Two-Building Mixed-Use
New
For Sale
$799,000
91 N Broadview, Greenbrier, AR 72058
Two separate buildings offer distinct commercial spaces for businesses with different operational needs.
Property Size5,310 SF
Price / SF$150.47
Days on Market2
Property Features for 91 N Broadview
General Information
Standard status
Active
Size
5,310 SF
Property subtype
Land
Building Details
Year Built
1996
Buildings
2
Listing Agency:
Lake Hamilton Realty, Inc
Listed By:
Amber Wood
(501) 444-2055
Source:
Midsouthar
Added: Sep 14
Last Checked: Sep 15 at 6:41AM
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 Lake Hamilton Realty, Inc
Investment Insights
Based on property information with market context.
This mixed-use property includes two freestanding buildings constructed in 1996. One building is arranged with two separate business locations, while the larger building contains 4,256 square feet. Together, the improvements provide multiple commercial spaces within one property and support a range of business configurations without combining the buildings into a single floor plan.
The property is located at 91 N Broadview in Greenbrier, Arkansas, on the west side near Hwy 65. Its position along the highway provides a recognizable commercial setting for businesses seeking a location with direct highway-area presence.
The property is located at 91 N Broadview in Greenbrier, Arkansas, on the west side near Hwy 65. Its position along the highway provides a recognizable commercial setting for businesses seeking a location with direct highway-area presence.
Key Highlights
- Two separate buildings on one property
- Larger building contains 4256 square feet
- One building includes 2 separate business locations
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
$52,354
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
6.55%
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%
$1,047,080
$1.0M
Cap Rate 7%
$747,914
$747.9K
Cap Rate 9%
$581,711
$581.7K
Market Conditions
NOI Build-Up for 5,310 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
$79.7K $15.00/SF
− Vacancy
−$4.9K −$0.92/SF
EGI
$74.8K $14.09/SF
− OpEx
−$22.4K −$4.23/SF
NOI
$52.4K $9.86/SF
Area
Faulkner County, AR
Vacancy
6.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,047,080
Cap Rate 7%
$747,914
Cap Rate 9%
$581,711
Alternative Uses
Best Use
Retail
$747.9K
$654.4K – $872.6K
NOI $52,354 @ 7.0% cap · market cap 6.55%
Second Best
Mixed Use
$569.5K
$498.3K – $664.4K
NOI $39,865 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,781 @ 7.0% cap · market cap 10.61%
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
289
Businesses Nearby
120k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Groceries 28%
Shops & Services 27%
Electronics 3%
Walmart Neighborhood Market
Groceries
33,393 visits/mo
0.1 miles
McDonald's
Dining
22,098 visits/mo
0.3 miles
SONIC Drive In
Dining
17,871 visits/mo
0.3 miles
Dollar General
Shops & Services
9,635 visits/mo
0.2 miles
Dollar Tree
Shops & Services
9,051 visits/mo
0.2 miles
Demographics for 72058, AR
18,525
Population
7,143
Households
2.6
Avg Household Size
37
Median Age
28%
College-Educated
96%
High-School Grad
157.3 sq mi
ZIP Area
118
Density / Sq Mi
$80,406
Median Household Income
$48,578
Median Earnings
$1,027
Median Rent
$203,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two separate buildings offer distinct commercial spaces for businesses with different operational needs.
Where is this mixed-use property located?
The property is located at 91 N Broadview Greenbrier, AR.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two separate buildings on one property; Larger building contains 4256 square feet; One building includes 2 separate business locations
