Property profile

116 Broadway St Siloam Springs, AR 72761

OFF-MARKET
High-rise multifamily apartments
Property ID
US05-2334715
9,328 SF 0.11 ac lot
Entity Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 630-square-foot retail space, located at 116 1/2 S Broadway St in Siloam Springs, Arkansas (zip code 72761), presents a unique opportunity for businesses seeking a vibrant downtown location. The property is classified as a single-tenant traditional office space within Benton County. The space features attractive high vaulted ceilings and expansive storefront windows, ensuring maximum visibility and attracting significant foot traffic. Inside, you'll find a well-designed layout including a spacious reception area, ideal for client interaction, a semi-private office perfect for focused work, dedicated storage for efficient organization, and a private restroom for added convenience. This property is situated in the heart of historic downtown Siloam Springs, a bustling area known for its high traffic volume and thriving business community. The address is easily accessible and benefits from the high visibility and foot traffic associated with its central location. This space is perfect for a variety of businesses looking to establish a presence in a desirable and thriving Arkansas community. The property is currently vacant and ready for immediate occupancy. Don't miss this chance to secure a prime retail location in one of Siloam Springs' most sought-after areas.

Property profile

Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Total area 9,328 SF
Lot 0.11 ac (4,792 SF)
APN 03-00769-000
UPID US05-2334715

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Hair Salon Nail Salon
  • Hair Salon Nail Salon
  • (Bike/Boat/Book/etc) Store

Location

116 Broadway St Siloam Springs, AR 72761-3154
Siloam Springs metro Census 21101 FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.17M
Comparable Approach Comparable
$698k
Blend (final) Blend
$350k

Owner & transaction history

since 2007
5 recorded transactions
2008
Price N/A
2007
$295,000
2007
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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