Gated Short-Term Rental
New
For Sale
$2,387,000
14746 W Highway 102, Decatur, AR 72722
CommercialSale, Decatur, AR
Property Size9,987 SF
Lot Size5.00 Acres
Price / SF$239.01
Days on Market3
Property Features for 14746 W Highway 102
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Residential
Rooms
Basement
Parking features
Open, Garage
Interior features
WiredForSound
Exterior features
Storage
Appliances
ElectricWaterHeater
Directions
W on AR-102 from Bentonville. Pass through Centerton and continue toward Decatur. Stay on AR-102 for about 19 miles total from Bentonville (about 5.1 miles west of Centerton). Look for iron gate on right.
Standard status
Active
APN
18-11325-003
Size
9,987 SF
Lot size
5.00 Acres
Taxes and HOA fees
Tax Description
STR 11-19-32
Tax Annual Amount
16487
Legal Description
STR 11-19-32
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Heat Pump (Heating), Central
Cooling system
Central Air, Heat Pump
Water source
Public
Amenities
private theater
game room
fitness room
spa retreat
wine cellar
pool
pool house
stocked pond
Building Details
Year built
2008
Flooring type
Concrete, Carpet, Wood, Tile
Building materials
Brick, Stucco
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Lindsey & Assoc Inc Branch
(479) 636-2200
Listed By:
Johnson Shapley Group
(479) 282-4500
Added: Sep 1
Changed: Sep 3
Last Checked: Sep 3 at 7:06AM
MLS# 1360942
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.
Investment Insights
Based on property information with market context.
Currently operated as an Airbnb, this custom-built short-term rental property combines substantial living space with features suited to entertaining and extended stays. The 9,987-square-foot residence was built in 2008 and includes Australian Cypress hardwood flooring, Italian marble, repurposed stained glass, a private theater, game room, fitness room, spa retreat, wine cellar, and broad indoor-outdoor gathering areas. A separate apartment above the garage provides additional accommodation and flexibility.
Set behind custom gates on 5 acres, the property includes an in-ground pool, pool house, landscaped grounds, countryside views, and a stocked pond beyond the pool. The grounds also offer room for horses, outdoor animals, recreation, and rural living. Located at 14746 W Highway 102 in Decatur, the property is approximately 19 minutes from downtown Bentonville. Construction includes brick and stucco, with a shingle roof, central and heat-pump systems, public water, septic service, and propane utilities.
Set behind custom gates on 5 acres, the property includes an in-ground pool, pool house, landscaped grounds, countryside views, and a stocked pond beyond the pool. The grounds also offer room for horses, outdoor animals, recreation, and rural living. Located at 14746 W Highway 102 in Decatur, the property is approximately 19 minutes from downtown Bentonville. Construction includes brick and stucco, with a shingle roof, central and heat-pump systems, public water, septic service, and propane utilities.
Key Highlights
- 5 acres with a custom‑gated setting in Decatur, AR
- 9,987 square feet; built in 2008
- Currently operated as an Airbnb short‑term rental
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$81,339
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,626,780
$1.6M
Cap Rate 7%
$1,161,986
$1.2M
Cap Rate 9%
$903,767
$903.8K
Market Conditions
NOI Build-Up for 9,987 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$157.0K $15.72/SF
− Vacancy
−$9.1K −$0.91/SF
EGI
$147.9K $14.81/SF
− OpEx
−$66.6K −$6.66/SF
NOI
$81.3K $8.14/SF
Area
Benton County, AR
Vacancy
5.80%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,626,780
Cap Rate 7%
$1,161,986
Cap Rate 9%
$903,767
Alternative Uses
Best Use
Apartment 5plus
$1.16M
$1.02M – $1.36M
NOI $81,339 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.74M
$2.40M – $3.20M
NOI $192,115 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 72722, AR
3,087
Population
1,208
Households
2.6
Avg Household Size
36
Median Age
19%
College-Educated
81%
High-School Grad
39.4 sq mi
ZIP Area
78
Density / Sq Mi
$52,333
Median Household Income
$41,343
Median Earnings
$788
Median Rent
$178,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Short term rental property - Custom-built property with resort-style amenities, a garage apartment, and flexible indoor-outdoor living areas.
Where is this short term rental property located?
The property is located at 14746 W Highway 102 Decatur, AR.
What is the asking price?
The asking price for this property is $2,387,000.
What are key features of this property?
This property features: 5 acres with a custom‑gated setting in Decatur, AR; 9,987 square feet; built in 2008; Currently operated as an Airbnb short‑term rental
