Two-Story Live-Work
605 Mount Olive Street, Siloam Springs, AR 72761
For Sale
$299,900
CommercialSale, Siloam Springs, AR
Property Size1,780 SF
Lot Size0.44 Acres
Price / SF$168.48
Days on Market37
Property Features for 605 Mount Olive Street
General Information
Property type
Property subtype
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Amenities
laminate flooring
abundant second-level attic storage
vinyl windows
three cooling systems
detached garage
wooded backyard
Building Details
Year built
Flooring type
Listing Agency:
Keller Williams Market Pro Realty - Siloam Springs · Keller Williams Realty
(479) 718-2800
Listed By:
Cammi Hevener · License AR EB00075080
(479) 427-0240
Added: Oct 7
Changed: Nov 10
Last Checked: Nov 12 at 6:06AM
MLS# 1364400
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.
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Investment Insights
Based on property information with market context.
This two-story live-work property contains 1,780 square feet and includes a shop area, attic storage on the upper level, vinyl windows, and a detached garage. Cooling is provided by two HVAC units and a mini-split serving the front shop. The property is offered in as-is condition.
C-1A zoning and a special use permit allow the owner to operate a business and reside on the property. The 0.44-acre site comprises two parcels and includes a wooded backyard. The property was built in 1976.
C-1A zoning and a special use permit allow the owner to operate a business and reside on the property. The 0.44-acre site comprises two parcels and includes a wooded backyard. The property was built in 1976.
Key Highlights
- C‑1A zoning with a special use permit for owner business operations and on‑site residence
- 1,780‑square‑foot, two‑story property
- 0.44‑acre site comprising two parcels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,249
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,980
$405.0K
Cap Rate 7%
$289,271
$289.3K
Cap Rate 9%
$224,989
$225.0K
Market Conditions
NOI Build-Up for 1,780 SF
Gross rent
$31.0K $17.40/SF
− Vacancy
−$2.0K −$1.15/SF
EGI
$28.9K $16.25/SF
− OpEx
−$8.7K −$4.88/SF
NOI
$20.2K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,980
Cap Rate 7%
$289,271
Cap Rate 9%
$224,989
Alternative Uses
Best Use
Office B
$394.6K
$345.3K – $460.4K
NOI $27,622 @ 7.0% cap · market cap 9.21%
Second Best
Retail
$289.3K
$253.1K – $337.5K
NOI $20,249 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$489.2K
$428.0K – $570.7K
NOI $34,241 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
808
Businesses Nearby
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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
$218,700
Median Home Value
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Market
Average Price Trend$/SF for Live-work space in Benton County, AR
Properties on Market for Live-work space in Benton County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - C-1A zoning and a special use permit support business operations alongside on-site residential use.
Where is this live-work space located?
The property is located at 605 Mount Olive Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: C‑1A zoning with a special use permit for owner business operations and on‑site residence; 1,780‑square‑foot, two‑story property; 0.44‑acre site comprising two parcels
