Gas Station Property with Pole
For Sale
$1,200,000
15920-16000 N I-30, Benton, AR 72015
Commercial / Industrial, Traditional, Benton, AR
Property Size7,411 SF
Lot Size1.96 Acres
Price / SF$161.92
Days on Market1162
Property Features for 15920-16000 N I-30
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Highway Service
Parking
50
Exterior features
Dumpster, Pole Sign
Subdivision
13-2-31
Lot features
Level, Cleared, Not in Subdivision
Directions
FROM HOT SPRINGS TAKE THE BYPASS HEADED EAST TO BENTON.GET ON 1-30 THE STORE WILL BE ON THE LEFT OF THE SERVICE ROAD.AT 15904.
Standard status
Active
Size
7,411 SF
Lot size
1.96 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
10-02S-15W
Tax Annual Amount
2491
Legal Description
10-02S-15W
Building Details
Year built
1992
Floors in Building
1
Flooring type
Concrete
Architectural style
Other
Listing Agency:
The Virtual Realty Group
(479) 422-2935
Listed By:
Soozanna French · License #SA00055636
(501) 276-1425
Added: Jul 16, 2023
Changed: Sep 5
Last Checked: Sep 19 at 7:06PM
MLS# 23025351
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-property offering includes a 7,411-square-foot commercial asset on 1.96 acres, with concrete flooring, a pole sign, and a dumpster. Built in 1992, the property is positioned along the service road at 15920-16000 N I-30. A second structure measuring more than 5,000 square feet is included; the building remains unfinished and requires additional work. Approximately 80 feet of creek frontage is associated with the additional building. No gas contract is currently in place.
The site is in Benton, Arkansas, with a school located a few blocks behind the store and residential development surrounding the school. The property classification supports gas station use, while the additional structure provides separate commercial building area within the offering.
The site is in Benton, Arkansas, with a school located a few blocks behind the store and residential development surrounding the school. The property classification supports gas station use, while the additional structure provides separate commercial building area within the offering.
Key Highlights
- Two‑property offering on 1.96 acres at 15920‑16000 N I‑30, Benton, AR 72015
- 7,411 square feet of property size
- Additional building exceeds 5,000 square feet and is unfinished
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
$81,252
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
6.77%
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%
$1,625,040
$1.6M
Cap Rate 7%
$1,160,743
$1.2M
Cap Rate 9%
$902,800
$902.8K
Market Conditions
NOI Build-Up for 7,411 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
$123.6K $16.68/SF
− Vacancy
−$7.5K −$1.02/SF
EGI
$116.1K $15.66/SF
− OpEx
−$34.8K −$4.70/SF
NOI
$81.3K $10.96/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$16.68 /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%
$1,625,040
Cap Rate 7%
$1,160,743
Cap Rate 9%
$902,800
Alternative Uses
Best Use
Retail
$1.16M
$1.02M – $1.35M
NOI $81,252 @ 7.0% cap · market cap 6.77%
Second Best
Specialty Retail
$1.07M
$939.5K – $1.25M
NOI $75,156 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,209 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 72015, AR
28,597
Population
12,148
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
92%
High-School Grad
85.0 sq mi
ZIP Area
336
Density / Sq Mi
$64,550
Median Household Income
$44,219
Median Earnings
$1,013
Median Rent
$169,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Two-property offering with an unfinished secondary building and roadside access along I-30.
Where is this gas station located?
The property is located at 15920-16000 N I-30 Benton, AR.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑property offering on 1.96 acres at 15920‑16000 N I‑30, Benton, AR 72015; 7,411 square feet of property size; Additional building exceeds 5,000 square feet and is unfinished
