Medical Office Property with Exam
For Sale
$900,000
816 S Mount Olive St, Siloam Springs, AR 72761
COMMERCIAL - Siloam Springs, AR
Property Size2,400 SF
Lot Size0.15 Acres
Price / SF$375
Days on Market64
Property Features for 816 S Mount Olive St
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
W HWY 412 - Right on Mt Olive - .4 miles - Property on Left
Standard status
Active
APN
03-01547-000
Size
2,400 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
4012
Building Details
Building materials
Brick
Roof type
Metal
Listing Agency:
Crye Leike Realtors
(479) 736-1353
Listed By:
Delton Williams · License #PB00054955
(479) 736-1353
Added: Jun 30
Changed: Aug 4
Last Checked: Sep 1 at 12:06AM
MLS# 11871234
Copyright © 2026 My State MLS. 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 remodeled medical office property is move-in ready and was formerly operated as a dental office. The interior layout includes five exam or treatment rooms, a dedicated X-ray station, a reception and waiting area, a break room, and a utility room, providing a functional plan for patient-facing operations.
The property is located on S Mount Olive St in Siloam Springs, AR, on a high-visibility road with frontage for client access. Ample on-site parking is provided to support convenient arrival.
With its medical-focused room count and supporting back-of-house spaces, the building is set up for continued professional healthcare use, including dental or medical office operations.
The property is located on S Mount Olive St in Siloam Springs, AR, on a high-visibility road with frontage for client access. Ample on-site parking is provided to support convenient arrival.
With its medical-focused room count and supporting back-of-house spaces, the building is set up for continued professional healthcare use, including dental or medical office operations.
Key Highlights
- Former dental office with a remodeled interior designed for medical, dental, or professional healthcare use
- Floor plan includes five exam or treatment rooms plus a dedicated X‑ray station
- Includes spacious reception and waiting area, break room, and utility room
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
$37,243
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
4.14%
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%
$744,860
$744.9K
Cap Rate 7%
$532,043
$532.0K
Cap Rate 9%
$413,811
$413.8K
Market Conditions
NOI Build-Up for 2,400 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
$53.3K $22.20/SF
− Vacancy
−$3.6K −$1.51/SF
EGI
$49.7K $20.69/SF
− OpEx
−$12.4K −$5.17/SF
NOI
$37.2K $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 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%
$744,860
Cap Rate 7%
$532,043
Cap Rate 9%
$413,811
Alternative Uses
Best Use
Office B
$532.0K
$465.5K – $620.7K
NOI $37,243 @ 7.0% cap · market cap 4.14%
Second Best
Healthcare Medical
$415.0K
$363.1K – $484.2K
NOI $29,051 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$659.5K
$577.1K – $769.5K
NOI $46,168 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Remodeled office suite designed for medical use, offering five exam or treatment rooms plus reception and waiting space.
Where is this medical office space located?
The property is located at 816 S Mount Olive St Siloam Springs, AR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Former dental office with a remodeled interior designed for medical, dental, or professional healthcare use; Floor plan includes five exam or treatment rooms plus a dedicated X‑ray station; Includes spacious reception and waiting area, break room, and utility room
