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610 Hwy 5th N Benton, AR 72019-8559

OFF-MARKET Office buildings Google Maps
4,552 SF 1.63 ac lot Built 1978
Entity Owned 10-yr Hold Free & Clear
Estimated value (blended)
$255k
Range $230k – $281k (±10%)
Property ID US05-2154825

Property summary

AI-generated overview

This exceptional business opportunity encompasses a substantial 1.63-acre lot ideally situated at 610 Highway 5, Unit Yes, in Benton, Arkansas. The property's prime location ensures high visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. The expansive acreage offers significant potential for development, allowing for ample space to construct a large-scale building or accommodate substantial outdoor operations. The asking price for this significant parcel is $1,080,000. Given its size and strategic location along a major highway, this property presents a rare chance to establish a thriving business in a dynamic and growing area. The absence of existing structures provides a blank canvas for a customized development tailored to specific business needs. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the land for their intended purpose. This is a unique opportunity to acquire a substantial piece of commercial real estate in a desirable location with significant growth potential. The property's highway frontage ensures excellent exposure to a high volume of daily traffic, maximizing visibility and accessibility for any business established on the site. Serious inquiries are welcome.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 4,552 SF
Lot 1.63 ac (71,003 SF)
APN 805-05058-000
UPID US05-2154825

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$860k
Comparable Approach Comparable
$661k
Blend (final) Blend
$255k

Owner & transaction history

since 2016
7 recorded transactions
2020
Price N/A
2018
Price N/A
2018
Price N/A
2016
$560,000
2016
$560,000
2014
$375,000
2009
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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