Retail Storefront
For Sale
$94,500
2953 Hwy 167 N, Sheridan, AR 72150
Storefront retail space for sale at 2953 Highway 167 N, listed for lease as well, offering highway exposure.
Property Size400 SF
Days on Market171
Property Features for 2953 Hwy 167 N
General Information
Standard status
Active
Size
400 SF
Total Parking Spaces
30
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Building Size
400 SF
Year Built
2005
Stories
1
Listing Agency:
Liveco Real Estate
(501) 680-4152
Listed By:
Melanie Wilkie
(501) 680-4152
Source:
Jcthornton
Added: Mar 6
Changed: Aug 23
Last Checked: Aug 23 at 6:54AM
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 Liveco Real Estate
Investment Insights
Based on property information with market context.
This retail storefront space at 2953 Highway 167 N is offered for sale and is also listed for lease (MLS # referenced in public remarks). At this site, the property is positioned for visibility along Highway 167 N, making it a straightforward option for a business looking for prominent frontage.
The property is presented as a “start here” location in the public remarks, with an emphasis on exposure right on Hwy 167N. No additional interior layout, condition details, or configuration information is provided in the listing data, so potential occupants and buyers should confirm specifics during due diligence.
For parties interested in flexibility, the dual-sale/lease listing can be useful when evaluating timing and occupancy plans. All terms and availability details can be confirmed through the listing agent using the referenced MLS information.
The property is presented as a “start here” location in the public remarks, with an emphasis on exposure right on Hwy 167N. No additional interior layout, condition details, or configuration information is provided in the listing data, so potential occupants and buyers should confirm specifics during due diligence.
For parties interested in flexibility, the dual-sale/lease listing can be useful when evaluating timing and occupancy plans. All terms and availability details can be confirmed through the listing agent using the referenced MLS information.
Key Highlights
- Storefront retail space for sale at 2953 Highway 167 N
- Highway exposure on Hwy 167 N
- Property is also listed for lease (MLS # provided in remarks)
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
$3,980
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
4.21%
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%
$79,600
$79.6K
Cap Rate 7%
$56,857
$56.9K
Cap Rate 9%
$44,222
$44.2K
Market Conditions
NOI Build-Up for 400 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
$6.0K $15.12/SF
− Vacancy
−$363 −$0.91/SF
EGI
$5.7K $14.21/SF
− OpEx
−$1.7K −$4.26/SF
NOI
$4.0K $9.95/SF
Area
Grant County, AR
Vacancy
6.00%
Lease Rate
$15.12 /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%
$79,600
Cap Rate 7%
$56,857
Cap Rate 9%
$44,222
Alternative Uses
Best Use
Retail
$56.9K
$49.8K – $66.3K
NOI $3,980 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$81.4K
$71.3K – $95.0K
NOI $5,701 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72150, AR
12,218
Population
5,359
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
293.5 sq mi
ZIP Area
42
Density / Sq Mi
$75,342
Median Household Income
$45,316
Median Earnings
$781
Median Rent
$176,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail space for sale at 2953 Highway 167 N, listed for lease as well, offering highway exposure.
Where is this storefront property located?
The property is located at 2953 Hwy 167 N Sheridan, AR.
What is the asking price?
The asking price for this property is $94,500.
What are key features of this property?
This property features: Storefront retail space for sale at 2953 Highway 167 N; Highway exposure on Hwy 167 N; Property is also listed for lease (MLS # provided in remarks)
