609 Military Rd Benton, AR 72015
- Drug stores
- 13,321 SF
- 2.16 lot acres
Current Use by Public Records
- UPS Access Point location / Shipping And Mailing Service / Mailing Service
Property Details for 609 Military Rd
- Year built
- 2016
- Lot size
- 2.16 lot acres
- Property size
- 13,321 SF
- Property type
- Drug stores
- APN
- 800-15400-000
- APU
- 80015400000
Description
This exceptional freestanding retail property, formerly a CVS Pharmacy, presents a unique investment opportunity in Benton, Arkansas. Located at 609 Military Rd, this single-tenant building boasts a substantial 13,321 square feet of vacant space, ready for immediate occupancy. The property sits on a generous 2.16-acre lot, providing ample parking and visibility for any business. Its strategic location in Saline County, with easy access from Military Road, ensures high traffic volume and excellent exposure to potential customers. The building's previous use as a pharmacy suggests suitability for a variety of retail uses, potentially including medical, convenience, or other similar businesses. The property's size and layout offer flexibility for customization to meet the specific needs of a new tenant. The building is currently completely vacant, presenting a blank canvas for a new business to establish a strong presence in the Benton market. This is a rare opportunity to acquire a well-located, sizable retail space in a thriving community. The property's high visibility and ample parking make it an ideal location for a business seeking maximum exposure and customer convenience. The 72015 zip code offers access to a strong local customer base. This property is ready for immediate development and occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $435,000
- 6.5%
- $410,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $415,000
- Geo Method
- $460,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $425,000
- Mixed-Use
- $380,000
- Hospitality
- $480,000
- Educational
- $390,000
- Residential Income
- $490,000
- Energy
- $355,000
- Income-Based Land
- $365,000
- Food Service
- $470,000
Location Insight
- Map
- Local Demand
- City
- Benton
- County
- Saline
- State
- Arkansas
- Longitude
- -92.5847
- Latitude
- 34.5691
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
