Brick Storefront
For Sale
$275,000
206 E Main Street, Gentry, AR 72734
COMMERCIAL - Gentry, AR
Property Size1,800 SF
Lot Size0.08 Acres
Price / SF$152.78
Days on Market31
Property Features for 206 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking
2
Parking features
On Street, Parking Lot
Appliances
GasWaterHeater
Lot features
Central Business District, City Lot
Directions
From I-49, take exit 86 for US-62 E/AR-12 E/AR-102 W/SE 14th St toward Hudson Rd. Use the left 2 lanes to take the AR-102 W ramp to Bentonville. Use any lane to turn left onto AR-102 W/AR-12/US-62 W/SE 14th St. Turn left onto 4th St. Turn right onto Church Ave. The property will be on the right.
Standard status
Active
APN
10-00310-000
Size
1,800 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
Benton Co: Gentry City: Lot E 15'11 Block 21
Tax Annual Amount
832
Legal Description
Benton Co: Gentry City: Lot E 15'11 Block 21
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1939
Floors in Building
1
Number of units
2
Flooring type
Concrete, Vinyl
Building materials
Brick, Block, Concrete
Listing Agency:
Limbird Real Estate Group
(855) 755-7653
Listed By:
The Limbird Team
(855) 755-7653
Added: Jul 21
Changed: Aug 19
Last Checked: Aug 20 at 6:06AM
MLS# 1356020
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 1,800-square-foot storefront property contains two units within a brick and concrete block building constructed in 1939. The building is currently leased and includes central natural-gas heating, electric central air conditioning, concrete and vinyl flooring, and a gas water heater. Public water and sewer serve the property, with gas, electric, and fiber optic utilities also available.
Located at 206 E Main Street in Gentry’s Central Business District, the property fronts a corridor carrying more than 5,500 vehicles daily. Parking is available on site and along the street, while access to a major road supports convenient arrival for occupants and visitors. The parcel encompasses 0.08 acres in Benton County.
Located at 206 E Main Street in Gentry’s Central Business District, the property fronts a corridor carrying more than 5,500 vehicles daily. Parking is available on site and along the street, while access to a major road supports convenient arrival for occupants and visitors. The parcel encompasses 0.08 acres in Benton County.
Key Highlights
- 1,800 SF brick commercial building with two units
- Constructed in 1939 with brick, concrete block, and concrete materials
- Currently leased and situated in Gentry’s Central Business District
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
109
Businesses Nearby
Well-served
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.
Frequently Asked Questions
What type of property is this?
Storefront property - Two leased units occupy a downtown commercial building with public utilities and on-site parking.
Where is this storefront property located?
The property is located at 206 E Main Street 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 brick commercial building with two units; Constructed in 1939 with brick, concrete block, and concrete materials; Currently leased and situated in Gentry’s Central Business District
