Property profile

500 Mt Olive St Siloam Springs, AR 72761

OFF-MARKET
Medical Office Space
Property ID
US05-0852795
20,484 SF 0.93 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Benton County property at 500 S Mt Olive St, Siloam Springs, AR 72761, offers a unique opportunity for businesses seeking versatile office space. The building features two available suites, ranging from 1,629 to 2,710 contiguous square feet, totaling 4,339 square feet of vacant space. The property is classified as a Medical Office, Traditional Office, Executive Office, and Creative Office, making it suitable for a variety of professional uses. Each suite boasts modern interior finishes, including private restrooms and kitchenettes, ensuring comfort and convenience for occupants. The building's strategic location in Siloam Springs provides easy access to a wealth of local amenities. A convenient patient drop-off area is available, and the property offers the potential for prominent pylon signage, enhancing visibility and brand recognition. The building's multiple tenancy structure allows for flexibility in lease terms and space requirements. This is an ideal location for businesses seeking a modern, well-appointed space in a thriving Arkansas community. The property is situated near the historic downtown area, offering easy access to local businesses and attractions.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Total area 20,484 SF
Lot 0.93 ac (40,511 SF)
APN 03-01779-000
UPID US05-0852795

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
  • Telecommunications Service General Contractor
  • Physician
  • Alternative Medicine Practice
  • Pediatrician Physician
  • Medical Clinic

Location

500 Mt Olive St Siloam Springs, AR 72761-3602
Siloam Springs metro Census 21202 FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.94M
Blend (final) Blend
$565k

Owner & transaction history

6 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
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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