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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2302 I St Bentonville, AR 72712-9709

    • Specialty properties
    • 3,204 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimations
    $280,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-2237114
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Burckart Construction, Inc / Home Builder
    • Coastal Home Interiors LLC / Real Estate Agency
    • Native Skies Gallery / Art Gallery
    • BeautyMarx Permanent Cosmetics by Bamby / Tattoo Shop / Beauty Salon

    Property Details for 2302 I St

    Lot size
    0.08 lot acres
    Property size
    3,204 SF
    Property type
    Specialty properties
    APN
    01-14549-044
    APU
    114549044

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $325,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $239,000
      Market price range: $239k - $1.04M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bentonville
    County
    Benton
    State
    Arkansas
    Longitude
    -94.225
    Latitude
    36.3491
    CBSA code
    22220
    CBSA name
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,548
    $8,000
    $81,770
    $89,770
    -
    $40,000
    $408,850
    $448,850

    Comparable in this City

    • Value Estimation by Request
      4,418 SF

      204 Main St

      CHARITABLE ORGANIZATION • 4,418 SF
      204 Main St, Bentonville, AR 72712-5963
      View Details
    • Value Estimation
      $360,000
      7,846 SF

      605 Central Ave

      CREMATORIUM, MORTUARY • 7,846 SF
      605 Central Ave, Bentonville, AR 72712-5121
      View Details
    • Value Estimation
      $325,000
      998 SF

      1805 Chapel Hl Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 998 SF
      1805 Chapel Hl Dr, Bentonville, AR 72712-8441
      View Details
    • Value Estimation
      $490,000
      9,736 SF

      Stage Coach Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 9,736 SF
      Stage Coach Rd, Bentonville, AR 72712
      View Details
    • Value Estimation
      $305,000
      966 SF

      1803 Chaucer St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 966 SF
      1803 Chaucer St, Bentonville, AR 72712-4497
      View Details
    • Value Estimation by Request
      5,408 SF

      2000 Memorial Park Sq

      PROFESSIONAL CLUBS/ASSOCIATIONS • 5,408 SF
      2000 Memorial Park Sq, Bentonville, AR 72712
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,770 SF

      Downtown Bentonville Retail with Mezzanine

      New construction retail building in downtown Bentonville, Arkansas.
      306 S Main St, Bentonville, AR 72712
      View Details
    • Contact for pricing
      1,800 SF

      Retail Building in High-Growth Area

      Retail building in a high-growth area with new development.
      1104 S Walton Blvd, Bentonville, AR 72712
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    • Contact for pricing
      1,691 SF

      Bentonville Office Space Near I-49

      Office space in prime location near I-49 and Walmart campus.
      1002 Mcclain Rd, Bentonville, AR 72712
      View Details
    • $1,945,000
      3.89 Acres

      Prime Bentonville Acreage For Sale

      3.89 +/- acre parcel on SW Regional Airport Blvd.
      3500B SW Regional Airport Blvd, Bentonville, AR 72712
      View Details
    • Contact for pricing
      10,135 SF

      Bentonville Commercial Space For Sale

      Versatile 10,135 SF commercial space ideal for daycare center.
      2005 SE Walton Blvd, Bentonville, AR 72712
      View Details
    • $1,945,000
      3.89 Acres

      Bentonville Land on SW Regional

      3.89 +/- acre parcel on SW Regional Airport Blvd.
      SW Regional Airport Blvd, Bentonville, AR 72712
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      58,400 SF

      Emerald Plaza Office Suites in Bentonville

      Modern Office Space, Flexible Sizes Available
      202-210 Walton Blvd, Bentonville, AR 72712
      View Details
    • $32 SF/Yr
      14,580 SF

      Furnished Loft Office Space

      Fully furnished loft-style office space near Walmart Home Office.
      1007 SW A St, Bentonville, AR 72712
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    • $21 SF/Yr
      1,667 SF

      Bentonville Office Space Available

      Office space available for lease in Bentonville, Arkansas.
      1707 SW Commerce Dr, Bentonville, AR 72712
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    • $18 SF/Yr
      1,975 SF

      Bentonville Office Space Available

      Office space available for lease in Bentonville, Arkansas.
      2704 Otis Corley Dr, Bentonville, AR 72712
      View Details
    • $16 SF/Yr
      2,100 SF

      Bentonville Office Space For Lease

      Office space available near Walmart Home Office and I-49.
      308-312 SW 24Th St, Bentonville, AR 72712
      View Details
    • $1,300 /Mo
      1,792 SF

      Bentonville Duplex with Remodeled Interior

      Remodeled 2 bed, 1 bath duplex in Bentonville, Arkansas.
      3402 Victoria Pl, Bentonville, AR 72712
      View Details
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    2302 I St
    Bentonville, AR 72712-9709
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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.

    More about this property
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