Live-Work Property with Retail
For Sale
$1,199,000
14Th SE 2202 SE 14Th Street, Bentonville, AR 72712
Commercially zoned property combines a residence with an attached retail and office area.
Property Size2,368 SF
Price / SF$506.33
Days on Market11
Property Features for 14Th SE 2202 SE 14Th Street
General Information
Standard status
Active
Size
2,368 SF
Property subtype
Commercial/Industrial
Zoning
COMMERCIAL
Site & Location
Traffic Count
35,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$646
Building Details
Year Built
1979
Listing Agency:
eXp Realty NWA Branch
(479) 899-8339
Listed By:
Joe Ross · License #SA00084916
(479) 899-8339
Source:
Exitrealty
Added: Aug 20
Changed: Aug 29
Last Checked: Aug 29 at 1:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty NWA Branch
Investment Insights
Based on property information with market context.
This Bentonville property combines a residential component with an attached retail and office area, creating a live-work configuration for owner occupancy and business use. The residence contains 1,884 square feet, while the attached commercial portion adds 484 square feet, for a total property size of 2,368 square feet. Built in 1979, the property is zoned commercial.
The site is positioned across from the new campus and near I-49, with reported daily traffic of 35,000. Its location provides direct exposure to passing vehicles and places the property within the immediate campus-area commercial environment. The attached retail and office space supports a range of business configurations while maintaining a separate residential component on the same property.
The site is positioned across from the new campus and near I-49, with reported daily traffic of 35,000. Its location provides direct exposure to passing vehicles and places the property within the immediate campus-area commercial environment. The attached retail and office space supports a range of business configurations while maintaining a separate residential component on the same property.
Key Highlights
- 2,368‑square‑foot live‑work property with residential and commercial components
- 1,884‑square‑foot residence paired with 484 square feet of retail/office space
- Commercial zoning supports the property's combined residential and business configuration
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
$36,746
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
3.06%
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%
$734,920
$734.9K
Cap Rate 7%
$524,943
$524.9K
Cap Rate 9%
$408,289
$408.3K
Market Conditions
NOI Build-Up for 2,368 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
$52.6K $22.20/SF
− Vacancy
−$3.6K −$1.51/SF
EGI
$49.0K $20.69/SF
− OpEx
−$12.2K −$5.17/SF
NOI
$36.7K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
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%
$734,920
Cap Rate 7%
$524,943
Cap Rate 9%
$408,289
Alternative Uses
Best Use
Office B
$524.9K
$459.3K – $612.4K
NOI $36,746 @ 7.0% cap · market cap 3.06%
Second Best
Retail
$384.8K
$336.7K – $449.0K
NOI $26,939 @ 7.0% cap · market cap 2.25%
Theoretical Best
Office A
$650.7K
$569.4K – $759.2K
NOI $45,552 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
35,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,017
Businesses Nearby
Explore this area
Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Commercially zoned property combines a residence with an attached retail and office area.
Where is this live-work space located?
The property is located at 14Th SE 2202 SE 14Th Street Bentonville, AR.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 2,368‑square‑foot live‑work property with residential and commercial components; 1,884‑square‑foot residence paired with 484 square feet of retail/office space; Commercial zoning supports the property's combined residential and business configuration
