Heavy Chevy 2 Industrial Properties Offered at $2,022,046 CAD in Siloam Springs, AR

Income-Producing Mixed-Use Investment | 7.85± Acres | No Deed Restrictions
Rare opportunity to acquire an income-producing, value-add mixed-use property situated on approximately 7.85± unrestricted acres along Heavy Chevy Road in Siloam Springs, Arkansas. Located outside city limits with no deed restrictions, the property offers exceptional flexibility for continued operations or future redevelopment.
The property features a diverse mix of commercial and residential improvements including a 4,960± sq ft service/repair garage, transmission shop, additional automotive and utility buildings, warehouse/storage structures, a barnominium, detached garages, a two-bedroom apartment, single-family residence, mobile homes, storage trailers, and auxiliary buildings. Existing uses include automotive service operations, residential rentals, storage, and salvage/junk yard activity.
The asset currently generates approximately $97,000 in annual gross income, with rental income below market and most units occupied. One mobile home is vacant due to suspected mold, another requires repairs, and the apartment is nearing occupancy—providing clear value-add potential through rehabilitation, lease-up, and operational improvements.
The current buildings include:
17443 Heavy Chevy Road which is a 1500 sf 1 bedroom, 1 bathroom Barnomium which is currently rented.
17445 Heavy Chevy Road which is a 6380 sf building with 5604 sf in the automotive shop which is currently rented and a 876 fsf 2 bedroom, 1 bathroom apartment prepping for new tenants.
17449 Heavy Chevy Road which is a 896 fsf 2 bedroom, 1 bathroom mobile home which is currently rented.
17226 Heavy Chevy Road which is a 2432 fsf 4 bedroom, 3 bathroom mobile home with suspected mold which is not rented.
17262 Heavy Chevy Road which is a 1960 fsf 3 bedroom, 2 bathroom mobile home which is currently rented.
17336 Heavy Chevy Road which is a 1680 fsf 3 bedroom, 2 bathroom mobile home which is currently rented.
17368 Heavy Chevy Road which is a 2795 fsf 4 bedroom 3 bathroom home which is currently vacant.
17374 Heavy Chevy Road which is a 7182 sf area with a 4960 sf automotive shop with 5 lifts/5 bays; 836 sf utility building; 1386 sf former transmission shop which are all rented.
There is an open area with a junk yard and several storage buildings and storage trailers also on the property.
Total heated square feet is 17,099.
Based on current operations, the property reflects an estimated in-place cap rate of ~5%–5.5%. Under a reasonable stabilization scenario, projected pro forma cap rate is approximately ~6.5%, assuming lease-up and modest rent growth (buyer to verify all income and expenses).
The size, configuration, and unrestricted nature of the property support a wide range of potential uses, including continued mixed-use investment, contractor or equipment yard, expanded automotive or industrial services, redevelopment into additional residential units, tiny home or mobile home community, RV park, or future multi-family development (buyer to verify feasibility).
Offered as-is, this is a compelling opportunity to acquire a cash-flowing asset with significant upside in a growing Northwest Arkansas market.