Building Details

Year built 1950

Floors in Building 1

Number of units 1

Flooring type Carpet, Tile

Building materials Brick

Listing Agency: Diamond Realty & Associates t***@yahoo.com Show Phone

Listed By: Casey Tubbs · License #0995699928 Show Phone

Added: Aug 1 Changed: Sep 15 Last Checked: Sep 17 at 9:06AM

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MLS# 21347782

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Investment Insights

Based on property information with market context.

This 1,542-square-foot storefront building at 100 5th Street features brick construction, tile and carpet flooring, central heating, electric cooling, and central air. Built in 1950, the property is offered in its current as-is condition and may accommodate restaurant, office, or retail use as described in the property information.

The building is positioned on a corner in Benton, Louisiana. Public water and public sewer serve the property, while parking is available on the street.

Key Highlights

• 1,542‑square‑foot brick building
• Corner property at 100 5th Street in Benton, LA 71006
• Built in 1950

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).

NOI / Yr

$9,978

Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.

Cap Rate

3.17%

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$199,560 $199.6K

Cap Rate 7%

$142,543 $142.5K

Cap Rate 9%

$110,867 $110.9K

Market Conditions

NOI Build-Up for 1,542 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.

Gross rent

$15.0K $9.72/SF

− Vacancy

−$734 −$0.48/SF

EGI

$14.3K $9.24/SF

− OpEx

−$4.3K −$2.77/SF

NOI

$10.0K $6.47/SF

Area

Bossier County, LA

Vacancy

4.90%

Lease Rate

$9.72 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.

Cap Rate 5%

$199,560

Cap Rate 7%

$142,543

Cap Rate 9%

$110,867

Alternative Uses

Best Use

Retail

$142.5K

$124.7K – $166.3K (±1% cap)

NOI $9,978 @ 7.0% cap · market cap 3.17%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$262.5K

$229.7K – $306.2K (±1% cap)

NOI $18,374 @ 7.0% cap · market cap 5.83%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Hair Salon Electrical Service Auto Parts Store Building Supply Restaurant Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

119

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 71006, LA

15,268

Population

6,032

Households

2.5

Avg Household Size

39

Median Age

34%

College-Educated

93%

High-School Grad

205.1 sq mi

ZIP Area

74

Density / Sq Mi

$91,318

Median Household Income

$46,389

Median Earnings

$1,096

Median Rent

$304,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Brick commercial space with central HVAC, public utilities, and on-street parking.

Where is this storefront property located?

The property is located at 100 5th Street Benton, LA.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: 1,542‑square‑foot brick building; Corner property at 100 5th Street in Benton, LA 71006; Built in 1950