Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2.13 Acres Boone Rd Benton, AR 72015
    Property profile & analytics

    2.13 Acres Boone Rd Benton, AR 72015

    View on Map
    • Specialty properties
    • 92,783 SF
    • 2.13 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 2.13 Acres Boone Rd

    Lot size
    2.13 lot acres
    Property size
    92,783 SF
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 2.13-acre commercial land parcel, located at 2.13 acres Boone Rd, Benton, AR 72015, presents a unique development opportunity. Zoned C3, this property boasts a substantial 92,783 square feet and enjoys a prime location on Boone Road, offering easy access to Interstate 30. Its strategic position provides convenient access to both Little Rock and Hot Springs, making it highly attractive for a variety of commercial ventures. The property is easily accessible, following a straightforward route from I-30 Exit 121. The site's high visibility and convenient location make it ideal for businesses seeking maximum exposure. This is a land-only sale, presenting a blank canvas for developers to realize their vision. The seller notes that adjoining parcels are also available for purchase, presenting the potential for larger-scale development projects. This presents a rare opportunity to acquire a significant commercial land holding in a rapidly growing area. The property's potential is further enhanced by its proximity to major transportation arteries and its location within a thriving commercial corridor. Serious inquiries are encouraged to explore the possibilities of this exceptional property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Saline
    State
    Arkansas
    Longitude
    -92.5331
    Latitude
    34.5957

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      213 Narroway

      Land • 2,126 SF
      213 Narroway, Benton, AR 72015
      View Details
    • Value Estimation by Request
      3.96 Acres

      3.96 Acres Interstate 30

      Land • 172,498 SF
      0 3.96 Acres Interstate 30, Benton, AR 72015
      View Details
    • Value Estimation by Request
      13.18 Acres

      13.18 Acres Interstate 30

      Land • 574,121 SF
      0 13.18 Acres Interstate 30, Benton, AR 72015
      View Details
    • Value Estimation by Request
      0.75 Acres

      5905 Alcoa Rd

      Land • 0.75 Acres
      5905 Alcoa Rd, Benton, AR 72015
      View Details
    • Value Estimation by Request
      15.31 Acres

      15.31 Acres Interstate 30

      Land • 666,904 SF
      0 15.31 Acres Interstate 30, Benton, AR 72015
      View Details
    • Value Estimation by Request
      8.60 Acres

      8.6 Acres Interstate 30

      Land • 374,616 SF
      0 8.6 Acres Interstate 30, Benton, AR 72015
      View Details

    Similar Nearby for Sale

    • $1,200,000
      20.00 Acres

      20 Acres in Haskell, AR

      20 acres with great access and unlimited possibilities.
      20 Acre Riv Rd, Haskell, AR 72015
      View Details
    • $99,000
      2.02 Acres

      Benton Land with Shop

      2.02 acres with 40x50 shop, versatile and functional.
      1722 Sorrel, Benton, AR 72015
      View Details
    • $52,900

      Land For Sale

      Land available in Harmony Village, Benton, AR.
      91 Harmony Village Dr, Benton, AR 72015
      View Details
    • $679,000
      Pending

      Corner Land Parcel For Sale

      Corner land parcel available on Alcoa Road in Benton, AR.
      000 Alcoa Rd, Benton, AR 72015
      View Details
    • $370,000
      0.81 Acres

      Prime Benton Land - 0.81 Acres

      Development Opportunity in Benton, AR
      2150 Congo Rd, Benton, AR 72015
      View Details
    • $179,000
      1,383 SF

      Ranch Home with Commercial Potential

      Ranch home near Harmony Grove School with commercial potential.
      2326 Highway 229, Haskell, AR 72015
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      10,750 SF

      Retail Space in Hickory Square

      10,750 SF retail space for lease in Benton, Arkansas.
      17270 I-30 N, Benton, AR 72015
      View Details
    • $22 SF/Yr

      Medical Office Space in Benton

      Class A medical office space available for rent in Benton.
      3 Medical Park Dr, Benton, AR 72015
      View Details
    • Contact for pricing
      3,600 SF

      Retail Space in Benton, AR

      3,600 SF retail space available for lease.
      1426-1528 Military Rd, Benton, AR 72015
      View Details
    • $3,562 /Mo

      Benton Warehouse Space For Lease

      14,708 SF warehouse in central Benton with I-30 access.
      207-211 Edison Ave, Benton, AR 72015
      View Details
    • $22 SF/Yr
      3,047 SF

      Medical Office Near I-30

      Class A medical office space with easy highway access.
      5 Medical Park Dr, Benton, AR 72015
      View Details
    • $28 SF/Yr

      Retail Space in Hurricane Creek

      Retail space in high-traffic area near I-30 and Hwy 5.
      20770 Interstate 30, Benton, AR 72015
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2.13 Acres Boone Rd
    Benton, AR 72015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2.13 Acres Boone Rd, Benton, AR, 72015
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!