Historic District Retail
209 E Pickens Road Pea Ridge, AR 72751
For Sale
$705,000
Storefront property in the Pea Ridge Commercial Historic District, listed on the National Register in 2007.
Property Size4,410 SF
Price / SF$159.86
Days on Market63
Property Features for 209 E Pickens Road
General Information
- Standard status
- Active
- Size
- 4,410 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1920
Listing Agency:
Moses Tucker Partners-Bentonville Branch
(479) 466-9569
Listed By:
Josh Singleterry · License #SA00070928
(479) 466-9569
Source:
Exitrealty
Added: May 22
Changed: Jul 23
Last Checked: Jul 23 at 8:32AM
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
Investment Insights
Based on property information with market context.
This storefront property is located in the heart of the Pea Ridge Commercial Historic District and was officially listed on the National Register of Historic Places in May 2007. It offers a retail storefront configuration within a district recognized for its historic character.
The property is positioned directly across from the Pea Ridge Veterans Memorial and near Pea Ridge Intermediate School and Pea Ridge Pre-K. It is also close to the highly trafficked intersection of E. Pickens Road and Highway 94, with over 17,200 vehicles passing daily.
Surrounding growth is highlighted by upcoming developments including a Walmart Supercenter, Tractor Supply store, a new BMX park, and a championship-level disc golf course. The location provides regional connectivity, sitting about 7 miles from Pea Ridge National Military Park, 4.8 miles from I-49, 7.1 miles from Highway 62, and 7.3 miles from Bentonville Square.
The property is positioned directly across from the Pea Ridge Veterans Memorial and near Pea Ridge Intermediate School and Pea Ridge Pre-K. It is also close to the highly trafficked intersection of E. Pickens Road and Highway 94, with over 17,200 vehicles passing daily.
Surrounding growth is highlighted by upcoming developments including a Walmart Supercenter, Tractor Supply store, a new BMX park, and a championship-level disc golf course. The location provides regional connectivity, sitting about 7 miles from Pea Ridge National Military Park, 4.8 miles from I-49, 7.1 miles from Highway 62, and 7.3 miles from Bentonville Square.
Key Highlights
- Storefront property in the Pea Ridge Commercial Historic District, built in 1920
- Officially listed on the National Register of Historic Places (May 2007)
- Located directly across from Pea Ridge Veteran’s Memorial, Pea Ridge Intermediate School, and Pea Ridge Pre‑K
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 | $76.7k | $17.40 |
| − Vacancy | −$5.1k | −$1.15 |
| EGI | $71.7k | $16.25 |
| − OpEx | −$21.5k | −$4.88 |
| NOI | $50.2k | $11.38 |
4,410 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$716.7K
$627.1K – $836.2K
NOI $50,169 @ 7.0% cap · market cap 7.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,833 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- The Cottage Flower Shop — 378 N Curtis Ave, Pea Ridge, AR 72751
FAQs
What type of property is this?
Storefront property - Storefront property in the Pea Ridge Commercial Historic District, listed on the National Register in 2007.
Where is this storefront property located?
The property is located at 209 E Pickens Road Pea Ridge, AR.
What is the asking price?
The asking price for this property is $705,000.
What are key features of this property?
This property features: Storefront property in the Pea Ridge Commercial Historic District, built in 1920; Officially listed on the National Register of Historic Places (May 2007); Located directly across from Pea Ridge Veteran’s Memorial, Pea Ridge Intermediate School, and Pea Ridge Pre‑K
