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    Retail Storefront Building Title is generated by Realmo AI

    203 E Pickens Road, Pea Ridge, AR 72751

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    For Sale
    $549,941

    SINGLE_FAMILY - Pea Ridge, AR

    Type:Retail
    Property size:
    2,462 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $223/SF
    Added:
    Oct 28, 2025
    Days on Market:
    252
    Last Refresh:
    Jul 6 at 5:06 am

    Property Features for 203 E Pickens Road

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    APN
    13-00206-000
    Size
    2,462 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Description
    PT NE NE BEG 60.9 RDS S - 191.5' W NE/C W56' S128' E56' N128' POB
    Tax Annual Amount
    1001

    We can help!

    Contact an agent
    Garrett Washington

    Listing agent Garrett Washington License #SA00097040

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

    Listing date Oct 28, 2025

    MLS# 1326844

    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

    • 100% occupied property
    • All new mechanical and electrical infrastructure
    • Across the street from Pea Ridge Veterans Memorial
    • Across the street from Pea Ridge Intermediate School and Pea Ridge Pre‑K
    • Highly visible near the intersection of E Pickens Rd and Hwy 94 (17,000 vehicles per day)

    Overview

    This retail storefront building is currently 100% occupied and has recently completed all new mechanical and electrical infrastructure. With a compact footprint sized for retail use, the property is straightforward for operators seeking an existing, working space rather than a renovation project.

    The property is positioned across the street from the Pea Ridge Veterans Memorial, Pea Ridge Intermediate School, and Pea Ridge Pre-K. It also benefits from visibility near the intersection of E Pickens Rd and Hwy 94, an area described as seeing approximately 17,000 vehicles per day.

    For tenants or buyers looking for a retail-oriented asset, the combination of current occupancy, recently updated building systems, and a location fronting a heavily traveled intersection can support day-to-day operations. The surrounding area is described as experiencing active development, including plans referenced for a Walmart Supercenter, a Tractor Supply store, and a championship-level disc golf course. The tenant mix and specific lease terms are not provided in the available information.

    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 $42.8k $17.40
    − Vacancy −$2.8k −$1.15
    EGI $40.0k $16.25
    − OpEx −$12.0k −$4.88
    NOI $28.0k $11.38
    2,462 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $400.1K
    $350.1K – $466.8K (±1% cap)
    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 (±1% cap)
    NOI $47,360 @ 7.0% cap · market cap 8.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Dental Office Accounting Firm HVAC Service Pharmacy Barber Shop Hair Salon Big Box & Wholesale Store Grocery & Convenience Store Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Pea Ridge
    County
    Benton
    State
    Arkansas
    Longitude
    -94.114271
    Latitude
    36.453697

    FAQs

    What type of property is this?
    Retail space - Fully occupied storefront with new mechanical and electrical infrastructure in a high-visibility Pea Ridge location.
    Where is this retail space located?
    The property is located at 203 E Pickens Road 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 property; All new mechanical and electrical infrastructure; Across the street from Pea Ridge Veterans Memorial
    More about this property
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