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Mixed-Use Building with Apartments
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2150 Congo Road, Benton, AR 72015

Mixed-use property combines commercial suites with one-bedroom apartments in a newly built configuration.

Property Size12,000 SF
Price / SF$162.50
Days on Market8

Property Features for 2150 Congo Road

General Information

Standard status Active
Size 12,000 SF
Total Parking Spaces 50
Property subtype Mixed Use, Retail, Multifamily
Zoning Mixed use
Investment Type Net Lease

Units

Unit Mix 4 x 1BR
Multifamily Units 4

Building Details

Year Built 2026
Buildings 1
Stories 2
Units 7
Tenancy Multi
Listing Agency: Crye-Leike Real Estate
Listed By: Jeremiah Oltmans · License #EB00062094
Source: Crexi
Added: Jul 29 Changed: Aug 3 Last Checked: Aug 3 at 3:22AM

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

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.

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 For Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $200.2k $16.68
− Vacancy −$12.2k −$1.02
EGI $188.0k $15.66
− OpEx −$56.4k −$4.70
NOI $131.6k $10.96
12,000 SF · lease $16.68/SF/yr · vacancy 6.10% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.88M
$1.64M – $2.19M (±1% cap)
NOI $131,565 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$1.48M
$1.29M – $1.72M (±1% cap)
NOI $103,373 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$2.62M
$2.29M – $3.06M (±1% cap)
NOI $183,310 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm HVAC Service Skin Care Clinic Grocery & Convenience Store Accounting Firm

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

132
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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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 $1,950,000.
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
More about this property
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