Medical Office with Private
For Sale
$539,000
3006 E Kiehl Avenue, Sherwood, AR 72120
Office suite features five exam rooms, lab area, reception, and dedicated parking in a high-traffic location.
Days on Market16
Property Features for 3006 E Kiehl Avenue
General Information
Standard status
Active
Total Parking Spaces
15
Property subtype
Commercial
Additional Details
Traffic Count
21,000 vehicles/day
Building Details
Building Size
2,182 SF
Year Built
1983
Listing Agency:
McKimmey Associates Realtors Nlr
(501) 231-1725
Listed By:
Steve Jenkins · License #SA00070306
(501) 231-1725
Source:
Jcthornton
Added: Jul 16
Changed: Jul 27
Last Checked: Jul 30 at 12:07PM
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 McKimmey Associates Realtors Nlr
Investment Insights
Based on property information with market context.
This commercial property is a versatile medical or professional office space that was previously operated as a dental office. The interior layout includes five patient or exam rooms, a lab area, reception and front desk space, a private office, a break room, and restrooms consisting of one public restroom and two private restrooms. A separate private entrance and exit for staff or ownership supports day-to-day convenience and operational flexibility.
The property is positioned in the heart of Sherwood and benefits from approximately 21,000 vehicles passing daily, providing strong visibility. It also offers 15 dedicated parking spaces.
Recent improvements include a new roof installed in 2025 and a new HVAC unit installed in 2026.
The property is positioned in the heart of Sherwood and benefits from approximately 21,000 vehicles passing daily, providing strong visibility. It also offers 15 dedicated parking spaces.
Recent improvements include a new roof installed in 2025 and a new HVAC unit installed in 2026.
Key Highlights
- Commercial space built in 1983 in the heart of Sherwood with approximately 21,000 vehicles passing daily
- Layout includes five patient/exam rooms, a lab area, reception/front desk, private office, and break room
- Restroom setup: one public restroom plus two private restrooms
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.7k | $20.04 |
| − Vacancy | −$4.4k | −$2.02 |
| EGI | $39.3k | $18.02 |
| − OpEx | −$15.7k | −$7.21 |
| NOI | $23.6k | $10.81 |
2,182 SF · lease $20.04/SF/yr · vacancy 10.10% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$336.9K
$294.8K – $393.1K
NOI $23,586 @ 7.0% cap · market cap 4.38%
Second Best
Office B
$260.7K
$228.1K – $304.2K
NOI $18,249 @ 7.0% cap · market cap 3.39%
Theoretical Best
Specialty Retail
$416.2K
$364.2K – $485.6K
NOI $29,135 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
21,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72120, AR
34,784
Population
15,216
Households
2.3
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
54.2 sq mi
ZIP Area
642
Density / Sq Mi
$75,853
Median Household Income
$48,453
Median Earnings
$1,026
Median Rent
$189,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Animal Hospital & Clinic-Shrwd — 3008 E Kiehl Ave, Sherwood, AR 72120
- Kiehl Avenue Animal Clinic — 3911 E Kiehl Ave, Sherwood, AR 72120
- Bogoslavsky Lance DVM — 3008 E Kiehl Ave, Sherwood, AR 72120
Frequently Asked Questions
What type of property is this?
Medical Office Space - Office suite features five exam rooms, lab area, reception, and dedicated parking in a high-traffic location.
Where is this medical office space located?
The property is located at 3006 E Kiehl Avenue Sherwood, AR.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Commercial space built in 1983 in the heart of Sherwood with approximately 21,000 vehicles passing daily; Layout includes five patient/exam rooms, a lab area, reception/front desk, private office, and break room; Restroom setup: one public restroom plus two private restrooms
