Benton Commercial Property For
For Sale
$315,000
100 5th Street, Benton, LA 71006
1,542 SF commercial building on a 0.275-acre corner lot.
Property Size1,542 SF
Lot Size0.28 Acres
Price / SF$204.28
Days on Market100
Property Features for 100 5th Street
General Information
Standard status
Active
Size
1,542 SF
Lot size
0.28 Acres
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Diamond Realty & Associates
(318) 746-0011
Listed By:
Casey Tubbs · License #0995699928
(318) 205-6641
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 17 at 10:11AM
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 building is situated on a 0.275-acre corner lot in Benton. The property is suitable for various uses, including a restaurant, office space, or retail store. The building exudes character and is being sold AS-IS.
Key Highlights
- Prime corner lot location in the heart of Benton.
- Versatile 1,542 square foot brick building suitable for various commercial uses.
- Priced to sell.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.0k | $9.72 |
| − Vacancy | −$734 | −$0.48 |
| EGI | $14.3k | $9.24 |
| − OpEx | −$4.3k | −$2.77 |
| NOI | $10.0k | $6.47 |
1,542 SF · lease $9.72/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$142.5K
$124.7K – $166.3K
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
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - 1,542 SF commercial building on a 0.275-acre corner lot.
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: Prime corner lot location in the heart of Benton.; Versatile 1,542 square foot brick building suitable for various commercial uses.; Priced to sell.