Mixed-Use Property with Warehouse
For Sale
$350,000
226 S East St, Benton, AR 72015
The lower level contains 18 finished offices, while an unfinished upper floor offers room for additional build-out.
Property Size5,100 SF
Price / SF$68.63
Days on Market8
Property Features for 226 S East St
General Information
Standard status
Active
Size
5,100 SF
Taxes and HOA fees
Annual Taxes
$9,250
Building Details
Buildings
1
Stories
3
Listing Agency:
IRealty Arkansas - Benton
(501) 778-7355
Listed By:
Constance Grifford
(501) 317-5371
Source:
Exprealty
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 15 at 2:08AM
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 IRealty Arkansas - Benton
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,100-square-foot mixed-use property at 226 S East St includes 18 finished office spaces on the lower level alongside warehouse area. The upper level is unfinished and may accommodate further build-out. HVAC is installed on the main level only, and the property is being sold as-is.
The property is located in downtown Benton, Arkansas. Its existing combination of office and warehouse space is complemented by the unfinished upper floor.
The property is located in downtown Benton, Arkansas. Its existing combination of office and warehouse space is complemented by the unfinished upper floor.
Key Highlights
- 5,100‑square‑foot mixed‑use property in downtown Benton
- 18 finished office spaces on the lower level
- Warehouse space included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,879
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$557,580
$557.6K
Cap Rate 7%
$398,271
$398.3K
Cap Rate 9%
$309,767
$309.8K
Market Conditions
NOI Build-Up for 5,100 SF
Gross rent
$35.5K $6.96/SF
− Vacancy
−$2.7K −$0.53/SF
EGI
$32.8K $6.43/SF
− OpEx
−$4.9K −$0.96/SF
NOI
$27.9K $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 Rate 5%
$557,580
Cap Rate 7%
$398,271
Cap Rate 9%
$309,767
Alternative Uses
Best Use
Office B
$837.1K
$732.4K – $976.6K
NOI $58,595 @ 7.0% cap · market cap 16.74%
Second Best
Mixed Use
$553.0K
$483.9K – $645.2K
NOI $38,709 @ 7.0% cap · market cap 11.06%
Theoretical Best
Office A
$1.11M
$973.8K – $1.30M
NOI $77,907 @ 7.0% cap · market cap 22.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
833
Businesses Nearby
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 Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The lower level contains 18 finished offices, while an unfinished upper floor offers room for additional build-out.
Where is this mixed-use property located?
The property is located at 226 S East St Benton, AR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 5,100‑square‑foot mixed‑use property in downtown Benton; 18 finished office spaces on the lower level; Warehouse space included
