Brick Storefront with High
For Sale
$325,000
232 E Main Street, Gentry, AR 72734
CommercialSale, Gentry, AR
Property Size2,550 SF
Lot Size0.08 Acres
Price / SF$127.45
Days on Market47
Property Features for 232 E Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Parking
2
Parking features
Parking Lot, On Street
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
10-00303-000
Size
2,550 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Description
Benton Co: Gentry Orig-Gentry: Lot 4 Block 21
Tax Annual Amount
751
Legal Description
Benton Co: Gentry Orig-Gentry: Lot 4 Block 21
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
off-street parking
14-foot ceilings
Building Details
Floors in Building
1
Number of units
1
Building materials
Brick, Block, Concrete
Listing Agency:
Limbird Real Estate Group
(855) 755-7653
Listed By:
The Limbird Team
(479) 372-6246
Added: Jul 21
Changed: Sep 4
Last Checked: Sep 5 at 11:06AM
MLS# 1356032
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 2,550-square-foot storefront at 232 E Main Street combines a brick exterior with a cinder block addition and a flexible interior layout. The property includes one restroom, 14-foot ceilings, off-street parking, and a parking lot with additional on-street parking. Recent improvements include a new HVAC system, PVC roof, and updated electrical and plumbing. The building is currently leased and features natural-gas heating, central air, public water, and public sewer.
Positioned on Main Street in Gentry’s Central Business District, the property records a daily traffic count of 5,500 cars. The site measures 0.08 acres and is zoned commercial, with fiber optic, gas, and public water and sewer available. Its storefront configuration and existing lease provide a combination of retail functionality and ongoing occupancy.
Positioned on Main Street in Gentry’s Central Business District, the property records a daily traffic count of 5,500 cars. The site measures 0.08 acres and is zoned commercial, with fiber optic, gas, and public water and sewer available. Its storefront configuration and existing lease provide a combination of retail functionality and ongoing occupancy.
Key Highlights
- 2,550 SF storefront on a 0.08‑acre site
- 5,500‑car daily traffic count on Main Street
- Brick exterior with cinder block addition
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 storefront with updated building systems, flexible retail space, and off-street parking.
Where is this storefront property located?
The property is located at 232 E Main Street 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 on a 0.08‑acre site; 5,500‑car daily traffic count on Main Street; Brick exterior with cinder block addition
