Retail Building with
828 S Mount Olive Street Siloam Springs, AR 72761
828 S Mount Olive Street, Siloam Springs, AR, 72761
$450,000
For Sale
$450,000
Commercially zoned storefront building with a yard and recent upgrades including new AC, roof, and siding.
Property Size2,500 SF
Price / SF$180
Days on Market47
Property Features for 828 S Mount Olive Street
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Commercial/Industrial
Listing agency
Twin Oaks Realty, Inc
(479) 549-8210
Listed by
Joe Barnett · License #SA00094273
(479) 549-8210
Source
Exitrealty
Added: Jun 7 Updated: Jul 22 at 1:07AM Checked: Jul 22 at 9:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Twin Oaks Realty, Inc
Investment Insights
Based on property information with market context.
This retail-style storefront property offers a commercially zoned setting with an included yard. Recent improvements include new AC with split units installed in the finished old garage, along with new roof and siding. New flooring has been started in half of the building, and the washer and dryer are not included.
The property is located at 828 S Mount Olive Street in Siloam Springs, AR 72761. While it can be considered for dog grooming use, the building may also be adaptable for other commercial options based on the existing zoning and configuration.
Prospective buyers should review the current build-out status, including that flooring work is incomplete in part of the space and that certain appliances do not convey with the sale.
The property is located at 828 S Mount Olive Street in Siloam Springs, AR 72761. While it can be considered for dog grooming use, the building may also be adaptable for other commercial options based on the existing zoning and configuration.
Prospective buyers should review the current build-out status, including that flooring work is incomplete in part of the space and that certain appliances do not convey with the sale.
Key Highlights
- Commercially zoned storefront building with a yard
- Recent upgrades include new AC, roof, and siding
- Split units installed in the finished old garage
Local Financial Insights For Retail
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 | $43.5k | $17.40 |
| − Vacancy | −$2.9k | −$1.15 |
| EGI | $40.6k | $16.25 |
| − OpEx | −$12.2k | −$4.88 |
| NOI | $28.4k | $11.38 |
2,500 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$406.3K
$355.5K – $474.0K
NOI $28,440 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$687.0K
$601.1K – $801.5K
NOI $48,091 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Pink Poodle
Pet Grooming Service
Similar For Sale Nearby
Similar Off Market Nearby
- Brooke's Flowers & Gifts — 321 W Tulsa St A, Siloam Springs, AR 72761
FAQs
What type of property is this?
Storefront property - Commercially zoned storefront building with a yard and recent upgrades including new AC, roof, and siding.
Where is this storefront property located?
The property is located at 828 S Mount Olive Street Siloam Springs, AR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Commercially zoned storefront building with a yard; Recent upgrades include new AC, roof, and siding; Split units installed in the finished old garage
