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

    404 SW Regional Airport BLVD Unit #Lot 2 Bentonville, AR 72713

    View on Map
    For Sale
    $2,999,000

    Other - Bentonville, AR

    Property size:
    10,160 SF
    Lot size:
    2.01 Acres
    Added:
    Aug 18, 2025
    Days on Market:
    227
    Last Refresh:
    Apr 1 at 5:06 pm

    Property Features for 404 SW Regional Airport BLVD Unit #Lot 2

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    01-05277-000
    Size
    10,160 SF
    Lot size
    2.01 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    2010
    Flooring type
    Laminate, Vinyl, Wood
    Building materials
    Masonite, Stucco
    Roof type
    Metal, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Salmonsen Group Realtors

    Listing agent Salmonsen Group Realtors

    Listing office Keller Williams Market Pro Realty Bentonville West 201 SW 14th St. Suite 203, Fayetteville, AR

    Listing date Aug 18, 2025

    MLS# 1318000 Listing URL

    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

    Turnkey Event Venue Opportunity

    This impressive +/- 10,000 square foot event venue is situated on +/- 2 acres in Bentonville. Currently operating as a wedding venue, it features a spacious caterer’s kitchen, an elegant event space, and a flexible layout suited for weddings, corporate events, banquets, concerts, and community gatherings. The property has ample parking and room for both indoor and outdoor events. It is positioned next to the Bentonville Municipal Airport, 2 miles from I-49, 3 miles from Walmart's new World HQ, and 10 miles from XNA. The commercial property is suited for continued revenue generation or reimagining for a new business venture. Parcel is subject to lot split approval from City of Bentonville. A future shared access agreement is to be created and recorded at closing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    Map

    City
    Bentonville
    County
    Benton
    State
    Arkansas
    Longitude
    -94.2088172
    Latitude
    36.3728538

    Nearby Similar for Sale

    • $982,800
      3,024 SF

      Bentonville Office and Retail Space

      Income-producing flex space near downtown Bentonville and Walmart Headquarters.
      1133 NW J ST, Bentonville, AR 72712
      View Details
    • $29
      4,000 SF

      Move-in Ready Medical Office Space

      Premier medical office space in a prime Bentonville location.
      706 S Walton BLVD Unit #8, 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
    • $35
      9,584 SF

      Bentonville Office Space on I-49

      Class A office space near Sam’s and Walmart Home Offices.
      3103 SE Moberly LN, Bentonville, AR 72712
      View Details
    • $5,000,000
      9,584 SF

      Class A Office Space

      Premier office space centrally located between Bentonville and Rogers.
      3103 SE Moberly LN, Bentonville, AR 72712
      View Details
    • $11
      8,812 SF

      Bentonville Warehouse with Office Space

      Heated warehouse with offices, near major thoroughfares.
      8110 W Ford Springs RD, Bentonville, AR 72712
      View Details
    • $28
      3,203 SF

      Bentonville Retail Space Available

      Highly visible retail space in a thriving commercial hub.
      700 SE Walton BLVD Unit #6, Bentonville, AR 72712
      View Details
    • $1,499,000
      2,281 SF

      Bentonville Office Redevelopment Opportunity

      Prime 1-acre parcel near Walmart Home Office.
      2602 E Battlefield BLVD, Bentonville, AR 72712
      View Details
    • $12
      12,000 SF

      New Bentonville Warehouse/Flex Building

      New 12,000 SF warehouse/flex space near Highway 264.
      1894 E 1st AVE Unit #1900, Bentonville, AR 72713
      View Details
    • $3,000
      10,209 SF

      Bentonville Office Space Available

      Prime Bentonville office space with flexible layout for sale.
      1601 SW A ST, Bentonville, AR 72712
      View Details
    • $750
      10,209 SF

      Bentonville Office Space Available

      Prime Bentonville location, turnkey office space with shared amenities.
      1601 SW A ST, Bentonville, AR 72712
      View Details
    • $1.00
      88,000 SF

      Bentonville Office Building Near Walmart

      88,000 SF office building near business hub and Walmart.
      2914 SE I ST, Bentonville, AR 72712
      View Details

    FAQs

    What type of property is this?
    Wedding venue - Event venue in prime Bentonville location, ready for immediate operation.
    Where is this wedding venue located?
    The property is located at 404 SW Regional Airport BLVD Unit #Lot 2 Bentonville, AR.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: Turnkey event venue opportunity in a prime Bentonville location.; Spacious +/- 10,000 SF venue on +/- 2 acres with flexible layout.; Equipped with a spacious caterer's kitchen and elegant event space.
    (479) 718-2800
    We can help!
    Listing Contact
    Salmonsen Group Realtors
    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!