Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Benton, LA Unimproved Land Title is generated by Realmo AI

    Hicks Road lot 5A, Benton, LA 71006

    View on Map
    Claim this Listing
    For Sale
    $218,750

    LAND - Benton, LA

    Lot size:
    8.75 Acres
    Added:
    Mar 9, 2026
    Days on Market:
    87
    Last Refresh:
    Jun 3 at 5:06 am

    Property Features for Hicks Road lot 5A

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    159385
    Lot size
    8.75 Acres

    We can help!

    Listing Contact
    Katie Lewis

    Listing agent Katie Lewis License #0995709184

    Listing office Diamond Realty & Associates Bossier City, LA

    Listing date Mar 9, 2026

    MLS# 21166188 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Almost 9 acres of land for building
    • Located on a quiet cul de sac
    • No HOA
    • Utilities available at the street
    • Surrounded by large properties with beautiful homes
    • Convenient location: 12 minutes to downtown Benton and Hwy 220

    Overview

    This is an 8.75-acre tract of land with mature trees, located on a quiet cul-de-sac. The property is surrounded by other tracts of land that are of equal size or larger, with homes. It is located approximately 12 minutes from downtown Benton and Interstate 220. Utilities are available at the street. The property is suitable for building a home.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Benton
    County
    Bossier
    State
    Louisiana
    Longitude
    -93.61358
    Latitude
    32.718097

    Nearby Similar for Sale

    • $850,000
      11,900 SF

      Versatile Benton Property on Acreage

      11,900 sq ft building on 6.3 acres in Benton, LA.
      147 Wilson Loop, Benton, LA 71006
      View Details
    • $315,000

      Brick Corner Retail/Office Building

      Character-rich brick building on a corner lot, offered as-is with flexible restaurant, office, or retail potential.
      100 5th Street, Benton, LA 71006
      View Details
    • $525,000

      Corner Commercial Land Opportunity

      Two corner lots with dual street frontage provide a strong setting for an office build near the courthouse.
      N Lost River, Benton, LA 71006
      View Details
    • $875,000

      40-Acre Land Tract Near Highway Access

      Versatile acreage with paved road access, suited for development or private retreat use.
      229 Padgett Road, Benton, LA 71006
      View Details
    • $126,352

      Benton, LA Unimproved Land

      5.961-acre unimproved land near Benton Schools, offering country serenity.
      Hwy 160, Benton, LA 71006
      View Details
    • $1,100,000

      Corner Commercial Development Land

      Nearly 20-acre corner tract in Benton with potential for commercial redevelopment pending rezoning approval.
      102 Old Bellevue Road, Benton, LA 71006
      View Details
    • $369,900

      Waterfront Home Site Land

      Engineer-built, stocked pond home site with utilities in place and a prepared house pad on an HOA-free parcel.
      147 Silver Leaf Drive, Benton, LA 71006
      View Details
    • $328,000

      Benton, LA Land for Sale

      9.88 acre wooded lot ready for your dream home.
      113 Buffalo Road, Benton, LA 71006
      View Details
    • $425,000

      Recreational Hunting Acreage

      29-acre property with cleared homesite area, pond, and established hunting lanes along a creek-fed waterway.
      Alden Bridge Loop, Benton, LA 71006
      View Details
    • $125,000

      Land For Sale in Benton

      Land in Benton, LA, with views of nature.
      Sam Willen Drive, Benton, LA 71006
      View Details
    • $125,000

      Residential Land in Benton, LA

      Residential land for sale in Benton, Louisiana.
      Sam Willen Drive, Benton, LA 71006
      View Details
    • $369,410

      29 Acres Unimproved Land Benton

      29.068 acres of unimproved land in Benton, Louisiana.
      Hwy 160, Benton, LA 71006
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 8.75 acres of land near Benton, Louisiana.
    Where is this residential land & home lot located?
    The property is located at Hicks Road lot 5A Benton, LA.
    What is the asking price?
    The asking price for this property is $218,750.
    What are key features of this property?
    This property features: Almost 9 acres of land for building; Located on a quiet cul de sac; No HOA
    (318) 746-0011
    We can help!
    Listing Contact
    Katie Lewis
    Real Estate License ID: 0995709184
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Hicks Road lot: 5A, Benton, LA 71006
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!