Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1500 Cheri Whitlock Dr Siloam Springs, AR 72761-9100

    • Day care centers
    • 12,624 SF
    • 5.00 lot acres
    OFF-MARKET
    Last Sale
    Jul 17, 2023
    Value Estimations
    $1,140,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0331288
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Friendship Pediatric Services / Charitable Organization / Social Service Agency
    • Friendship Pediatric Services Siloam Springs / Daycare Center

    Property Details for 1500 Cheri Whitlock Dr

    Lot size
    5.00 lot acres
    Property size
    12,624 SF
    Property type
    Day care centers
    APN
    03-00504-002
    APU
    300504002

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,137,000
      Market price range: $621k - $1.59M

    • Alternative Use

      Use
      Estimation
      COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
      $1,140,000
      Current use
      RESTAURANT
      $1,555,000
      Change: +37% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,385,000
      Change: +22% Conversion: Difficult
      OFFICE BUILDING
      $1,360,000
      Change: +20% Conversion: Difficult
      RETAIL STORES
      $1,295,000
      Change: +14% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,280,000
      Change: +13% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,170,000
      Change: +3% Conversion: Difficult
      MEDICAL BUILDING
      $1,070,000
      Change: -6% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Siloam Springs
    County
    Benton
    State
    Arkansas
    Longitude
    -94.5259
    Latitude
    36.1946
    CBSA code
    22220
    CBSA name
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,702 SF

      1300 Patriot

      DAY CARE, PRE-SCHOOL • 4,702 SF
      1300 Patriot, Siloam Springs, AR 72761-2103
      View Details
    • Value Estimation by Request
      1,680 SF

      2124 University St

      DAY CARE, PRE-SCHOOL • 1,680 SF
      2124 University St, Siloam Springs, AR 72761-2115
      View Details
    • Value Estimation
      $1,245,000
      13,832 SF

      655 Heritage Ct

      DAY CARE, PRE-SCHOOL • 13,832 SF
      655 Heritage Ct, Siloam Springs, AR 72761-3912
      View Details
    • Value Estimation by Request
      2,016 SF

      475 Tulsa St

      DAY CARE, PRE-SCHOOL • 2,016 SF
      475 Tulsa St, Siloam Springs, AR 72761-4059
      View Details
    • Value Estimation by Request
      3,633 SF

      918 Mt Olive St

      DAY CARE, PRE-SCHOOL • 3,633 SF
      918 Mt Olive St, Siloam Springs, AR 72761-4220
      View Details
    • Value Estimation by Request
      4,286 SF

      1953 Carl St

      DAY CARE, PRE-SCHOOL • 4,286 SF
      1953 Carl St, Siloam Springs, AR 72761-2114
      View Details

    Similar Nearby for Sale

    • $1,400,000
      1.77 Acres

      Siloam Springs Restaurant Opportunity

      Restaurant property with excellent frontage and visibility on US Hwy 412.
      Us Hwy 412 E, Siloam Springs, AR 72761
      View Details
    • 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
    • Contact for pricing

      New Retail Ground Lease Opportunity

      New construction retail property on major retail corridor for sale.
      3868 Highway 412 E, Siloam Springs, AR 72761
      View Details
    • $795,000
      3,762 SF

      Restaurant on Highway 412

      3,762 SF restaurant on 1.87 AC with highway frontage.
      1400 Highway 412 W, Siloam Springs, AR 72761
      View Details
    • $825,000
      0.44 Acres

      Commercial Land in Siloam Springs

      Commercial land suitable for building and growing your business.
      400 N Progress Ave, Siloam Springs, AR 72761
      View Details
    • $320,000
      5.00 Acres

      Siloam Springs Land Opportunity

      5-acre lot for ranchette, horses, or shop in Siloam Springs.
      Tbd Pepper Hl Dr, Siloam Springs, AR 72761
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr

      Retail Space Near Walmart

      Prime retail leasing opportunity with high visibility and ample parking.
      3200 Highway 412 E, Siloam Springs, AR 72761
      View Details
    • Contact for pricing

      Siloam Springs Land for Sale

      Cleared land with railroad access, ready for development.
      Britt St, Siloam Springs, AR 72761
      View Details
    • $0.13 SF/Yr
      1,050 SF

      Siloam Springs Office Space - Hwy 412

      High-traffic location, 1,050 sq ft office.
      1270 Highway 412, Siloam Springs, AR 72761
      View Details
    • $8 SF/Yr
      14,682 SF

      Siloam Springs Warehouse For Lease

      14,682 SF Warehouse, Excellent Location
      1201 Lake Francis Dr, Siloam Springs, AR 72761
      View Details
    • Contact for pricing

      Siloam Springs Duplex with Yard

      Spacious 3 bed, 2 bath duplex with fenced backyard.
      607 W Weymouth Ct, Siloam Springs, AR 72761
      View Details
    • Contact for pricing

      Siloam Springs Land for Sale

      Cleared land with railroad access, ready for development.
      Britt 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.
    1500 Cheri Whitlock Dr
    Siloam Springs, AR 72761-9100
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!