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Corner-Lot Brick Storefront
New
For Sale
$315,000

100 5th St, Benton, LA 71006

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

Property Size1,542 SF
Lot Size0.28 Acres
Price / SF$204.28
Days on Market4

Property Features for 100 5th St

General Information

Standard status Active
Size 1,542 SF
Lot size 0.28 Acres

Additional Details

Corner Location Yes

Building Details

Year Built 1950
Buildings 1
Construction brick
Listing Agency: Diamond Realty & Associates
Listed By: Casey Tubbs · License #0995699928
Source: Heritance
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 29 at 12:28PM

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 = 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

Current Use

Storefront properties

Suggested Use

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

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

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
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Questions? Ask Rey
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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
More about this property
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