Storefront with Salon
For Sale
$435,000
501 Highway 5 N, Benton, AR 72019
C-3 zoning and an adaptable interior support retail, salon, and professional office configurations.
Property Size2,251 SF
Price / SF$193.25
Days on Market50
Property Features for 501 Highway 5 N
General Information
Standard status
Active
Size
2,251 SF
Zoning
C-3
Taxes and HOA fees
Annual Taxes
$2,608
Listing Agency:
McGraw Realtors - Benton
(501) 443-8300
Listed By:
James Pianalto
(501) 317-0864
Source:
Exprealty
Added: Sep 15
Changed: Nov 3
Last Checked: Nov 3 at 8:22AM
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 McGraw Realtors - Benton
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property at 501 Highway 5 N features an adaptable commercial layout with an existing salon configuration occupying the left side. The interior can also be repositioned for a boutique retail concept or professional suites, including law, insurance, or medical office use as described in the property information.
The building is positioned across the road from Circle K and Hideaway Pizza within a commercial corridor. C-3 commercial retail zoning supports the property’s retail-oriented positioning and provides a foundation for multiple commercial configurations.
The building is positioned across the road from Circle K and Hideaway Pizza within a commercial corridor. C-3 commercial retail zoning supports the property’s retail-oriented positioning and provides a foundation for multiple commercial configurations.
Key Highlights
- C‑3 commercial retail zoning
- Existing salon configuration on the left side of the building
- Adaptable layout for boutique retail or professional suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,679
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,580
$493.6K
Cap Rate 7%
$352,557
$352.6K
Cap Rate 9%
$274,211
$274.2K
Market Conditions
NOI Build-Up for 2,251 SF
Gross rent
$37.5K $16.68/SF
− Vacancy
−$2.3K −$1.02/SF
EGI
$35.3K $15.66/SF
− OpEx
−$10.6K −$4.70/SF
NOI
$24.7K $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%
$493,580
Cap Rate 7%
$352,557
Cap Rate 9%
$274,211
Alternative Uses
Best Use
Retail
$352.6K
$308.5K – $411.3K
NOI $24,679 @ 7.0% cap · market cap 5.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$491.2K
$429.8K – $573.1K
NOI $34,386 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72019, AR
28,097
Population
11,926
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
173.2 sq mi
ZIP Area
162
Density / Sq Mi
$86,025
Median Household Income
$49,005
Median Earnings
$985
Median Rent
$248,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - C-3 zoning and an adaptable interior support retail, salon, and professional office configurations.
Where is this storefront property located?
The property is located at 501 Highway 5 N Benton, AR.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: C‑3 commercial retail zoning; Existing salon configuration on the left side of the building; Adaptable layout for boutique retail or professional suites
