Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Property Ready For Business Title is generated by Realmo AI

    4 Lake St., Greenbrier, AR 72058

    View on Map
    Claim this Listing
    For Sale
    $275,000

    COMMERCIAL - Greenbrier, AR

    Property size:
    1,616 SF
    Lot size:
    0.57 Acres
    Price / SF:
    $170/SF
    Added:
    Dec 19, 2025
    Days on Market:
    154
    Last Refresh:
    May 22 at 2:06 am

    Property Features for 4 Lake St.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Exterior features
    Guttering
    Standard status
    Active
    Size
    1,616 SF
    Lot size
    0.57 Acres

    Taxes and HOA fees

    Tax Description
    Lot 9 Goodhaven
    Tax Annual Amount
    1501

    Building Details

    Year built
    1974
    Floors in Building
    1
    Flooring type
    Vinyl
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Missy Jenkins
    Missy Jenkins

    Listing agent Missy Jenkins

    Listing office Coldwell Banker Heritage Homes 7954 Edgemont Rd., Greers Ferry, AR

    Listing date Dec 19, 2025

    MLS# 25049486

    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.

    HighLights

    • High‑visibility location on Hwy 65 with significant daily traffic.
    • Ample parking available.
    • Ready for immediate business use, especially as a salon.
    • Seller willing to leave salon equipment (excluding mirrors).
    • Includes one and a half baths, break room, and laundry room with appliances.
    • Potential as an investment property.

    Overview

    This commercial property, formerly a hair salon and boutique known as Salon 1030, is available for purchase and ready for immediate business use. The property benefits from high visibility due to its location near the corner of Highway 65 and Lake Street, ensuring exposure to daily traffic. The building is currently configured as a salon, and the seller is open to leaving the existing equipment, excluding mirrors, unless the new owner prefers its removal. The interior layout includes one and a half bathrooms, a break room equipped with a refrigerator and microwave, and a laundry room featuring a washer, dryer, and sink. The property is all electric. With a total area of 1616 square feet and situated on a 0.57-acre lot, the property offers ample parking space. Located in Greenbrier, Arkansas, this property presents a potential investment opportunity.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $177.0K
    NOI $15,933 @ 9.00% cap · cautious / downside scenario
    Moderate
    $227.6K
    NOI $15,933 @ 7.00% cap · market / base-case scenario
    Aggressive
    $318.7K
    NOI $15,933 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Retail

    Component $ $/SF
    Gross rent $24.2k $15.00
    − Vacancy −$1.5k −$0.92
    EGI $22.8k $14.09
    − OpEx −$6.8k −$4.23
    NOI $15.9k $9.86
    1,616 SF · lease $15.00/SF/yr · vacancy 6.10% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $227.6K
    $199.2K – $265.6K (±1% cap)
    NOI $15,933 @ 7.0% cap · market cap 5.79%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $368.6K
    $322.5K – $430.0K (±1% cap)
    NOI $25,801 @ 7.0% cap · market cap 9.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenbrier
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.38719
    Latitude
    35.217037

    Nearby Similar for Sale

    • $325,000
      2,400 SF

      Greenbrier Shop on Large Lot

      New 2,400 SF shop on 0.75-acre lot for sale.
      218 Highway 225, Greenbrier, AR 72058
      View Details
    • $399,000
      2,200 SF

      Greenbrier Duplex For Sale

      Duplex in Greenbrier with 3 bedrooms and 2 bathrooms.
      19 Horseshoe, Greenbrier, AR 72058
      View Details
    • $149,900
      1,488 SF

      Greenbrier Office Building and Land

      Office building on a high-traffic highway with great visibility.
      28 N Broadview, Greenbrier, AR 72058
      View Details
    • $3,440,000

      Faulkner County Legacy Property

      Extraordinary 344+/- acre estate with pasture, timber, and creek.
      172 Blackfork Road, Greenbrier, AR 72058
      View Details
    • $3,750
      4,860 SF

      Commercial Property on Hwy 65

      Commercial property for sale located on Highway 65.
      625 Hwy 65, Greenbrier, AR 72058
      View Details
    • $145,000
      3,600 SF

      Greenbrier Church with Ample Parking

      Country church in excellent condition with parking on 1.51 acres.
      930 E Hwy 225, Greenbrier, AR 72058
      View Details
    • $2,625,000

      Drive-Thru Restaurant For Sale

      New drive-thru restaurant with 12-year lease along U.S. Hwy 65.
      91 S Broadview St, Greenbrier, AR
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial property in Greenbrier, AR, ready for immediate business use.
    Where is this retail space located?
    The property is located at 4 Lake St. Greenbrier, AR.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: High‑visibility location on Hwy 65 with significant daily traffic.; Ample parking available.; Ready for immediate business use, especially as a salon.
    (870) 514-8203
    We can help!
    Listing Contact
    Missy Jenkins
    Missy Jenkins
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4 Lake St., Greenbrier, AR 72058
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!