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    1308 Highway 5 Benton, AR 72015

    For Sale
    $249,000

    0.19-acre commercial lot, $249,000.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 0.19-acre commercial lot presents a unique investment opportunity in the thriving Benton, Arkansas market. Located at 1308 Highway 5, this property offers significant potential for a variety of commercial ventures. Its strategic location provides excellent visibility and accessibility, ensuring high traffic exposure for any business established here. The lot's size is ideal for smaller-scale commercial developments, such as a retail space, office building, or potentially a small restaurant. The address itself is a key advantage, situated on a busy thoroughfare with consistent vehicle traffic, guaranteeing a strong customer base. Given the current market conditions in Benton, this property represents a compelling investment with substantial upside potential. The asking price of $249,000 reflects the land's prime location and development possibilities. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land parcel. Further due diligence is recommended to confirm zoning regulations and development possibilities. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area. Don't miss out on this chance to secure a piece of Benton's vibrant commercial landscape. Act quickly, as properties like this are in high demand.

    Property Features for 1308 Highway 5

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1959
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Saline
    State
    Arkansas
    Longitude
    -92.59055
    Latitude
    34.57558

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    FAQs

    What type of property is this?
    Commercial real estate - 0.19-acre commercial lot, $249,000.
    Where is this commercial real estate located?
    The property is located at 1308 Highway 5 Benton, AR.
    What is the asking price?
    The asking price for this property is $249,000.
    Request Owner's contact information
    1308 Highway 5 Benton, AR 72015
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    Benton, AR 72015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1308 Highway 5 Benton, AR 72015
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