Retail Space with
828 S Mount Olive Street, Siloam Springs, AR 72761
For Sale
$430,000
Commercial zoning, upgraded building systems, and an outdoor yard area create a flexible retail property.
Property Size2,500 SF
Price / SF$172
Days on Market65
Property Features for 828 S Mount Olive Street
General Information
Standard status
Size
Listing Agency:
Twin Oaks Realty, Inc
(479) 824-4434
Listed By:
Joe Barnett · License #SA00094273
(479) 549-8210
Source:
Connectrealtynwa
Added: Sep 4
Changed: Oct 26
Last Checked: Nov 6 at 8:47AM
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
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Investment Insights
Based on property information with market context.
This 2,500-square-foot retail property includes a building with commercial zoning and an accompanying yard. Recent improvements include a new AC system, split units serving the finished former garage area, a replacement roof, and new siding. New flooring has been installed across part of the building, with additional flooring work underway.
Located at 828 S Mount Olive Street in Siloam Springs, Arkansas, the property offers a practical building-and-yard configuration for retail occupancy or another commercial use. The washer and dryer are excluded from the sale.
Located at 828 S Mount Olive Street in Siloam Springs, Arkansas, the property offers a practical building-and-yard configuration for retail occupancy or another commercial use. The washer and dryer are excluded from the sale.
Key Highlights
- 2,500‑square‑foot retail property
- Commercial zoning
- Outdoor yard area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,440
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,800
$568.8K
Cap Rate 7%
$406,286
$406.3K
Cap Rate 9%
$316,000
$316.0K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$43.5K $17.40/SF
− Vacancy
−$2.9K −$1.15/SF
EGI
$40.6K $16.25/SF
− OpEx
−$12.2K −$4.88/SF
NOI
$28.4K $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%
$568,800
Cap Rate 7%
$406,286
Cap Rate 9%
$316,000
Alternative Uses
Best Use
Retail
$406.3K
$355.5K – $474.0K
NOI $28,440 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$687.0K
$601.1K – $801.5K
NOI $48,091 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
709
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 Retail space in Benton County, AR
Properties on Market for Retail space in Benton County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial zoning, upgraded building systems, and an outdoor yard area create a flexible retail property.
Where is this retail space 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 $430,000.
What are key features of this property?
This property features: 2,500‑square‑foot retail property; Commercial zoning; Outdoor yard area
