Two-Building Mixed-Use
New
For Sale
$799,000
91 N Broadview, Greenbrier, AR 72058
Commercial / Industrial, Greenbrier, AR
Property Size5,310 SF
Lot Size0.64 Acres
Price / SF$150.47
Days on Market3
Property Features for 91 N Broadview
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
35
Directions
North on Hwy 65 from Conway and property is 3/4 way into Greenbrier on the left.
Subdivision
GREENBRIER SCHOOL DISTRICT
Standard status
Active
Size
5,310 SF
Lot size
0.64 Acres
Taxes and HOA fees
Tax Description
see deed in documents
Tax Annual Amount
3657
Legal Description
see deed in documents
Building Details
Year built
1996
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Moore and Company Realtors - Conway
(501) 358-6762
Listed By:
Mike Argo
(501) 428-4494
Added: Sep 12
Changed: Sep 13
Last Checked: Sep 14 at 8:06AM
MLS# 26037348
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 mixed-use property comprises two separate buildings totaling 5,310 square feet on 0.64 acres. The larger structure contains 4,256 square feet, while the second building is arranged with two distinct business areas. Concrete flooring and metal roofing are among the existing building features, and the improvements date to 1996.
The property is located at 91 N Broadview in Greenbrier, Arkansas, on the west side near Hwy 65. Its two-building configuration provides separate areas for business operations within one commercial property.
The property is located at 91 N Broadview in Greenbrier, Arkansas, on the west side near Hwy 65. Its two-building configuration provides separate areas for business operations within one commercial property.
Key Highlights
- Two separate buildings totaling 5,310 square feet
- Larger building contains 4,256 square feet
- Second building includes 2 separate business areas
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
$39,865
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
4.99%
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%
$797,300
$797.3K
Cap Rate 7%
$569,500
$569.5K
Cap Rate 9%
$442,944
$442.9K
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
$70.1K $13.20/SF
− Vacancy
−$6.3K −$1.19/SF
EGI
$63.8K $12.01/SF
− OpEx
−$23.9K −$4.50/SF
NOI
$39.9K $7.51/SF
Area
Faulkner County, AR
Vacancy
9.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
37.50%
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%
$797,300
Cap Rate 7%
$569,500
Cap Rate 9%
$442,944
Alternative Uses
Best Use
Mixed Use
$569.5K
$498.3K – $664.4K
NOI $39,865 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes a larger building and a second structure with two separate business areas.
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 totaling 5,310 square feet; Larger building contains 4,256 square feet; Second building includes 2 separate business areas
