Multi-Building Warehouse with Multiple Door
For Sale
$1,389,000
207 & 221 Edison Ave, Benton, AR 72015
Three warehouse buildings totaling 20,284 SF with overhead and bay doors, office space, parking, and secured exterior laydown areas.
Property Size20,284 SF
Lot Size1.36 Acres
Price / SF$68.48
Days on Market41
Property Features for 207 & 221 Edison Ave
General Information
Standard status
Active
Size
20,284 SF
Lot size
1.36 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Building Details
Year Built
1991
Listing Agency:
ArkBest Realty, Inc.
Listed By:
Nathan Hutchins · License ##PB00063530
(501) 912-3660
Source:
Themoverealty
Added: Jul 29
Changed: Sep 7
Last Checked: Sep 6 at 2:15PM
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 ArkBest Realty, Inc.
Investment Insights
Based on property information with market context.
This multi-building warehouse property includes three industrial buildings on ±1.36 acres, offering flexible occupancy for warehouse, distribution, contractor storage, and light industrial uses. 207 & 211 Edison Avenue share a combined warehouse structure divided by an interior wall for multi-tenant or full-building occupancy. 207 Edison Ave contains approximately 6,840 SF with two overhead doors, while 211 Edison Ave provides approximately 7,868 SF with three overhead doors. The property also includes exterior laydown and storage areas within a secure industrial setting.
217 Edison Avenue adds approximately 4,800 SF and features five bay doors, two walk-in entry doors, and dedicated office/reception space. The site includes ample parking and maneuvering area to support daily loading and service activity.
The property is located on Edison Avenue with quick access to I-30 and downtown Benton, supporting efficient connectivity for logistics and local operations.
217 Edison Avenue adds approximately 4,800 SF and features five bay doors, two walk-in entry doors, and dedicated office/reception space. The site includes ample parking and maneuvering area to support daily loading and service activity.
The property is located on Edison Avenue with quick access to I-30 and downtown Benton, supporting efficient connectivity for logistics and local operations.
Key Highlights
- ±1.36‑acre multi‑building warehouse site with secured exterior laydown and storage
- 207 Edison Ave: approximately 6,840 SF with two overhead doors
- 211 Edison Ave: approximately 7,868 SF with three overhead doors
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
$110,880
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
7.98%
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%
$2,217,600
$2.2M
Cap Rate 7%
$1,584,000
$1.6M
Cap Rate 9%
$1,232,000
$1.2M
Market Conditions
NOI Build-Up for 20,284 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
$141.2K $6.96/SF
− Vacancy
−$10.7K −$0.53/SF
EGI
$130.4K $6.43/SF
− OpEx
−$19.6K −$0.96/SF
NOI
$110.9K $5.47/SF
Area
Saline County, AR
Vacancy
7.60%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
15.00%
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%
$2,217,600
Cap Rate 7%
$1,584,000
Cap Rate 9%
$1,232,000
Alternative Uses
Best Use
Warehouse
$1.58M
$1.39M – $1.85M
NOI $110,880 @ 7.0% cap · market cap 7.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.43M
$3.87M – $5.16M
NOI $309,854 @ 7.0% cap · market cap 22.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72015, AR
28,597
Population
12,148
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
92%
High-School Grad
85.0 sq mi
ZIP Area
336
Density / Sq Mi
$64,550
Median Household Income
$44,219
Median Earnings
$1,013
Median Rent
$169,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Three warehouse buildings totaling 20,284 SF with overhead and bay doors, office space, parking, and secured exterior laydown areas.
Where is this warehouse located?
The property is located at 207 & 221 Edison Ave Benton, AR.
What is the asking price?
The asking price for this property is $1,389,000.
What are key features of this property?
This property features: ±1.36‑acre multi‑building warehouse site with secured exterior laydown and storage; 207 Edison Ave: approximately 6,840 SF with two overhead doors; 211 Edison Ave: approximately 7,868 SF with three overhead doors
