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Fenced Industrial Warehouse Property
For Sale
$1,389,000

207 & 221 Edison Avenue, Benton, AR 72015

COMMERCIAL - Benton, AR

Property Size20,284 SF
Lot Size1.36 Acres
Price / SF$68.48
Days on Market95

Property Features for 207 & 221 Edison Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial-Intermediate
Interior features 220 Volt Power, Display Window
Exterior features Fully Fenced, Guttering, Roof Sign, Overhead Doors
Fencing Full
Lot features Level
Directions From I-30, take Exit 116 toward Benton. Continue on AR-35/Smithers Drive, then turn onto Edison Avenue. Property will be on the right.
Subdivision BENTON
Standard status Active
APN 805-20622-000
Size 20,284 SF
Lot size 1.36 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description PT NWN W 2023-015446
Tax Annual Amount 1950
Legal Description PT NWN W 2023-015446

Building Details

Year built 1991
Floors in Building 1
Flooring type Concrete
Roof type Metal
Architectural style Other
Listing Agency: ArkBest Realty, Inc.
Listed By: Nathan Hutchins · License #EB00063530
Added: May 18 Changed: Aug 4 Last Checked: Aug 20 at 2:06AM
MLS# 26019743

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This industrial warehouse property comprises two buildings totaling 20,284 square feet on 1.36 acres. The improvements include concrete flooring, metal roofing, overhead doors, display windows, and 220 Volt power. A full perimeter fence and controlled entry gate secure the site, while the layout also includes exterior yard space for material staging or equipment storage. The rear warehouse has a new roof, adding a recent improvement to the property. Built in 1991, the asset supports warehouse, distribution, contractor, storage, and light industrial uses identified in the property information.

The property is located at 207 & 221 Edison Avenue in Benton, Arkansas, within the downtown Benton area. Its position provides access to I-30 and places the two-building industrial site within the Benton market. Additional exterior features include guttering and roof signage.

Key Highlights

  • Two warehouse buildings totaling 20,284 square feet
  • 1.36‑acre industrial site with exterior laydown yard
  • Full fencing with controlled access gate

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
$118,725
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
8.55%
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%
$2,374,500 $2.4M
Cap Rate 7%
$1,696,071 $1.7M
Cap Rate 9%
$1,319,167 $1.3M
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
$194.7K $9.60/SF
− Vacancy
−$12.1K −$0.60/SF
EGI
$182.7K $9.00/SF
− OpEx
−$63.9K −$3.15/SF
NOI
$118.7K $5.85/SF
Area
Saline County, AR
Vacancy
6.20%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
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%
$2,374,500
Cap Rate 7%
$1,696,071
Cap Rate 9%
$1,319,167

Alternative Uses

Best Use
Flex RnD
$1.70M
$1.48M – $1.98M (±1% cap)
NOI $118,725 @ 7.0% cap · market cap 8.55%
Second Best
Warehouse
$1.58M
$1.39M – $1.85M (±1% cap)
NOI $110,880 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$4.43M
$3.87M – $5.16M (±1% cap)
NOI $309,854 @ 7.0% cap · market cap 22.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Fence Masters General Contractor

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Storage Facility Garden Center (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

659
Businesses Nearby
Under-served
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Benton Professional Development Center (PDC) 211 N Border St, Benton, AR 72015

Frequently Asked Questions

What type of property is this?
Warehouse - Two warehouse buildings offer secured industrial space with yard area, overhead doors, and 220 Volt power.
Where is this warehouse located?
The property is located at 207 & 221 Edison Avenue 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: Two warehouse buildings totaling 20,284 square feet; 1.36‑acre industrial site with exterior laydown yard; Full fencing with controlled access gate
More about this property
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