Storefront Retail Building With
For Sale
$430,000
828 S Mount Olive Street, Siloam Springs, AR 72761
CommercialSale, Siloam Springs, AR
Property Size2,500 SF
Lot Size0.30 Acres
Price / SF$172
Days on Market127
Property Features for 828 S Mount Olive Street
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
City Lot
Directions
from hwy 412 turn North on Mt Olive St go .3 miles location on left
Standard status
Active
APN
03-01551-000
Size
2,500 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Description
will updated with correct legal
Legal Description
will updated with correct legal
Listing Agency:
Twin Oaks Realty, Inc
(479) 824-4434
Listed By:
Joe Barnett · License #SA00094273
(479) 549-8210
Added: Jun 4
Changed: Aug 31
Last Checked: Oct 8 at 2:06AM
MLS# 1351126
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.
Investment Insights
Based on property information with market context.
This 2,500-square-foot storefront property sits on a 0.3-acre parcel and includes a yard alongside the building. The property is zoned commercial and has been used in planning for dog-grooming operations, while the building may accommodate other commercial uses. The business name is not included in the sale.
Recent improvements include a new AC system, split units serving the finished former garage area, a new roof, and new siding. Flooring installation has begun across approximately half of the building. A washer and dryer are excluded from the sale. The property is located at 828 S Mount Olive Street in Siloam Springs, Arkansas.
Recent improvements include a new AC system, split units serving the finished former garage area, a new roof, and new siding. Flooring installation has begun across approximately half of the building. A washer and dryer are excluded from the sale. The property is located at 828 S Mount Olive Street in Siloam Springs, Arkansas.
Key Highlights
- 2,500‑square‑foot storefront building on a 0.3‑acre parcel
- Commercial zoning with an on‑site yard
- New AC system and split units in the finished former garage
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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Under-served
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Brooke's Flowers & Gifts — 321 W Tulsa St A, Siloam Springs, AR 72761
Frequently Asked Questions
What type of property is this?
Storefront property - Commercially zoned storefront with a yard and updated roof, siding, and air-conditioning systems.
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 $430,000.
What are key features of this property?
This property features: 2,500‑square‑foot storefront building on a 0.3‑acre parcel; Commercial zoning with an on‑site yard; New AC system and split units in the finished former garage
