Flex Space with Metal
For Sale
$420,000
910 W South Street, Benton, AR 72015
Two connected parcels offer an established commercial structure and room for additional site use.
Property Size2,100 SF
Lot Size0.45 Acres
Price / SF$200
Days on Market29
Property Features for 910 W South Street
General Information
Standard status
Active
Size
2,100 SF
Total Parking Spaces
10
Lot size
0.45 Acres
Property subtype
Commercial
Zoning
Other(See Remarks)
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Building Details
Building Size
2,100 SF
Year Built
1997
Buildings
1
Stories
1
Construction
metal building
Listing Agency:
Baxley-Penfield-Moudy Realtors
(501) 519-2314
Listed By:
Vicki Baldridge
(501) 519-2314
Source:
Proeliterealty
Added: Jul 23
Changed: Aug 18
Last Checked: Aug 19 at 2:04PM
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 Baxley-Penfield-Moudy Realtors
Investment Insights
Based on property information with market context.
This flex property includes a 30 x 70 metal building constructed in 1997, along with a separate vacant lot. The building has previously accommodated a barber shop and a used car dealership, providing documented flexibility for commercial occupancy. Zoning is identified as Other (See Remarks).
The property is located at 910 W South Street in Benton, Arkansas, on approximately 0.45 acres. The additional land can support outdoor display, parking, expansion, or future development, subject to applicable approvals. The configuration combines an existing commercial building with an adjoining open parcel for businesses needing both enclosed space and usable land.
The property is located at 910 W South Street in Benton, Arkansas, on approximately 0.45 acres. The additional land can support outdoor display, parking, expansion, or future development, subject to applicable approvals. The configuration combines an existing commercial building with an adjoining open parcel for businesses needing both enclosed space and usable land.
Key Highlights
- 30 x 70 metal building constructed in 1997
- Approximately 0.45 acres across the commercial property
- Includes an additional vacant lot
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
$23,024
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
5.48%
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%
$460,480
$460.5K
Cap Rate 7%
$328,914
$328.9K
Cap Rate 9%
$255,822
$255.8K
Market Conditions
NOI Build-Up for 2,100 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
$35.0K $16.68/SF
− Vacancy
−$2.1K −$1.02/SF
EGI
$32.9K $15.66/SF
− OpEx
−$9.9K −$4.70/SF
NOI
$23.0K $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 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%
$460,480
Cap Rate 7%
$328,914
Cap Rate 9%
$255,822
Alternative Uses
Best Use
Retail
$328.9K
$287.8K – $383.7K
NOI $23,024 @ 7.0% cap · market cap 5.48%
Second Best
Flex RnD
$175.6K
$153.7K – $204.9K
NOI $12,292 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$458.3K
$401.0K – $534.7K
NOI $32,079 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two connected parcels offer an established commercial structure and room for additional site use.
Where is this flex space located?
The property is located at 910 W South Street Benton, AR.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 30 x 70 metal building constructed in 1997; Approximately 0.45 acres across the commercial property; Includes an additional vacant lot
