Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Tract 1 S Hendrix Road lot 1 Bentonville, AR 72713

    View on Map
    For Sale
    $399,900

    LAND - Bentonville, AR

    Lot size:
    10.12 Acres
    Added:
    Jun 6, 2024
    Days on Market:
    672
    Last Refresh:
    Apr 8 at 7:06 am

    Property Features for Tract 1 S Hendrix Road lot 1

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    18-08453-006
    Lot size
    10.12 Acres

    Taxes and HOA fees

    Tax Description
    A PART OF THE SE1/4 OF THE SW1/4 OR SECTION 16, AND A PART OF THE S1/2 OF THE SE1/4 OF SECTION 18, AND THE NW1/4 OF THE SE1/4 OF SECTION 16, AND PART OF THE SECTION 21, AND A PART OFTHE NE1/4 OF THE NE1/4 OF SECTION 21, ALL IN T-18-N, R-31-W, BENTON COUNT

    Utilities

    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    Heather Campbell

    Listing agent Heather Campbell License #SA00063918

    Listing office Weichert, REALTORS Griffin Company Bentonville 3301 S Walton Blvd, Suite 1, Springdale, AR

    Listing date Jun 6, 2024

    MLS# 1277794

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bentonville Land with Utilities Access

    This wooded land for sale in Bentonville features gently rolling terrain. Electric and water utilities are available at the street. The property contains mature oak and native trees. It is located within the Bentonville School District. The property is close to the new Arkansas XNA Connector (Job 090069) off of Hwy 612, providing easy access to all of Northwest Arkansas. Access to the property is available off Hendrix Road or via a road easement off the corner of Hendrix Road and Haden Road. The lot size is 10.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Auto Repair Shop Kitchen & Bath Showroom Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Bentonville
    County
    Benton
    State
    Arkansas
    Longitude
    -94.296262
    Latitude
    36.24977

    Nearby Similar for Sale

    • $982,800
      3,024 SF

      Finished Office Space Near Downtown

      Income-producing flex space near downtown and Walmart Headquarters.
      1133 NW J Street, Bentonville, AR 72712
      View Details
    • $769,000
      1,176 SF

      Renovated Building on High-Traffic Corridor

      Commercial opportunity with renovated building in high-visibility location.
      7642 SW Regional Airport BLVD, Bentonville, AR 72713
      View Details
    • $5,000,000
      9,584 SF

      Class A Office Building

      Premier office space centrally located between Bentonville and Rogers.
      3103 SE Moberly Lane, Bentonville, AR 72712
      View Details
    • $2,500,000
      6,514 SF

      Bentonville Office/Retail Redevelopment Opportunity

      Prime Bentonville location near Walmart Home Office with redevelopment potential.
      910 SE 14th Street, Bentonville, AR 72712
      View Details
    • $990,000
      3,046 SF

      Land Near Walmart Home Office

      Move-in ready property near Walmart HQ with redevelopment potential.
      2104 Delwhite DR, Bentonville, AR 72712
      View Details
    • $995,000

      Downtown Bentonville Development Opportunity

      Prime RC-2 zoned land near Bentonville Square.
      504 SW E Street lot: 6, Bentonville, AR 72712
      View Details
    • $2,750,000
      6,000 SF

      Bentonville Office and Warehouse Space

      Downtown Bentonville office and warehouse near Arts District and amenities.
      107 SW 7th Street, Bentonville, AR 72712
      View Details
    • $1,499,000
      2,281 SF

      Bentonville Redevelopment Opportunity Near Walmart

      Prime 1-acre parcel suited for office or medical development.
      2602 E Battlefield Boulevard, Bentonville, AR 72712
      View Details
    • $550,000

      Bentonville Land Near XNA Airport

      2.72 acres near XNA, ideal for development.
      SW Regional Airport Boulevard lot: 4, Bentonville, AR 72712
      View Details
    • $4,250,000
      14,388 SF

      Renovated Office Building in Bentonville

      Recently renovated 14,388 sq ft office building for sale.
      210 SE 34th Street, Bentonville, AR 72712
      View Details
    • $4,950,000
      18,285 SF

      High-Visibility Commercial Corridor Opportunity

      Portfolio in prime location with strong potential and high exposure.
      2003 & 2005 SE Walton Boulevard, Bentonville, AR 72712
      View Details
    • $995,000

      Bentonville Land Investment Opportunity

      High-potential land near Walmart Home Office, Bentonville, Arkansas.
      SW 28th Street lot: 2, Bentonville, AR 72712
      View Details

    FAQs

    What type of property is this?
    Land - Wooded land in Bentonville with utilities and school district.
    Where is this land located?
    The property is located at Tract 1 S Hendrix Road lot 1 Bentonville, AR.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: Bentonville School District and Bentonville Address; Wooded land with mature trees and multiple home site locations; Utilities available: Electric and Water at the street
    (479) 366-3026
    We can help!
    Listing Contact
    Heather Campbell
    Real Estate License ID: SA00063918
    Learn More
    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.
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!