Occupied Storefront
For Sale
$549,941
203 E Pickens Rd, Pea Ridge, AR 72751
Fully occupied storefront with upgraded mechanical and electrical systems near a high-traffic intersection.
Property Size2,462 SF
Price / SF$223.37
Days on Market69
Property Features for 203 E Pickens Rd
General Information
Standard status
Active
Size
2,462 SF
Occupancy
100%
Listing Agency:
Moses Tucker Partners-Bentonville Branch
Listed By:
Garrett Washington · License #SA00097040
(479) 271-6118
Source:
Thebesthomeprice
Added: Aug 9
Changed: Oct 6
Last Checked: Oct 7 at 3:18PM
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 Moses Tucker Partners-Bentonville Branch
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Investment Insights
Based on property information with market context.
This occupied storefront property at 203 E Pickens Rd includes newly installed mechanical and electrical infrastructure. The building is positioned across from the Pea Ridge Veterans Memorial, Pea Ridge Intermediate School, and Pea Ridge Pre-K, providing a defined institutional setting nearby.
The property sits near the intersection of E Pickens Rd and Hwy 94, where reported traffic reaches 17,000 vehicles per day. Planned additions in the broader Pea Ridge area include a Walmart Supercenter, Tractor Supply store, and championship-level disc golf course.
The property sits near the intersection of E Pickens Rd and Hwy 94, where reported traffic reaches 17,000 vehicles per day. Planned additions in the broader Pea Ridge area include a Walmart Supercenter, Tractor Supply store, and championship-level disc golf course.
Key Highlights
- 100% occupied storefront property
- All new mechanical and electrical infrastructure
- Near E Pickens Rd and Hwy 94
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,008
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,160
$560.2K
Cap Rate 7%
$400,114
$400.1K
Cap Rate 9%
$311,200
$311.2K
Market Conditions
NOI Build-Up for 2,462 SF
Gross rent
$42.8K $17.40/SF
− Vacancy
−$2.8K −$1.15/SF
EGI
$40.0K $16.25/SF
− OpEx
−$12.0K −$4.88/SF
NOI
$28.0K $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%
$560,160
Cap Rate 7%
$400,114
Cap Rate 9%
$311,200
Alternative Uses
Best Use
Retail
$400.1K
$350.1K – $466.8K
NOI $28,008 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$676.6K
$592.0K – $789.3K
NOI $47,360 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
124
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 - Fully occupied storefront with upgraded mechanical and electrical systems near a high-traffic intersection.
Where is this storefront property located?
The property is located at 203 E Pickens Rd Pea Ridge, AR.
What is the asking price?
The asking price for this property is $549,941.
What are key features of this property?
This property features: 100% occupied storefront property; All new mechanical and electrical infrastructure; Near E Pickens Rd and Hwy 94
