Mixed-Use Building with
2150 Congo Road, Benton, AR 72015
For Sale
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Mixed-use property combines commercial suites with one-bedroom apartments in a newly built configuration.
Property Size12,000 SF
Price / SF$150
Days on Market105
Property Features for 2150 Congo Road
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Investment Type
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
Crye-Leike Real Estate
Listed By:
Jeremiah Oltmans · License AR EB00062094
Source:
Crexi
Added: Jul 29
Changed: Oct 25
Last Checked: Nov 8 at 6:25AM
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 Real Estate
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Investment Insights
Based on property information with market context.
This 12,000-square-foot mixed-use building is configured with three commercial spaces, with potential for a fourth, alongside four one-bedroom apartments. The property was built in 2026 and carries mixed-use zoning, supporting its combination of commercial and residential components.
Located at 2150 Congo Road in Benton, Arkansas, the asset offers a single-property format for commercial space and apartment units. Its multi-suite layout provides distinct areas for the commercial occupants while maintaining separate residential accommodations within the building.
Located at 2150 Congo Road in Benton, Arkansas, the asset offers a single-property format for commercial space and apartment units. Its multi-suite layout provides distinct areas for the commercial occupants while maintaining separate residential accommodations within the building.
Key Highlights
- 12,000 square feet of mixed‑use building area
- Three commercial spaces with potential for a fourth
- Four one‑bedroom apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$131,565
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,631,300
$2.6M
Cap Rate 7%
$1,879,500
$1.9M
Cap Rate 9%
$1,461,833
$1.5M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$200.2K $16.68/SF
− Vacancy
−$12.2K −$1.02/SF
EGI
$188.0K $15.66/SF
− OpEx
−$56.4K −$4.70/SF
NOI
$131.6K $10.96/SF
Area
Saline County, AR
Vacancy
6.10%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,631,300
Cap Rate 7%
$1,879,500
Cap Rate 9%
$1,461,833
Alternative Uses
Best Use
Retail
$1.88M
$1.64M – $2.19M
NOI $131,565 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$1.48M
$1.29M – $1.72M
NOI $103,373 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$2.62M
$2.29M – $3.06M
NOI $183,310 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property combines commercial suites with one-bedroom apartments in a newly built configuration.
Where is this mixed-use property located?
The property is located at 2150 Congo Road Benton, AR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 12,000 square feet of mixed‑use building area; Three commercial spaces with potential for a fourth; Four one‑bedroom apartments
