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Mixed-Use Building with Apartment

712 Mount Olive Street, Siloam Springs, AR 72761

For Sale
$249,000

CommercialSale, Siloam Springs, AR

Property Size2,184 SF
Lot Size0.21 Acres
Price / SF$114.01
Days on Market183

Property Features for 712 Mount Olive Street

General Information

Property type Commercial Sale
Property subtype Retail
Lot features Central Business District, City Lot
Directions From Hwy 412 go N on Mt Olive, property will be on the W side of road just passed stoplight at Tulsa St.
Standard status Active
APN 03-01850-000
Size 2,184 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description LOT:8,N/29 BLK:13 DIST:03 CITY/MUNI/TWP:SILOAM SPRINGS SUBD:CRANES ADD-SILOAM SPRINGS SEC/TWN/RNG/MER:SEC 06 TWN 17 RNG 33
Tax Annual Amount 889
Legal Description LOT:8,N/29 BLK:13 DIST:03 CITY/MUNI/TWP:SILOAM SPRINGS SUBD:CRANES ADD-SILOAM SPRINGS SEC/TWN/RNG/MER:SEC 06 TWN 17 RNG 33
Listing Agency: Realty Mart
Listed By: Christopher Taylor · License AR EB00090812
Added: May 14 Changed: Oct 19 Last Checked: Nov 12 at 6:06AM
MLS# 1347551

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,184-square-foot mixed-use building combines a front retail area with living quarters at the rear. The rear portion was previously used as an apartment, creating a distinct residential component within the property. A new roof is among the recent building improvements.

The property occupies 0.21 acres at 712 Mount Olive Street in Siloam Springs, Arkansas. It is currently operated as a seasonal retail and resale shop, with prior commercial uses including a pawn shop and a specialty metal detector outlet. The building’s street-facing setting supports its existing retail configuration.

Key Highlights

  • 2,184‑square‑foot mixed‑use building
  • 0.21‑acre property at 712 Mount Olive Street
  • Front retail and resale area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,201
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,020 $304.0K
Cap Rate 7%
$217,157 $217.2K
Cap Rate 9%
$168,900 $168.9K
Market Conditions
NOI Build-Up for 2,184 SF
Gross rent
$26.2K $12.00/SF
− Vacancy
−$1.9K −$0.86/SF
EGI
$24.3K $11.14/SF
− OpEx
−$9.1K −$4.18/SF
NOI
$15.2K $6.96/SF
Area
Benton County, AR
Vacancy
7.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$304,020
Cap Rate 7%
$217,157
Cap Rate 9%
$168,900

Alternative Uses

Best Use
Retail
$354.9K
$310.6K – $414.1K (±1% cap)
NOI $24,845 @ 7.0% cap · market cap 9.98%
Second Best
Mixed Use
$217.2K
$190.0K – $253.4K (±1% cap)
NOI $15,201 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$600.2K
$525.2K – $700.2K (±1% cap)
NOI $42,012 @ 7.0% cap · market cap 16.87%
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

Storefront properties

Suggested Use

Top Pick Kitchen & Bath Showroom Furniture & Home Goods Dental Office Locksmith (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

843
Businesses Nearby

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Front retail space is paired with rear living quarters and a recently installed roof.
Where is this mixed-use property located?
The property is located at 712 Mount Olive Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 2,184‑square‑foot mixed‑use building; 0.21‑acre property at 712 Mount Olive Street; Front retail and resale area
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Includes: Price & PSF · Cap rate · Location · Zoning

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