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Historic Storefront Building
For Sale
$705,000

209 E Pickens Road, Pea Ridge, AR 72751

CommercialSale, Pea Ridge, AR

Property Size4,410 SF
Lot Size0.16 Acres
Price / SF$159.86
Days on Market139

Property Features for 209 E Pickens Road

General Information

Property type Commercial Sale
Property subtype Retail
Lot features Central Business District
Directions Located near the intersection of E Pickens Rd and Hwy 94/N Curtis Ave
Standard status Active
APN 13-00385-000
Size 4,410 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description PART OF LOT 2 AND PART OF LOT 3, BLOCK 3, ORIGINAL TOWN OF PEA RIDGE, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: FROM THE NORTHWEST CORNER OF LOT 3, RUN SOUTH 90 FEET TO THE POINT OF BEGINNING: RUN THENCE SOUTH 36 1 /2 FEET TO THE SOUTH LINE O F LO
Tax Annual Amount 1070
Legal Description PART OF LOT 2 AND PART OF LOT 3, BLOCK 3, ORIGINAL TOWN OF PEA RIDGE, ARKANSAS, MORE PARTICULARLY DESCRIBED AS FOLLOWS: FROM THE NORTHWEST CORNER OF LOT 3, RUN SOUTH 90 FEET TO THE POINT OF BEGINNING: RUN THENCE SOUTH 36 1 /2 FEET TO THE SOUTH LINE O F LO

Building Details

Year built 1920
Listing Agency: Moses Tucker Partners-Bentonville Branch
Listed By: Josh Singleterry · License #SA00070928
Added: May 21 Changed: Aug 31 Last Checked: Oct 6 at 6:06AM
MLS# 1348229

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.

Built in 1920, this 4,410-square-foot storefront property occupies 0.16 acres at 209 E Pickens Road in Pea Ridge. The building is officially listed on the National Register of Historic Places, with the designation recorded in May 2007, and sits within the Pea Ridge Commercial Historic District.

The property is across from the Pea Ridge Veteran's Memorial, Pea Ridge Intermediate School, and Pea Ridge Pre-K. It is near the intersection of E. Pickens Road and Highway 94, where reported daily traffic exceeds 17,200 vehicles. Regional access includes a 4.8-mile connection to I-49, 7.1 miles to Highway 62, 7.0 miles to Pea Ridge National Military Park, and 7.3 miles to Bentonville Square. Planned nearby projects include a Walmart Supercenter, Tractor Supply store, BMX park, and championship-level disc golf course.

Key Highlights

  • 4,410‑square‑foot storefront building constructed in 1920
  • 0.16‑acre property at 209 E Pickens Road, Pea Ridge, AR 72751
  • Officially listed on the National Register of Historic Places in May 2007

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,169
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,380 $1.0M
Cap Rate 7%
$716,700 $716.7K
Cap Rate 9%
$557,433 $557.4K
Market Conditions
NOI Build-Up for 4,410 SF
Gross rent
$76.7K $17.40/SF
− Vacancy
−$5.1K −$1.15/SF
EGI
$71.7K $16.25/SF
− OpEx
−$21.5K −$4.88/SF
NOI
$50.2K $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 Rate 5%
$1,003,380
Cap Rate 7%
$716,700
Cap Rate 9%
$557,433

Alternative Uses

Best Use
Retail
$716.7K
$627.1K – $836.2K (±1% cap)
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 (±1% cap)
NOI $84,833 @ 7.0% cap · market cap 12.03%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage HVAC Service Real Estate Agency Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

124
Businesses Nearby
Balanced
Demand for This Use

Demographics for 72751, AR

8,361
Population
3,487
Households
2.4
Avg Household Size
34
Median Age
24%
College-Educated
92%
High-School Grad
24.1 sq mi
ZIP Area
347
Density / Sq Mi
$92,173
Median Household Income
$44,510
Median Earnings
$1,395
Median Rent
$258,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • The Cottage Flower Shop — 378 N Curtis Ave, Pea Ridge, AR 72751

Frequently Asked Questions

What type of property is this?
Storefront property - National Register-listed commercial building positioned across from schools and a veterans memorial in Pea Ridge’s historic district.
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: 4,410‑square‑foot storefront building constructed in 1920; 0.16‑acre property at 209 E Pickens Road, Pea Ridge, AR 72751; Officially listed on the National Register of Historic Places in May 2007
More about this property
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