Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1993 Us-412 Siloam Springs, AR 72761
    Back to Search
    Property profile & analytics

    1993 Us-412 Siloam Springs, AR 72761

    View on Map
    • Office Spaces
    • 6,408 SF
    • 1.16 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 1993 Us-412

    Year built
    2024
    Lot size
    1.16 lot acres
    Property size
    6,408 SF
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional investment opportunity presents a brand-new, 6,408-square-foot medical office building in Siloam Springs, Arkansas. Located at 1993 US-412, this fee-simple property sits on a 1.16-acre lot and boasts a 20-year triple-net (NNN) lease with Parachute Plasma, a corporate-guaranteed tenant with 19+ locations. The lease commenced upon closing and features a strong annual net operating income (NOI) of $393,970, representing a 7.50% capitalization rate. The asking price is $5,252,928, translating to $819.75 per square foot. Built in 2024, the property benefits from a long-term lease providing financial stability. Crucially, the lease includes annual rent increases of 2% starting in year six, ensuring consistent growth in rental income. This presents a compelling opportunity for investors seeking a secure, high-return investment in a rapidly growing market. The property's prime location and strong tenant covenant make it an attractive addition to any portfolio. The building's modern design and efficient layout cater to the specific needs of a medical office setting. This is a rare chance to acquire a high-quality, net-leased medical office property with significant long-term potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Siloam Springs
    County
    Benton
    State
    Arkansas
    Longitude
    -94.5208
    Latitude
    36.1764

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      Simon Sager Ave

      Restaurants • 1.00 Acre
      0 Simon Sager Ave, Siloam Springs, AR 72761
      View Details
    • Value Estimation by Request
      2,224 SF

      451 Holly St

      MEDICAL BUILDING • 2,224 SF
      451 Holly St, Siloam Springs, AR 72761-3018
      View Details
    • Value Estimation by Request
      2,464 SF

      2033 Ravenwood Pl

      MEDICAL BUILDING • 2,464 SF
      2033 Ravenwood Pl, Siloam Springs, AR 72761-5573
      View Details
    • Value Estimation
      $1,815,000
      20,484 SF

      500 Mt Olive St

      MEDICAL BUILDING • 20,484 SF
      500 Mt Olive St, Siloam Springs, AR 72761-3602
      View Details
    • Value Estimation by Request
      3,579 SF

      460 Holly St

      MEDICAL BUILDING • 3,579 SF
      460 Holly St, Siloam Springs, AR 72761-3018
      View Details
    • Value Estimation
      $1,590,000
      14,540 SF

      451 Holly St

      MEDICAL BUILDING • 14,540 SF
      451 Holly St, Siloam Springs, AR 72761-3018
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,408 SF

      Siloam Springs NNN Investment Opportunity

      20-year NNN lease with attractive rental increases in Siloam Springs.
      1995 Highway 412 E, Siloam Springs, AR 72761
      View Details
    • $735,000
      1.47 Acres

      Development-Ready Site on Highway 412

      Turn-key commercial site with high traffic exposure.
      412 E Kenwood St, Siloam Springs, AR 72761
      View Details
    • $735,000
      8,252 SF

      Development-Ready Site on Highway 412

      Turn-key site with city-approved plans and high traffic exposure.
      E Kenwood St, Siloam Springs, AR 72761
      View Details
    • $3,397,600
      33,976 SF

      Historic Downtown Siloam Springs Building

      Versatile building in Siloam Springs' historic downtown.
      305 E Main St, Siloam Springs, AR 72761
      View Details
    • $979,000
      5,600 SF

      Downtown Siloam Springs Office Buildings

      Two well-maintained buildings with recent upgrades and tenant leases.
      101-103 N Broadway St, Siloam Springs, AR 72761
      View Details
    • $1,300,000
      14,632 SF

      Mixed-Use Building in Downtown

      Mixed-use property with retail, office, and residential spaces.
      116 Broadway St, Siloam Springs, AR 72761
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr

      Siloam Springs Commercial Building For Rent

      Commercial building with dock doors, office space, and covered area.
      501 N Lincoln St, Siloam Springs, AR 72761
      View Details
    • Contact for pricing

      Siloam Springs Office Space Available

      Office spaces available, ranging from 3,327 to 5,796 square feet.
      603 N Progress Ave, Siloam Springs, AR 72761
      View Details
    • $12 SF/Yr
      1,850 SF

      Siloam Springs Retail/Office Space

      Retail/office space with high visibility and accessibility on US-412.
      1245 Us-412 Hwy, Siloam Springs, AR 72761
      View Details
    • $11 SF/Yr
      2,100 SF

      Siloam Springs Commercial Space

      Versatile commercial space in established Siloam Springs corridor.
      1706 Southpointe, Siloam Springs, AR 72761
      View Details
    • $9 SF/Yr
      3,250 SF

      Siloam Springs Retail/Office Space

      Versatile 3,250 SF space in Highland Park Shopping Center.
      1011 Mount Olive St S, Siloam Springs, AR 72761
      View Details
    • New
      $21 SF/Yr
      400 SF

      Modern Office Space in Siloam

      New 400 SF office space with private restroom.
      1100 E Kenwood St, Siloam Springs, AR 72761
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1993 Us-412
    Siloam Springs, AR 72761
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1993 Us-412, Siloam Springs, AR, 72761
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!