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    4 Acres Tract 5 Farrar Road, Bentonville, AR 72713

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    Claim this Listing
    New
    For Sale
    $499,900

    LAND - Bentonville, AR

    Lot size:
    4.00 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 3:06 pm

    Property Features for 4 Acres Tract 5 Farrar Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    18-08132-000
    Lot size
    4.00 Acres

    Taxes and HOA fees

    Tax Description
    TRACT 5 OF A TRACT SPLIT SURVEY FILED FOR RECORD MAY 5, 2022 IN/AS INSTRUMENT NO. L202230311 AND CORRECTION SURVEY FILED MARCH 31, 2023 IN/AS INSTRUMENT NO. L202315308
    Tax Annual Amount
    2305

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    Mitzi Taylor
    Mitzi Taylor

    Listing agent Mitzi Taylor License #PB00050303

    Listing office EXIT Taylor Real Estate 3201 NE 11th St Ste 1, Bentonville, AR

    Listing date Jun 3, 2026

    MLS# 1349700 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.

    HighLights

    • Approximately 4 acres just beyond city limits, offering space for a custom home, small farm, or country living.
    • Bentonville School District.
    • Electricity is available at the road.
    • Private well is needed for water supply.
    • Septic system is needed for sewer.

    Overview

    This offering is an approximately four-acre land tract suited for buyers looking to build a custom home and maintain a rural, small-farm lifestyle. The property is positioned just beyond the city limits and is described as a peaceful country setting. Electricity is available at the road, while a private well and septic system will be required for water and wastewater service.

    The tract is located in the Bentonville area, within the Bentonville School District. The property is described as being just minutes from XNA Airport and The Creeks Golf Course, with Highway 264 only a short distance away. Nearby access to everyday destinations is a key part of the offering, balancing convenience with a quieter environment.

    For owner-builders and agricultural-minded buyers, this land provides the acreage needed to design a residence alongside a small farming use. Since utilities are limited to electricity at the road and private well and septic are required, prospective buyers should plan for on-site utility development. Overall, it’s a straightforward rural land opportunity for those prioritizing customization and privacy while staying within reach of Bentonville-area amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Showroom Grocery & Convenience Store Garden Center Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bentonville
    County
    Benton
    State
    Arkansas
    Longitude
    -94.247114
    Latitude
    36.264927

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    FAQs

    What type of property is this?
    Residential land & home lot - Four-acre tract beyond city limits, offering electricity at the road and space for a private home and small farm.
    Where is this residential land & home lot located?
    The property is located at 4 Acres Tract 5 Farrar Road Bentonville, AR.
    What is the asking price?
    The asking price for this property is $499,900.
    What are key features of this property?
    This property features: Approximately 4 acres just beyond city limits, offering space for a custom home, small farm, or country living.; Bentonville School District.; Electricity is available at the road.
    (479) 366-6893
    We can help!
    Listing Contact
    Mitzi Taylor
    Mitzi Taylor
    Real Estate License ID: PB00050303
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    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.

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    4 Acres Tract 5 Farrar Road, Bentonville, AR 72713
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