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    987 Elk Rd Bentonville, AR 72713

    For Sale
    $3,700,000

    Development Potential - Bentonville, AR

    Lot size:
    8.38 Acres
    Days on Market:
    258
    Last Refresh:
    Dec 14 at 7:06 pm

    Property Features for 987 Elk Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    05-10052-000
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    8.38 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Harris McHaney Faucette - Rogers (479) 696-0600

    Listing agent Donna Bermingham (479) 696-0600

    Listing date Apr 1, 2025

    MLS# 1263379 Listing URL

    Copyright © 2025 Northwest Arkansas Board of REALTORS®. 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 Development Potential

    This 8.38-acre property, located within 5 minutes of Walmart AMP and shopping in Bentonville, Arkansas, presents a development opportunity. The land features a large pond, walnut trees, and room for a private estate. The property is located in a desirable area and offers development potential. Existing homes on the land are not assigned any value. Part of the property is within Cave Springs limits. The property is sold as-is, without disclosures or repairs. Buyers are responsible for due diligence regarding schools and zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bentonville
    County
    Benton
    State
    Arkansas
    Longitude
    -94.214935
    Latitude
    36.320267

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    FAQs

    What type of property is this?
    Land - 8.38 acres near Walmart AMP with development potential.
    Where is this land located?
    The property is located at 987 Elk Rd Bentonville, AR.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: - 8. 38 acres of land in a highly desirable and prestigious area.; - Development potential for a large project.; - Conveniently located, just 5 minutes from Walmart AMP and shopping.
    (479) 696-0600
    Request Owner's contact information
    987 Elk Rd Bentonville, AR 72713
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    Bentonville, AR 72713
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    Realmo Value Estimation

    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.

    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.

    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
    987 Elk Rd Bentonville, AR 72713
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