Remodeled Storefront with Butcher
For Sale
$550,000
20553 Durham McCord, Elkins, AR 72727
CommercialSale, Elkins, AR
Property Size4,100 SF
Lot Size0.50 Acres
Price / SF$134.15
Days on Market218
Property Features for 20553 Durham McCord
General Information
Property type
Commercial Sale
Property subtype
Other
Appliances
GasWaterHeater
Lot features
Corner Lot
Directions
From Fayetteville Take AR-16 E/E Huntsville Rd for 13 miles. Turn right onto Durham McCord Rd. 20553 Durham McCord on the left.
Standard status
Active
APN
73500057000
Size
4,100 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
N 35 FT LOT 5 Block 3, LOT 4 15 FT of Lot 5 Block 3, LOTS 1 & 2 Block 3, All Lot 3 block 3,
Legal Description
N 35 FT LOT 5 Block 3, LOT 4 15 FT of Lot 5 Block 3, LOTS 1 & 2 Block 3, All Lot 3 block 3,
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
climate-controlled
stainless-steel tables
band saw
commercial grinder
vacuum sealer
cooling room
freezer
holding pens
kill shoot
200 AMP Services with 3 Phase Power
Building Details
Flooring type
Simulatedwood, Laminate, Concrete
Building materials
AluminumSiding
Roof type
Metal
Listing Agency:
Smith and Associates Real Estate Services
(479) 225-6995
Listed By:
Kenena Pelfrey · License #SA00090872
(479) 595-1246
Added: Jan 16
Changed: Aug 19
Last Checked: Aug 22 at 3:06PM
MLS# 1333246
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.
Investment Insights
Based on property information with market context.
This remodeled 4,100-square-foot storefront property sits on 0.5 acres and includes a climate-controlled building with central heating and cooling. The current configuration includes stainless-steel worktables, a band saw, commercial grinder, vacuum sealer, holding pens, and a kill shoot. A 12 X 24 cooling room and a 12 X 24 freezer are also part of the property. The building has aluminum siding, a metal roof, mixed simulated wood, laminate, and concrete flooring, public water, and a septic tank.
Positioned along Hwy 16 at 20553 Durham McCord in Elkins, the property offers road frontage and visibility. Electrical capacity includes two 200 AMP services with 3 Phase Power. Its prior use as a store and existing improvements support continued retail use or adaptation for other commercial purposes, subject to applicable requirements.
Positioned along Hwy 16 at 20553 Durham McCord in Elkins, the property offers road frontage and visibility. Electrical capacity includes two 200 AMP services with 3 Phase Power. Its prior use as a store and existing improvements support continued retail use or adaptation for other commercial purposes, subject to applicable requirements.
Key Highlights
- 4,100‑square‑foot climate‑controlled commercial building on 0.5 acres
- 12 X 24 cooling room and 12 X 24 freezer
- Stainless‑steel tables, band saw, commercial grinder, and vacuum sealer included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,250
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$965,000
$965.0K
Cap Rate 7%
$689,286
$689.3K
Cap Rate 9%
$536,111
$536.1K
Market Conditions
NOI Build-Up for 4,100 SF
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.
Gross rent
$73.8K $18.00/SF
− Vacancy
−$4.9K −$1.19/SF
EGI
$68.9K $16.81/SF
− OpEx
−$20.7K −$5.04/SF
NOI
$48.3K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$965,000
Cap Rate 7%
$689,286
Cap Rate 9%
$536,111
Alternative Uses
Best Use
Specialty Retail
$738.5K
$646.2K – $861.6K
NOI $51,697 @ 7.0% cap · market cap 9.40%
Second Best
Retail
$689.3K
$603.1K – $804.2K
NOI $48,250 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$1.10M
$962.9K – $1.28M
NOI $77,035 @ 7.0% cap · market cap 14.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72727, AR
6,434
Population
2,803
Households
2.3
Avg Household Size
39
Median Age
18%
College-Educated
90%
High-School Grad
155.6 sq mi
ZIP Area
41
Density / Sq Mi
$71,705
Median Household Income
$37,373
Median Earnings
$1,063
Median Rent
$191,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Climate-controlled commercial space with specialized food-processing equipment, highway frontage, and three-phase electrical service.
Where is this storefront property located?
The property is located at 20553 Durham McCord Elkins, AR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4,100‑square‑foot climate‑controlled commercial building on 0.5 acres; 12 X 24 cooling room and 12 X 24 freezer; Stainless‑steel tables, band saw, commercial grinder, and vacuum sealer included
