116 Broadway St Siloam Springs, AR 72761-3154
- High-rise multifamily apartments
- 9,328 SF
- 0.11 lot acres
Current Use by Public Records
- Miller, Butler, Schneider, Pawlik & Rozzell, PLLC / Law Firm
- Houston Enzymes / Vitamin & Supplements Store
- The Shop / Beauty Salon / Nail Salon
- BeYOUtiful Hair by B / Beauty Salon / Hairdresser
- Southern Grace Shoppe / Gift Shop / Boutique
Property Details for 116 Broadway St
- Lot size
- 0.11 lot acres
- Property size
- 9,328 SF
- Property type
- High-rise multifamily apartments
- APN
- 03-00769-000
- APU
- 300769000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $340,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $410,000
- Mixed-Use
- $345,000
- Hospitality
- $380,000
- Educational
- $365,000
- Residential Income
- $335,000
- Energy
- $370,000
- Income-Based Land
- $370,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Siloam Springs
- County
- Benton
- State
- Arkansas
- Longitude
- -94.541
- Latitude
- 36.1856
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA