Updated Office Building with
17940 Interstate 30 N, Benton, AR 72019
For Sale
$390,000
C3-zoned office property with I-30 frontage and a three-level interior configuration.
Property Size1,100 SF
Price / SF$354.55
Days on Market109
Property Features for 17940 Interstate 30 N
General Information
Standard status
Size
Zoning
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Stories
Listing Agency:
Crye-Leike REALTORS Bryant
(501) 653-8000
Listed By:
Terri Summers
(501) 258-6408
Source:
Exprealty
Added: Jul 25
Changed: Nov 2
Last Checked: Nov 8 at 9:14AM
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 Crye-Leike REALTORS Bryant
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Investment Insights
Based on property information with market context.
This 1,100 SF office property at 17940 Interstate 30 N includes a main level, upstairs area, and basement. Interior improvements include new flooring on the main and upper floors, painted floors, updated plumbing fixtures, new light fixtures, two kitchenettes, a built-in reception desk, and a fireplace. Mini-split systems serve all floors, and a new water heater has been installed.
The property is zoned C3 and has frontage on I-30. Exterior work includes new siding, gutters, lighting, railing, landscaping, paint, and keyless locks. The area behind the building has been cleared to the property line for additional parking, with access to the rear entrance.
The property is zoned C3 and has frontage on I-30. Exterior work includes new siding, gutters, lighting, railing, landscaping, paint, and keyless locks. The area behind the building has been cleared to the property line for additional parking, with access to the rear entrance.
Key Highlights
- 1,100 SF office property with main level, upstairs area, and basement
- C3 zoning with frontage on I‑30
- Interior updated with new flooring, painted floors, fixtures, two kitchenettes, and a built‑in reception desk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,638
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,760
$252.8K
Cap Rate 7%
$180,543
$180.5K
Cap Rate 9%
$140,422
$140.4K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$18.7K $17.04/SF
− Vacancy
−$1.9K −$1.72/SF
EGI
$16.9K $15.32/SF
− OpEx
−$4.2K −$3.83/SF
NOI
$12.6K $11.49/SF
Area
Saline County, AR
Vacancy
10.10%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,760
Cap Rate 7%
$180,543
Cap Rate 9%
$140,422
Alternative Uses
Best Use
Office B
$180.5K
$158.0K – $210.6K
NOI $12,638 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$240.0K
$210.0K – $280.1K
NOI $16,803 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - C3-zoned office property with I-30 frontage and a three-level interior configuration.
Where is this office unit located?
The property is located at 17940 Interstate 30 N Benton, AR.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 1,100 SF office property with main level, upstairs area, and basement; C3 zoning with frontage on I‑30; Interior updated with new flooring, painted floors, fixtures, two kitchenettes, and a built‑in reception desk
