Building Details

Year Built 1950

Buildings 1

Construction brick

Listing Agency: Diamond Realty & Associates

Listed By: Casey Tubbs · License #0995699928 Show Phone

Source: Heritance

Added: Aug 26 Changed: Sep 12 Last Checked: Oct 7 at 1:10PM

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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 occupies a .275-acre corner lot at 100 5th St in Benton, Louisiana. Built in 1950, the building offers a compact commercial footprint for retail, office, or restaurant use.

The property is being offered in its existing condition, with no repairs planned by the seller. Its corner-lot setting and storefront format provide a defined base for an owner or operator to adapt the space to a chosen commercial use.

Key Highlights

• 1,542‑square‑foot brick commercial building
• .275‑acre corner lot
• Built in 1950

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$9,978

Cap Rate

3.17%

Suggested Prices Based on Cap Rates

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

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 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. How Realmo checks its estimates

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

122

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?

Frequently Asked Questions

What type of property is this?

Storefront property - 1950-built brick property with flexible retail, office, or restaurant use potential in its existing condition.

Where is this storefront property located?

The property is located at 100 5th St 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 commercial building; .275‑acre corner lot; Built in 1950