Storefront Property Near
For Sale
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161 E Pickens Rd, Pea Ridge, AR 72751
The property carries a modified gross lease structure and sits near E. Pickens Road and Highway 94.
Property Size940 SF
Price / SF$0.02
Days on Market48
Property Features for 161 E Pickens Rd
General Information
Standard status
Active
Size
940 SF
Property subtype
Commercial
Additional Details
Traffic Count
17,000 vehicles/day
Listing Agency:
Synergy Realty Group, LLC
Listed By:
Brooke Hernandez
(479) 366-0149
Source:
District3
Added: Sep 2
Changed: Oct 19
Last Checked: Oct 19 at 7:01AM
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 Synergy Realty Group, LLC
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Investment Insights
Based on property information with market context.
This storefront property is located at 161 E Pickens Rd in Pea Ridge, Arkansas, with a modified gross lease structure. Its setting places it directly across from the Pea Ridge Veterans Memorial, Pea Ridge Intermediate School, Pea Ridge Pre-K, and the Pea Ridge Farmers Market.
The property is near the intersection of E. Pickens Road and Highway 94, a corridor carrying approximately 17,000 vehicles per day. A BMX park under development is less than one mile away. Regional access includes 4.8 miles to Interstate 49, 7.1 miles to Highway 62, 7.3 miles to the Bentonville Square, and 7.0 miles to Pea Ridge National Military Park. Major developments identified nearby include a Walmart Supercenter, Tractor Supply, and a championship-level disc golf course.
The property is near the intersection of E. Pickens Road and Highway 94, a corridor carrying approximately 17,000 vehicles per day. A BMX park under development is less than one mile away. Regional access includes 4.8 miles to Interstate 49, 7.1 miles to Highway 62, 7.3 miles to the Bentonville Square, and 7.0 miles to Pea Ridge National Military Park. Major developments identified nearby include a Walmart Supercenter, Tractor Supply, and a championship-level disc golf course.
Key Highlights
- Directly across from Pea Ridge Veterans Memorial, Pea Ridge Intermediate School, Pea Ridge Pre‑K, and Pea Ridge Farmers Market
- Approximately 17,000 vehicles per day on Highway 94
- Less than one mile from a BMX park under development
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,694
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,880
$213.9K
Cap Rate 7%
$152,771
$152.8K
Cap Rate 9%
$118,822
$118.8K
Market Conditions
NOI Build-Up for 940 SF
Gross rent
$16.4K $17.40/SF
− Vacancy
−$1.1K −$1.15/SF
EGI
$15.3K $16.25/SF
− OpEx
−$4.6K −$4.88/SF
NOI
$10.7K $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%
$213,880
Cap Rate 7%
$152,771
Cap Rate 9%
$118,822
Alternative Uses
Best Use
Retail
$152.8K
$133.7K – $178.2K
NOI $10,694 @ 7.0% cap · market cap 48,609.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$258.3K
$226.0K – $301.4K
NOI $18,082 @ 7.0% cap · market cap 82,190.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
17,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The Cottage Flower Shop — 378 N Curtis Ave, Pea Ridge, AR 72751
Frequently Asked Questions
What type of property is this?
Storefront property - The property carries a modified gross lease structure and sits near E. Pickens Road and Highway 94.
Where is this storefront property located?
The property is located at 161 E Pickens Rd Pea Ridge, AR.
What are key features of this property?
This property features: Directly across from Pea Ridge Veterans Memorial, Pea Ridge Intermediate School, Pea Ridge Pre‑K, and Pea Ridge Farmers Market; Approximately 17,000 vehicles per day on Highway 94; Less than one mile from a BMX park under development
