Prime Commercial Land For
For Sale
$550,000
100 W 1st Street, Centerton, AR 72719
Land with excellent visibility, ideal for retail or office development.
Property Size2,728 SF
Price / SF$201.61
Days on Market170
Property Features for 100 W 1st Street
General Information
Standard status
Active
Size
2,728 SF
Property subtype
CommercialSale
Listing Agency:
Moses Tucker Partners-Bentonville Branch
(479) 271-6118
Listed By:
Paul Esterer · License #EB00052591
(479) 685-6612
Source:
Connectrealtynwa
Added: Mar 27
Changed: Sep 8
Last Checked: Sep 12 at 6:44AM
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 Moses Tucker Partners-Bentonville Branch
Investment Insights
Based on property information with market context.
This commercial land offers excellent visibility with approximately 188 linear feet of frontage on N Main St, connecting Hwy 102 and Hwy 72. The location is suitable for retail or office development. It is situated 0.2 miles from E Centerton Blvd, 1.6 miles from Hwy 72, and 6.1 miles from I-49.
Key Highlights
- High‑visibility location with approximately 188 linear feet of frontage on N Main St.
- Ideal for retail or office development.
- Convenient access to major roadways: 0.2 miles to E Centerton Blvd, 1.6 miles to Hwy 72, and 6.1 miles to I‑49.
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
$42,333
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
7.70%
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%
$846,660
$846.7K
Cap Rate 7%
$604,757
$604.8K
Cap Rate 9%
$470,367
$470.4K
Market Conditions
NOI Build-Up for 2,728 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
$60.6K $22.20/SF
− Vacancy
−$4.1K −$1.51/SF
EGI
$56.4K $20.69/SF
− OpEx
−$14.1K −$5.17/SF
NOI
$42.3K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /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%
$846,660
Cap Rate 7%
$604,757
Cap Rate 9%
$470,367
Alternative Uses
Best Use
Office B
$604.8K
$529.2K – $705.6K
NOI $42,333 @ 7.0% cap · market cap 7.70%
Second Best
Retail
$443.3K
$387.9K – $517.2K
NOI $31,034 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$749.7K
$656.0K – $874.6K
NOI $52,477 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 72719, AR
16,248
Population
6,989
Households
2.3
Avg Household Size
30
Median Age
39%
College-Educated
96%
High-School Grad
9.2 sq mi
ZIP Area
1,766
Density / Sq Mi
$111,250
Median Household Income
$61,073
Median Earnings
$1,432
Median Rent
$283,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land with excellent visibility, ideal for retail or office development.
Where is this commercial land located?
The property is located at 100 W 1st Street Centerton, AR.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: High‑visibility location with approximately 188 linear feet of frontage on N Main St.; Ideal for retail or office development.; Convenient access to major roadways: 0.2 miles to E Centerton Blvd, 1.6 miles to Hwy 72, and 6.1 miles to I‑49.
