Brick Corner Storefront
New
For Sale
$315,000
100 5th Street, Benton, LA 71006
Commercially zoned brick building offered in its existing condition for restaurant, office, or retail use.
Property Size1,542 SF
Lot Size0.28 Acres
Price / SF$204.28
Days on Market2
Property Features for 100 5th Street
General Information
Standard status
Active
Size
1,542 SF
Lot size
0.28 Acres
Property subtype
Commercial
Zoning
Commercial
Additional Details
Corner Location
Yes
Building Details
Building Size
1,542 SF
Year Built
1950
Buildings
1
Units
1
Construction
brick
Listing Agency:
Diamond Realty & Associates
(318) 205-6641
Listed By:
Casey Tubbs · License #0995699928
(318) 205-6641
Source:
Vickiesteam
Added: Aug 11
Changed: Aug 12
Last Checked: Aug 12 at 4:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Diamond Realty & Associates
Investment Insights
Based on property information with market context.
This 1,542-square-foot brick storefront building was constructed in 1950 and occupies a 0.275-acre corner parcel. The property is zoned Commercial and is being conveyed in its existing condition, with no repairs planned by the seller.
The building can accommodate restaurant, office, or retail use, providing flexibility for an owner seeking a commercial property with an established storefront configuration. Its Benton address places the asset within the community’s central area, as stated in the property information.
The building can accommodate restaurant, office, or retail use, providing flexibility for an owner seeking a commercial property with an established storefront configuration. Its Benton address places the asset within the community’s central area, as stated in the property information.
Key Highlights
- 1,542 SF brick commercial building
- 0.275‑acre corner lot in Benton
- Constructed 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
$15,217
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
4.83%
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%
$304,340
$304.3K
Cap Rate 7%
$217,386
$217.4K
Cap Rate 9%
$169,078
$169.1K
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
$23.9K $15.48/SF
− Vacancy
−$3.6K −$2.32/SF
EGI
$20.3K $13.16/SF
− OpEx
−$5.1K −$3.29/SF
NOI
$15.2K $9.87/SF
Area
Bossier County, LA
Vacancy
15.00%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
25.00%
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%
$304,340
Cap Rate 7%
$217,386
Cap Rate 9%
$169,078
Alternative Uses
Best Use
Office B
$217.4K
$190.2K – $253.6K
NOI $15,217 @ 7.0% cap · market cap 4.83%
Second Best
Retail
$142.5K
$124.7K – $166.3K
NOI $9,978 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$262.5K
$229.7K – $306.2K
NOI $18,374 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercially zoned brick building offered in its existing condition for restaurant, office, or retail use.
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 SF brick commercial building; 0.275‑acre corner lot in Benton; Constructed in 1950
