Motel with I-30
16600 Interstate 30 #Yes, Benton, AR 72019
For Sale
$1,100,000
The offering combines lodging, undeveloped land, and a rental residence across six adjoining parcels.
Property Size5,000 SF
Price / SF$220
Days on Market71
Property Features for 16600 Interstate 30 #Yes
General Information
Standard status
Size
Property subtype
Listing Agency:
Baxley-Penfield-Moudy Realtors
(501) 315-5000
Listed By:
Tim Bennett
(501) 416-7963
Source:
Blairrealtors
Added: Sep 1
Changed: Nov 9
Last Checked: Nov 9 at 7:17AM
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 Baxley-Penfield-Moudy Realtors
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Investment Insights
Based on property information with market context.
This Benton property comprises the Cedar Wood Inn motel, additional land, and a rental home at 700 Heights Road. The residence sits above the motel and can also be acquired separately. The motel and land are part of a six-lot assemblage zoned C-3.
At Exit 117 on I-30, the property has more than 500 feet of interstate frontage. The source identifies hospitality, retail, multifamily, mixed-use, and other commercial development as possibilities, subject to zoning and governmental approvals.
At Exit 117 on I-30, the property has more than 500 feet of interstate frontage. The source identifies hospitality, retail, multifamily, mixed-use, and other commercial development as possibilities, subject to zoning and governmental approvals.
Key Highlights
- Six contiguous lots zoned C‑3
- More than 500 feet of frontage along I‑30 at Exit 117
- Includes Cedar Wood Inn motel, additional land, and a rental home at 700 Heights Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,350
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,000
$627.0K
Cap Rate 7%
$447,857
$447.9K
Cap Rate 9%
$348,333
$348.3K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$75.0K $15.00/SF
− Vacancy
−$9.0K −$1.80/SF
EGI
$66.0K $13.20/SF
− OpEx
−$34.7K −$6.93/SF
NOI
$31.4K $6.27/SF
Area
Saline County, AR
Vacancy
12.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,000
Cap Rate 7%
$447,857
Cap Rate 9%
$348,333
Alternative Uses
Best Use
Hotel Hospitality
$447.9K
$391.9K – $522.5K
NOI $31,350 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$954.7K – $1.27M
NOI $76,379 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,102
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72019, AR
28,097
Population
11,926
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
173.2 sq mi
ZIP Area
162
Density / Sq Mi
$86,025
Median Household Income
$49,005
Median Earnings
$985
Median Rent
$248,700
Median Home Value
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Similar Off Market Nearby
- Enclave Gallery — 112 E Ashley St, Benton, AR 72015
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- Eagle Courts — 925 W South St, Benton, AR 72015
- Valkyrie :: Axe Throwing — 234 W South St, Benton, AR 72015
- 111 N. Main — 111 N Main St, Benton, AR 72015
Frequently Asked Questions
What type of property is this?
Motel - The offering combines lodging, undeveloped land, and a rental residence across six adjoining parcels.
Where is this motel located?
The property is located at 16600 Interstate 30 #Yes Benton, AR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six contiguous lots zoned C‑3; More than 500 feet of frontage along I‑30 at Exit 117; Includes Cedar Wood Inn motel, additional land, and a rental home at 700 Heights Road
