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    321 Highway 5 Benton, AR 72019

    Sponsored
    For Sale
    $550,000

    High-traffic, 0.66-acre lot, approved building plan.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.66-acre commercial lot in Benton, Arkansas, presents a unique investment opportunity. Located at 321 Hwy 5 N, this property boasts a prime location in a high-traffic area with exceptional visibility and easy access to major roads and highways. Currently zoned for commercial use, the site is ready for immediate development. A city-approved site plan for a 7,848 square foot building is already in place, streamlining the development process and minimizing upfront planning costs. The existing house on the property will require demolition, offering a blank canvas for your vision. Surrounded by thriving businesses, this location benefits from high vehicle traffic and close proximity to popular amenities, ensuring strong potential for high return on investment. The area is experiencing significant commercial growth, with ongoing road expansion projects further enhancing accessibility and attracting new businesses. Utilities are readily available, making this a turnkey opportunity for retail, office, or other commercial ventures. Invest in this booming area and capitalize on the exceptional potential of this premium location. The asking price is $550,000. The property is located in Saline County, Arkansas, zip code 72019.

    Property Features for 321 Highway 5

    General Information

    Property type
    Retail properties
    Lot Size
    28,750 SF

    HighLights

    • Approved site plan for a 7,848 square foot building in Benton.
    • Excellent Benton location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Saline
    State
    Arkansas
    Longitude
    -92.5504833
    Latitude
    34.6014225

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    FAQs

    What type of property is this?
    Retail property - High-traffic, 0.66-acre lot, approved building plan.
    Where is this retail property located?
    The property is located at 321 Highway 5 Benton, AR.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Approved site plan for a 7,848 square foot building in Benton.; Excellent Benton location.;
    Request Owner's contact information
    321 Highway 5 Benton, AR 72019
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    Benton, AR 72019
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    321 Highway 5 Benton, AR 72019
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