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    High-Visibility Retail Property Title is generated by Realmo AI

    16727 Highway 62, Garfield, AR 72732

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    Claim this Listing
    New
    For Sale
    $695,000

    SINGLE_FAMILY - Garfield, AR

    Type:Retail
    Property size:
    5,000 SF
    Lot size:
    3.00 Acres
    Price / SF:
    $139/SF
    Added:
    Jun 30, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 6 at 1:06 am

    Property Features for 16727 Highway 62

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    09-00170-003
    Size
    5,000 SF
    Lot size
    3.00 Acres

    Taxes and HOA fees

    Tax Description
    PART OF THE NORTHEAST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 36, T-21-N, R-29-W, BENTON COUNTY, ARKANSAS, AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A POINT BEING USED AS THE QUARTER CORNER SECTION'S 31 AND 36; THENCE SOUTH 01*38
    Tax Annual Amount
    4183

    Building Details

    Year built
    2017

    We can help!

    Contact an agent
    Paul Esterer

    Listing agent Paul Esterer License #EB00052591

    Listing office Moses Tucker Partners-Bentonville Branch 805 S Walton Blvd. Ste 123, Bentonville, AR

    Listing date Jun 30, 2026

    MLS# 1353864

    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.

    HighLights

    • Retail property built in 2017
    • Highly visible location along Hwy 62
    • Less than 7 miles from the Arkansas/Missouri border
    • Convenient access to Rogers (8.5 miles) and Pea Ridge (7.3 miles)

    Overview

    This for-sale retail property is located on Highway 62 and sits on a 3-acre lot. The building size is listed at 5,000 square feet, offering a single commercial footprint suitable for a storefront-oriented use. The offering is presented as a highly visible retail opportunity with direct highway access.

    The property is positioned in Garfield, Arkansas, within Benton County. The public remarks note convenient travel to the Arkansas/Missouri border, which is less than 7 miles away, and easy reach to Rogers (8.5 miles) and Pea Ridge (7.3 miles). The asset is also described as benefiting from strong east-west connectivity linking Northwest Arkansas to Southwest Missouri.

    For a buyer or tenant considering a retail presence in the area, the primary advantage is access and visibility along a major east-west route. With 5,000 square feet of retail space and a 3-acre site, the property may fit a range of storefront concepts that require straightforward highway frontage. Prospective buyers should verify suitability for their intended use and review site and building conditions during due diligence.

    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 $87.0k $17.40
    − Vacancy −$5.7k −$1.15
    EGI $81.3k $16.25
    − OpEx −$24.4k −$4.88
    NOI $56.9k $11.38
    5,000 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $812.6K
    $711.0K – $948.0K (±1% cap)
    NOI $56,881 @ 7.0% cap · market cap 8.18%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $96,182 @ 7.0% cap · market cap 13.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Storage Facility (Bike/Boat/Book/etc) Store Hair Salon Auto Repair Shop Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garfield
    County
    Benton
    State
    Arkansas
    Longitude
    -94.00757
    Latitude
    36.445363

    FAQs

    What type of property is this?
    Retail space - Retail property on Highway 62 offering strong east-west connectivity between Northwest Arkansas and Southwest Missouri.
    Where is this retail space located?
    The property is located at 16727 Highway 62 Garfield, AR.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: Retail property built in 2017; Highly visible location along Hwy 62; Less than 7 miles from the Arkansas/Missouri border
    More about this property
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