711 Mt Olive St Siloam Springs, AR 72761-3645
- Office buildings
- 408 SF
Current Use by Public Records
- Massage Works / Massage Therapist
- Shelter Insurance - April Rich / Insurance Company / Life Insurance Agency
- Shelter Insurance - David Pegg / Insurance Agency / Auto Insurance Agency
- Shelter Insurance - Maria Navarrete-Colins / Insurance Agency / Auto Insurance Agency
- Shelter Insurance - Corey Smith / Insurance Agency / Auto Insurance Agency
Property Details for 711 Mt Olive St
- Property size
- 408 SF
- Property type
- Office buildings
- APN
- 03-02215-003
- APU
- 302215003
Description
This exceptional investment opportunity presents a fully leased, 1,625-square-foot Class B office building situated at 711 S Mt. Olive St in Siloam Springs, Arkansas. The property, encompassing a 0.17-acre lot, features two suites currently occupied by long-term tenants under a modified gross lease. The building boasts expansive windows providing ample natural light, welcoming reception areas, generously sized offices, and three restrooms, one equipped with a shower. With six parking spaces available, this single-story building offers convenient access for tenants and visitors. Located on Mt. Olive Street, experiencing approximately 5,600 vehicles per day, and just half a mile from Highway 412, this property benefits from excellent visibility and convenient access to the broader Northwest Arkansas region. The asking price is $380,000, translating to $233.85 per square foot. The property's zoning is commercial, and its APN is 03-02215-002. This presents a strong value-add opportunity with potential for increased return through lease restructuring to a net-net-net (NNN) arrangement. The property's strong tenancy and prime location make it an attractive investment for discerning buyers seeking a stable, income-generating asset in a thriving market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $305,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Siloam Springs
- County
- Benton
- State
- Arkansas
- Longitude
- -94.541
- Latitude
- 36.1787
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA