901 Edison AveBenton, AR 72015

For Sale
$1,400,000 View listing
  • Grocery and convenience stores
  • 1,608 SF

Property Details for 901 Edison Ave

Year built
2004
Property size (Sq ft)
1,608 SF
Property type
Grocery and convenience stores
APN
800-53862-000
APU
80053862000

Description

This turnkey convenience store and gas station, located at 901 Edison Avenue in Benton, Arkansas, presents a compelling investment opportunity. The 1,432 square foot property, built in 2004, sits on a 0.51-acre lot and boasts 100% occupancy. The business benefits from an established customer base, ensuring consistent revenue streams. Its prime location on a high-traffic road sees 14,000 vehicles daily, providing excellent visibility and accessibility. The property includes all necessary licenses, permits, and equipment for immediate operation, minimizing the transition time for the new owner. The existing product offerings provide a solid foundation, with opportunities to expand and cater to the growing customer base. Situated near Little Rock, Benton offers a thriving suburban lifestyle with easy access to urban amenities and a diverse economy. The asking price is $1,400,000, translating to $977.65 per square foot. Tax incentives for C-store owners and real estate investors, including property tax deductions and depreciation benefits, further enhance the return on investment. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable location. The property is zoned for retail use and is a single-tenant operation under the Benton C-Store brand. The strong local economy and proximity to Little Rock, Arkansas, contribute to the long-term viability of this investment. This is a fully equipped, ready-to-operate business, ideal for an owner-user seeking immediate returns and future expansion possibilities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $375,713
    6.5%
    $346,812
    7%
    $322,040
  • Comparable approach

    Method
    Valuation
    Relative Method
    $289,851
    Geo Method
    $289,851
  • Alternative Use

    Use
    Valuation
    Residential
    $292,549
    Hospitality
    $267,973
    Educational
    $222,951
    Medical
    $230,618
    Retail
    $346,812
901 Edison Ave, Benton, Arkansas
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Location Insight

City
Benton
County
Saline
State
Arkansas
Latitude
34.5571
Longitude
-92.5773
CBSA code
30780
CBSA name
LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,066
$8,400
$28,032
$36,432
-
$42,000
$140,160
$182,160

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