Updated Office Building with
For Sale
$414,000
17940 Interstate 30 N, Benton, AR 72019
C3-zoned office property with I-30 frontage and a three-level interior configuration.
Property Size1,100 SF
Price / SF$376.36
Days on Market18
Property Features for 17940 Interstate 30 N
General Information
Standard status
Active
Size
1,100 SF
Zoning
C3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,513
Building Details
Buildings
1
Stories
3
Listing Agency:
Crye-Leike REALTORS Bryant
(501) 258-6408
Listed By:
Terri Summers
(501) 258-6408
Source:
Exprealty
Added: Jul 25
Changed: Aug 11
Last Checked: Aug 11 at 5:49AM
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
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 = 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
$12,638
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
3.05%
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%
$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
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
$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 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%
$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 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$240.0K
$210.0K – $280.1K
NOI $16,803 @ 7.0% cap · market cap 4.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - C3-zoned office property with I-30 frontage and a three-level interior configuration.
Where is this office units located?
The property is located at 17940 Interstate 30 N Benton, AR.
What is the asking price?
The asking price for this property is $414,000.
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
