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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    16824 Interstate 30th N Benton, AR 72019-2902

    • Grocery and convenience stores
    • 1,200 SF
    • 0.60 lot acres
    OFF-MARKET
    Last Sale
    Nov 27, 2023
    $550,000
    Value Estimations
    $535,000
    Show details
    Cap Rate Potential
    2.5%
    Grocery and convenience stores
    Location Intelligence
    Property ID
    US05-0272222
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 16824 Interstate 30th N

    Lot size
    0.60 lot acres
    Property size
    1,200 SF
    Property type
    Grocery and convenience stores
    APN
    805-15871-000
    APU
    80515871000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $495,000
      ML approach
      $525,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $553,000
      Market price range: $307k - $731k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Benton
    County
    Saline
    State
    Arkansas
    Longitude
    -92.5894
    Latitude
    34.5748
    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
    $2,647
    $26,136
    $20,541
    $46,677
    -
    $130,680
    $102,705
    $233,385

    Comparable in this City

    • Value Estimation
      $760,000
      3,500 SF

      1517 Long Hls Rd

      CONVENIENCE STORE • 3,500 SF
      1517 Long Hls Rd, Benton, AR 72019-1781
      View Details
    • Value Estimation by Request
      1,900 SF

      17250 Hwy 5th 5

      CONVENIENCE STORE • 1,900 SF
      17250 Hwy 5th 5, Benton, AR 72019-7133
      View Details
    • Value Estimation
      $3,465,000
      5,504 SF

      11580 Hwy 70

      CONVENIENCE STORE • 5,504 SF
      11580 Hwy 70, Benton, AR 72019-6564
      View Details
    • Value Estimation
      $2,240,000
      7,584 SF

      7801 Alcoa Rd

      CONVENIENCE STORE • 7,584 SF
      7801 Alcoa Rd, Benton, AR 72019-6322
      View Details
    • Value Estimation
      $1,065,000
      4,075 SF

      2908 Congo Rd

      CONVENIENCE STORE • 4,075 SF
      2908 Congo Rd, Benton, AR 72019-1944
      View Details
    • Value Estimation
      $3,545,000
      3,060 SF

      1220 Hwy 35th N

      CONVENIENCE STORE • 3,060 SF
      1220 Hwy 35th N, Benton, AR 72019-2328
      View Details

    Similar Nearby for Sale

    • $589,000
      2,340 SF

      Benton, AR Building and Land

      Building and land suitable for motel, store, or restaurant.
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      Highway 5 Commercial Property, Benton

      Versatile commercial property on Highway 5, ideal for various uses.
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    • Contact for pricing
      1.39 Acres

      Bryant Retail Outlot - I-30 Access

      High-traffic retail outlot, 1.39 acres.
      I-30 And Alcoa Rd, Kentucky, AR 72019
      View Details
    • $550,000
      0.66 Acres

      Prime Benton Commercial Land

      High-traffic, 0.66-acre lot, approved building plan.
      321 Highway 5, Benton, AR 72019
      View Details
    • $4,915,000
      351,094 SF

      Hwy 5 Benton Commercial Complex

      Prime Benton, AR mixed-use investment opportunity.
      2479 Ar-5, Benton, AR 72019
      View Details
    • Contact for pricing
      1,592,554 SF

      I-30 Benton Retail Powerhouse

      High-traffic retail center, prime location.
      0 Alcoa Rd, Benton, AR 72019
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,560 SF

      Retail Space in Thriving Center

      Retail space in a high-traffic, well-established shopping center.
      20400 Interstate 30 N, Benton, AR 72019
      View Details
    • Contact for pricing

      Commercial Land Available For Lease

      Commercial outlots for lease at Alcoa Road and Highway 5.
      7800 Alcoa Rd, Benton, AR 72019
      View Details
    • Contact for pricing
      100,188 SF

      Prime Benton, AR Commercial Land

      2.3 Acres, Build-to-Suit Opportunity
      0 Congo Rd, Benton, AR 72019`
      View Details
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    Benton, AR 72019-2902
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    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
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