Building Details

Year built 1971

Floors in Building 1

Flooring type Carpet - Partial, Vinyl, Tile, Wood

Roof type Shingle

Architectural style Ranch

Listing Agency: LPT Realty Conway · RE/MAX International k***@remax.net Show Phone

Listed By: Lisa Martin · License #SA00076588 Show Phone

Added: Jun 28, 2025 Changed: Oct 5 Last Checked: Oct 5 at 3:06PM

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MLS# 25025597

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$14,620

Cap Rate

4.19%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$292,400 $292.4K

Cap Rate 7%

$208,857 $208.9K

Cap Rate 9%

$162,444 $162.4K

Market Conditions

NOI Build-Up for 2,432 SF

Gross rent

$28.3K $11.64/SF

− Vacancy

−$1.7K −$0.71/SF

EGI

$26.6K $10.93/SF

− OpEx

−$12.0K −$4.92/SF

NOI

$14.6K $6.01/SF

Area

Faulkner County, AR

Vacancy

6.10%

Lease Rate

$11.64 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$292,400

Cap Rate 7%

$208,857

Cap Rate 9%

$162,444

Alternative Uses

Best Use

Apartment 5plus

$208.9K

$182.8K – $243.7K (±1% cap)

NOI $14,620 @ 7.0% cap · market cap 4.19%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$554.7K

$485.4K – $647.2K (±1% cap)

NOI $38,830 @ 7.0% cap · market cap 11.13%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm HVAC Service Real Estate Agency Spa & Massage Center Grocery & Convenience Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

144

Businesses Nearby

Explore this area Business Placement

Demographics for 72058, AR

18,525

Population

7,143

Households

2.6

Avg Household Size

37

Median Age

28%

College-Educated

96%

High-School Grad

157.3 sq mi

ZIP Area

118

Density / Sq Mi

$80,406

Median Household Income

$48,578

Median Earnings

$1,027

Median Rent

$203,400

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

Where is this commercial land located?

The property is located at 30 N Broadview Greenbrier, AR.

What is the asking price?

The asking price for this property is $349,000.