Historic Mixed-Use
For Sale
$695,000
400 Mount Olive Street, Siloam Springs, AR 72761
CommercialSale, Siloam Springs, AR
Property Size3,718 SF
Lot Size0.27 Acres
Price / SF$186.93
Days on Market261
Property Features for 400 Mount Olive Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential Office
Parking
7
Exterior features
Storage
Appliances
GasWaterHeater
Lot features
City Lot
Directions
Hwy 412 W to S Mt Olive St. Property will be on the left at the corner of W Twin Springs and Mt Olive St.
Standard status
Active
APN
03-01394-000
Size
3,718 SF
Lot size
0.27 Acres
Additional Details
Currently Operating
Yes
Property Use
Medical Office
Medical Specialty
chiropractic
Taxes and HOA fees
Tax Description
PLAT 12/23/1916 A-105
Tax Annual Amount
3057
Legal Description
PLAT 12/23/1916 A-105
Utilities
Sewer type
Public Sewer
Heating system
Ductless (Heating), Central
Cooling system
Central Air, Ductless
Water source
Public
Amenities
ADA accessibility
three-phase power
Building Details
Year built
1907
Floors in Building
3
Flooring type
Tile, Wood, Vinyl, Carpet
Building materials
VinylSiding, WoodSiding
Roof type
Shingle
Additional Structures
Storage
Buildings
2
Listing Agency:
Century 21 Lyons & Associates · Century 21 Real Estate
(479) 524-2100
Listed By:
Stephanie Truitt · License #EB00079735
(479) 228-2398
Added: Feb 15
Changed: Oct 31
Last Checked: Nov 2 at 5:06PM
MLS# 1345479
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,718-square-foot mixed-use property at 400 Mount Olive Street includes a 1907 main house and a detached cottage constructed in 2001. The main level is configured for professional use with ADA accessibility, three private offices, a half bath, and three-phase power. Upper-level living space includes a kitchen, full bath, one bedroom, and an additional bedroom on the third floor. The main house has a newer roof and updated upstairs windows.
The detached cottage contains two approximately 500-square-foot short-term rental units, each with one bedroom, one bath, and a kitchen. Additional improvements include custom decks, a garage/workshop, carport, storage, landscaped grounds, and raised garden beds. Public water and sewer serve the property, which is located across from a park, library, and farmers market and near downtown Siloam Springs.
The detached cottage contains two approximately 500-square-foot short-term rental units, each with one bedroom, one bath, and a kitchen. Additional improvements include custom decks, a garage/workshop, carport, storage, landscaped grounds, and raised garden beds. Public water and sewer serve the property, which is located across from a park, library, and farmers market and near downtown Siloam Springs.
Key Highlights
- 3,718 SF mixed‑use property on a 0.27‑acre lot
- 1907 main house with professional office and residential living areas
- Main level includes ADA access, 3 private offices, half bath, and three‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,695
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,900
$1.2M
Cap Rate 7%
$824,214
$824.2K
Cap Rate 9%
$641,056
$641.1K
Market Conditions
NOI Build-Up for 3,718 SF
Gross rent
$82.5K $22.20/SF
− Vacancy
−$5.6K −$1.51/SF
EGI
$76.9K $20.69/SF
− OpEx
−$19.2K −$5.17/SF
NOI
$57.7K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,153,900
Cap Rate 7%
$824,214
Cap Rate 9%
$641,056
Alternative Uses
Best Use
Office B
$824.2K
$721.2K – $961.6K
NOI $57,695 @ 7.0% cap · market cap 8.30%
Second Best
Healthcare Medical
$642.9K
$562.6K – $750.1K
NOI $45,005 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$1.02M
$894.0K – $1.19M
NOI $71,521 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
Demographics for 72761, AR
23,731
Population
9,101
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
86%
High-School Grad
114.1 sq mi
ZIP Area
208
Density / Sq Mi
$69,620
Median Household Income
$35,724
Median Earnings
$936
Median Rent
$218,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines a professional office, residential quarters, and two active short-term rental units.
Where is this mixed-use property located?
The property is located at 400 Mount Olive Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 3,718 SF mixed‑use property on a 0.27‑acre lot; 1907 main house with professional office and residential living areas; Main level includes ADA access, 3 private offices, half bath, and three‑phase power
