Storefront Property with Fenced
For Sale
Under Contract
$295,000
603 Prickett Road, Bryant, AR 72022
COMMERCIAL - Bryant, AR
Property Size900 SF
Lot Size0.25 Acres
Price / SF$327.78
Days on Market208
Property Features for 603 Prickett Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Office, Other(See Remarks)
Parking
8
Exterior features
Partially Fenced, Door Sign
Fencing
Partial
Lot features
Level, Not in Subdivision, Neighbor Business
Directions
I-30 to Bryant exit to Reynolds Rd, then take a right onto Ethel Dr., then a slight right onto Prickett Rd. Cutting Edge Salon is on your left.
Subdivision
BRYANT
Standard status
Active Under Contract
Size
900 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
PT NENE 2013-89104
Tax Annual Amount
721
Legal Description
PT NENE 2013-89104
Building Details
Year built
2001
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Architectural style
Other
Listing Agency:
First National Realty
(501) 317-7673
Listed By:
Eric Jones
(501) 317-5138
Added: Jan 24
Changed: Aug 17
Last Checked: Aug 20 at 9:06AM
MLS# 26003426
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.
Investment Insights
Based on property information with market context.
This 900-square-foot storefront property in Bryant includes an existing hair salon setup within a building constructed in 2001. The improvements feature concrete flooring, a metal roof, partial fencing, and a door sign. A fenced rear yard with a double gate provides access for trucks and trailers, while the level lot may accommodate additional structures subject to applicable requirements.
The property is located at 603 Prickett Road in Bryant, next to Childcare Network Daycare and near a mix of small businesses and residential areas. Its quarter-acre site combines a compact commercial building with usable exterior space and straightforward rear access.
The property is located at 603 Prickett Road in Bryant, next to Childcare Network Daycare and near a mix of small businesses and residential areas. Its quarter-acre site combines a compact commercial building with usable exterior space and straightforward rear access.
Key Highlights
- 900 square feet on a 0.25‑acre commercial lot
- Existing hair salon setup in a building built in 2001
- Fenced backyard with double‑gate access for trucks and trailers
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
$9,867
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
3.34%
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%
$197,340
$197.3K
Cap Rate 7%
$140,957
$141.0K
Cap Rate 9%
$109,633
$109.6K
Market Conditions
NOI Build-Up for 900 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
$15.0K $16.68/SF
− Vacancy
−$916 −$1.02/SF
EGI
$14.1K $15.66/SF
− OpEx
−$4.2K −$4.70/SF
NOI
$9.9K $10.96/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$16.68 /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%
$197,340
Cap Rate 7%
$140,957
Cap Rate 9%
$109,633
Alternative Uses
Best Use
Retail
$141.0K
$123.3K – $164.5K
NOI $9,867 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$196.4K
$171.9K – $229.1K
NOI $13,748 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 68%
Shops & Services 30%
Dining 2%
Lowe's
Home Improvements & Furnishings
36,569 visits/mo
0.5 miles
Kum & Go
Shops & Services
11,214 visits/mo
0.2 miles
Regions Bank
Shops & Services
4,446 visits/mo
0.3 miles
Daylight Donuts
Dining
1,190 visits/mo
0.2 miles
Liberty Tax
Shops & Services
417 visits/mo
0.2 miles
Demographics for 72022, AR
18,206
Population
7,353
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
94%
High-School Grad
13.6 sq mi
ZIP Area
1,339
Density / Sq Mi
$84,471
Median Household Income
$51,193
Median Earnings
$987
Median Rent
$221,200
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 - Existing salon layout occupies a level quarter-acre commercial lot with rear vehicle access.
Where is this storefront property located?
The property is located at 603 Prickett Road Bryant, AR.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 900 square feet on a 0.25‑acre commercial lot; Existing hair salon setup in a building built in 2001; Fenced backyard with double‑gate access for trucks and trailers
