Brick Storefront with 14-Foot
For Sale
$325,000
232 E Main St, Gentry, AR 72734
Leased commercial building with updated systems and off-street parking.
Property Size2,550 SF
Price / SF$127.45
Days on Market9
Property Features for 232 E Main St
General Information
Standard status
Active
Size
2,550 SF
Site & Location
Traffic Count
5,500 vehicles/day
Utilities to Site
Yes
Amenities
14-foot ceilings
flexible boutique-ready layout
Building Details
Buildings
1
Construction
brick
Listing Agency:
Limbird Real Estate Group
(479) 372-6246
Listed By:
The Limbird Team
Source:
Thebesthomeprice
Added: Aug 21
Changed: Aug 28
Last Checked: Aug 25 at 5:37AM
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 2,550 SF storefront at 232 E Main St features a brick exterior, a cinder block addition, and 14-foot ceilings. The property includes one restroom, off-street parking, and a flexible interior layout suited to boutique retail or similar commercial use. It is currently leased and carries a historical presence dating to the WWII era.
Recent improvements include a new HVAC system, PVC roof, and updated electrical and plumbing throughout. The building is zoned commercial, with fiber optic, gas, and public water/sewer available. Positioned on Main Street in the Central Business District, the property has a reported daily traffic count of 5,500 cars.
Recent improvements include a new HVAC system, PVC roof, and updated electrical and plumbing throughout. The building is zoned commercial, with fiber optic, gas, and public water/sewer available. Positioned on Main Street in the Central Business District, the property has a reported daily traffic count of 5,500 cars.
Key Highlights
- 2,550 SF storefront with brick exterior and cinder block addition
- Located at 232 E Main St in the Central Business District
- Reported daily traffic count of 5,500 cars
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
$29,009
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
8.93%
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%
$580,180
$580.2K
Cap Rate 7%
$414,414
$414.4K
Cap Rate 9%
$322,322
$322.3K
Market Conditions
NOI Build-Up for 2,550 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
$44.4K $17.40/SF
− Vacancy
−$2.9K −$1.15/SF
EGI
$41.4K $16.25/SF
− OpEx
−$12.4K −$4.88/SF
NOI
$29.0K $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%
$580,180
Cap Rate 7%
$414,414
Cap Rate 9%
$322,322
Alternative Uses
Best Use
Retail
$414.4K
$362.6K – $483.5K
NOI $29,009 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700.8K
$613.2K – $817.6K
NOI $49,053 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5,500 VPD
Traffic count
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 updated systems and off-street parking.
Where is this storefront property located?
The property is located at 232 E Main St Gentry, AR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,550 SF storefront with brick exterior and cinder block addition; Located at 232 E Main St in the Central Business District; Reported daily traffic count of 5,500 cars
