
Commercial / Industrial, Tilly, AR
Property Size4,500 SF
Lot Size8.84 Acres
Price / SF$144.44
Days on Market137
Property Features for 158 Ragon Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Interior features
Kitchen Area, Living Area
Exterior features
Storage Building, Outside Storage Area, Overhead Doors, Wheelchair Accessible
Accessibility
Accessible Approach with Ramp
Lot features
Level, Wooded, Cleared, Not in Subdivision
Directions
From Marshall take Hwy 27 South to Tilly, Right on Ragon Rd, Property on Right.
Subdivision
MARSHALL
Standard status
Active
APN
095-00015-001C
Size
4,500 SF
Lot size
8.84 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Pt NE NW STR 5-12-17
Tax Annual Amount
2730
Legal Description
Pt NE NW STR 5-12-17
Building Details
Year built
1995
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Davenport Realty
(870) 449-5263
Listed By:
Ray Davenport · License #EB00083949
(870) 656-7872
Added: May 22
Changed: Oct 5
Last Checked: Oct 5 at 3:06PM
MLS# 26020777
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.
Set on 8.84 acres, this mixed-use property includes a 4,288-square-foot office/house, a 50-by-90-foot insulated red iron shop, and a 2,500-square-foot insulated red iron warehouse with a loading dock. Additional improvements include a 60-by-70-foot pole barn with electric service and several powered storage buildings. The property was built in 1995 and has a metal roof.
Highway frontage and an asphalt drive provide site access. Water and utility infrastructure includes three wells, multiple septic systems, city water, and three electric meters. The property is located near a national forest.
Highway frontage and an asphalt drive provide site access. Water and utility infrastructure includes three wells, multiple septic systems, city water, and three electric meters. The property is located near a national forest.
Key Highlights
- 8.84 acres with highway frontage
- 4,288‑square‑foot office/house
- 50‑by‑90‑foot insulated red iron shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,274
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,480
$765.5K
Cap Rate 7%
$546,771
$546.8K
Cap Rate 9%
$425,267
$425.3K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$63.2K $14.04/SF
− Vacancy
−$4.3K −$0.95/SF
EGI
$58.9K $13.09/SF
− OpEx
−$20.6K −$4.58/SF
NOI
$38.3K $8.51/SF
Area
Pope County, AR
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,480
Cap Rate 7%
$546,771
Cap Rate 9%
$425,267
Alternative Uses
Best Use
Flex RnD
$546.8K
$478.4K – $637.9K
NOI $38,274 @ 7.0% cap · market cap 5.89%
Second Best
Mixed Use
$447.4K
$391.5K – $522.0K
NOI $31,320 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$719.0K
$629.1K – $838.8K
NOI $50,328 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 72679, AR
83
Population
97
Households
0.9
Avg Household Size
50
Median Age
24%
College-Educated
100%
High-School Grad
17.9 sq mi
ZIP Area
5
Density / Sq Mi
$51,181
Median Household Income
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A collection of office, warehouse, shop, and storage improvements is served by multiple water and septic systems.
Where is this mixed-use property located?
The property is located at 158 Ragon Road Tilly, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 8.84 acres with highway frontage; 4,288‑square‑foot office/house; 50‑by‑90‑foot insulated red iron shop
