500 Mt Olive St Siloam Springs, AR 72761-3602
- Medical offices
- 20,484 SF
- 0.93 lot acres
Current Use by Public Records
- Windstream Communications / Telecommunications Contractor
- Denise Degraff, OT / Occupational Therapist
- Divine Health / Vitamin & Supplements Store / Naturopathic Practitioner
- Kelsey Camp, APRN / Family Practice Physician
- Comm Physician Gr / Medical Clinic
Property Details for 500 Mt Olive St
- Lot size
- 0.93 lot acres
- Property size
- 20,484 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 03-01779-000
- APU
- 301779000
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $540,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $740,000
- 6.5%
- $760,000
- 7%
- $740,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $700,000
- Geo Method
- $605,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $630,000
- Retail
- $695,000
- Mixed-Use
- $655,000
- Hospitality
- $745,000
- Educational
- $675,000
- Residential Income
- $830,000
- Energy
- $830,000
- Income-Based Land
- $825,000
- Food Service
- $795,000
Location Insight
- Map
- Local Demand
- City
- Siloam Springs
- County
- Benton
- State
- Arkansas
- Longitude
- -94.5419
- Latitude
- 36.1811
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
