Renovated
New
For Sale
$630,000
3215 Cardinal Creek Circle, Bentonville, AR 72712
Both residences are occupied and feature updated kitchens, refreshed baths, and three-bedroom layouts.
Property Size3,080 SF
Price / SF$204.55
Days on Market2
Property Features for 3215 Cardinal Creek Circle
General Information
Standard status
Active
Size
3,080 SF
Property subtype
Multi-Family
Building Details
Year Built
1992
Listing Agency:
Coldwell Banker Harris Mchaney & Faucette-Rogers
(479) 696-0600
Listed By:
The Moldenhauer Group
(479) 341-6413
Source:
Nwahomestore
Added: Sep 26
Last Checked: Sep 26 at 5:24AM
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 Coldwell Banker Harris Mchaney & Faucette-Rogers
Investment Insights
Based on property information with market context.
This 3,080-square-foot duplex contains two 1,540-square-foot residences, each arranged with three bedrooms and 2.5 bathrooms. Interior work includes luxury vinyl plank flooring, fresh paint, recessed lighting, updated electrical, refinished fireplaces, and modern fixtures. Kitchens have granite counters, repainted cabinets, vent hoods, and stainless or updated appliances; baths include tile flooring, refreshed vanities, new lighting, and tub-and-shower combinations. Both units are tenant-occupied. The 1992-built property also has a 0.62-acre lot with green space and paved parking.
At 3215 Cardinal Creek Circle in Bentonville, the duplex sits at the entrance to a single-family subdivision. Downtown Square, bike trails, and I-49 are described as minutes away. Capital improvements include a 2025 roof, a 2025 HVAC system for Unit B, a new Unit B deck, and a 2024 driveway drainage system.
At 3215 Cardinal Creek Circle in Bentonville, the duplex sits at the entrance to a single-family subdivision. Downtown Square, bike trails, and I-49 are described as minutes away. Capital improvements include a 2025 roof, a 2025 HVAC system for Unit B, a new Unit B deck, and a 2024 driveway drainage system.
Key Highlights
- Two tenant‑occupied units, each with 3 bedrooms, 2.5 bathrooms, and 1,540 square feet
- 3,080‑square‑foot duplex on a 0.62‑acre lot
- Interior updates include LVP flooring, recessed lighting, refinished fireplaces, and renovated kitchen and bath finishes
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
$28,113
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
4.46%
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%
$562,260
$562.3K
Cap Rate 7%
$401,614
$401.6K
Cap Rate 9%
$312,367
$312.4K
Market Conditions
NOI Build-Up for 3,080 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
$42.5K $13.80/SF
− Vacancy
−$2.3K −$0.76/SF
EGI
$40.2K $13.04/SF
− OpEx
−$12.0K −$3.91/SF
NOI
$28.1K $9.13/SF
Area
Benton County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$562,260
Cap Rate 7%
$401,614
Cap Rate 9%
$312,367
Alternative Uses
Best Use
Multifamily LT 5
$401.6K
$351.4K – $468.6K
NOI $28,113 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$358.4K
$313.6K – $418.1K
NOI $25,085 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$846.4K
$740.6K – $987.5K
NOI $59,248 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied and feature updated kitchens, refreshed baths, and three-bedroom layouts.
Where is this duplex located?
The property is located at 3215 Cardinal Creek Circle Bentonville, AR.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Two tenant‑occupied units, each with 3 bedrooms, 2.5 bathrooms, and 1,540 square feet; 3,080‑square‑foot duplex on a 0.62‑acre lot; Interior updates include LVP flooring, recessed lighting, refinished fireplaces, and renovated kitchen and bath finishes
