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Medical Office with Exam Rooms

816 S Mount Olive St Siloam Springs, AR 72761

816 S Mount Olive St, Siloam Springs, AR, 72761
$1,100,000
For Sale
$1,100,000

COMMERCIAL - Siloam Springs, AR

Property Size2,400 SF
Lot Size0.15 Acres
Price / SF$458.33
Days on Market18

Property Features for 816 S Mount Olive St

General Information

Property type
Commercial Sale
Property subtype
Other
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
PO Box 128 217 S Gentry BLVD, Gentry, AR
Listed by Delton Williams · License #PB00054955
Added: Jun 30 Checked: Jul 17 at 3:06 pm
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 was formerly operated as a dental office and is ready for professional use. 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.

The property is located at 816 S Mount Olive St in Siloam Springs, AR, on a high-visibility road with frontage for convenient client access. Ample on-site parking is available.

With its mix of private treatment space and centralized reception, the building supports efficient day-to-day operations for a practice that needs multiple rooms and an X-ray work area.

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

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $53.3k $22.20
− Vacancy −$3.6k −$1.51
EGI $49.7k $20.69
− OpEx −$12.4k −$5.17
NOI $37.2k $15.52
2,400 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$532.0K
$465.5K – $620.7K (±1% cap)
NOI $37,243 @ 7.0% cap · market cap 3.39%
Second Best
Healthcare Medical
$415.0K
$363.1K – $484.2K (±1% cap)
NOI $29,051 @ 7.0% cap · market cap 2.64%
Theoretical Best
Office A
$659.5K
$577.1K – $769.5K (±1% cap)
NOI $46,168 @ 7.0% cap · market cap 4.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Shelter Insurance Insurance Agency Riza Health & Wellness Alternative Medicine Practice

Suggested Use

Dental Office Kitchen & Bath Showroom Law Firm Big Box & Wholesale Store Furniture & Home Goods Storage Facility Real Estate Agency Grocery & Convenience Store Accounting Firm Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • All Creatures Veterinary Clinic — 512 S Mt Olive St, Siloam Springs, AR 72761
  • Richard Mccarver — 504 W Tulsa St, Siloam Springs, AR 72761
  • Siloam Springs Veterinary Clinic — 504 W Tulsa St, Siloam Springs, AR 72761

FAQs

What type of property is this?
Medical Office Space - Remodeled medical/dental office offering five treatment rooms, dedicated X-ray station, and ample on-site parking.
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 $1,100,000.
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
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