Two-Unit Brick
For Sale
$275,000
206 E Main St, Gentry, AR 72734
Leased commercial building with central gas heat, electric air, and fiber optic service.
Property Size1,800 SF
Price / SF$152.78
Days on Market27
Property Features for 206 E Main St
General Information
Standard status
Active
Size
1,800 SF
Zoning
Central Business District
Site & Location
Traffic Count
5,500 vehicles/day
Road Access
Yes
Utilities to Site
Yes
Additional Details
Gross Income
$15,600
Amenities
central gas heat and electric air
fiber optic
on-site parking
on-street parking
Building Details
Year Built
1939
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Limbird Real Estate Group
(479) 372-6246
Listed By:
The Limbird Team
Source:
Thesummithometeam
Added: Aug 4
Changed: Aug 29
Last Checked: Aug 29 at 2:54PM
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 Limbird Real Estate Group
Investment Insights
Based on property information with market context.
This 1,800-square-foot storefront property comprises two units within a brick and concrete block building constructed in 1939. The building is currently leased and includes central gas heat, electric air conditioning, and access to public water, sewer, gas, electric, and fiber optic utilities. On-site and street parking support daily tenant and customer access.
The property occupies a location in Gentry’s Central Business District at 206 E Main St, along a corridor carrying more than 5,500 vehicles daily. Major road access adds convenience for visitors and occupants, while the durable masonry construction provides a long-standing commercial framework.
The property occupies a location in Gentry’s Central Business District at 206 E Main St, along a corridor carrying more than 5,500 vehicles daily. Major road access adds convenience for visitors and occupants, while the durable masonry construction provides a long-standing commercial framework.
Key Highlights
- 1,800 SF two‑unit storefront building
- Built in 1939 with brick and concrete block construction
- Located in the Central Business District at 206 E Main St
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
$20,477
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
7.45%
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%
$409,540
$409.5K
Cap Rate 7%
$292,529
$292.5K
Cap Rate 9%
$227,522
$227.5K
Market Conditions
NOI Build-Up for 1,800 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
$31.3K $17.40/SF
− Vacancy
−$2.1K −$1.15/SF
EGI
$29.3K $16.25/SF
− OpEx
−$8.8K −$4.88/SF
NOI
$20.5K $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 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%
$409,540
Cap Rate 7%
$292,529
Cap Rate 9%
$227,522
Alternative Uses
Best Use
Retail
$292.5K
$256.0K – $341.3K
NOI $20,477 @ 7.0% cap · market cap 7.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.7K
$432.8K – $577.1K
NOI $34,626 @ 7.0% cap · market cap 12.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5,500 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72734, AR
7,905
Population
3,395
Households
2.3
Avg Household Size
37
Median Age
15%
College-Educated
90%
High-School Grad
81.6 sq mi
ZIP Area
97
Density / Sq Mi
$68,716
Median Household Income
$38,930
Median Earnings
$1,079
Median Rent
$198,000
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.
Similar Off Market Nearby
- Falyn’s Flowers and Gifts LLC — 120 E Main St, Gentry, AR 72734
Frequently Asked Questions
What type of property is this?
Storefront property - Leased commercial building with central gas heat, electric air, and fiber optic service.
Where is this storefront property located?
The property is located at 206 E Main St Gentry, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,800 SF two‑unit storefront building; Built in 1939 with brick and concrete block construction; Located in the Central Business District at 206 E Main St
