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Property profile & analytics
FOR LEASE
Retail space
240 S Main St, Bentonville, AR 72712
Entity Owned
7-yr Hold
Free & Clear
Property ID
US05-0343163
For Lease
1 / 3
$48,480,000
240 S Main St, Bentonville, AR 72712
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2022
Total area
1,496,672 SF
Lot
1.57 ac (68,389 SF)
APN
01-05079-000
UPID
US05-0343163
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
87 Degrees Business Broker
-
CertaPro Painters of Northwest Arkansas Painting Service General Contractor
-
Airship Coffee at The Ledger Cafe & Coffee Shop
-
Ledger Bentonville Real Estate Agency
-
Stuart Cearley Law Group Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$55.50M
Blend (final)
Blend
$48.48M
Owner & transaction history
Center City LLC · 7 yrs held
Center City LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bentonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bentonville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$48.48M
Range $43.63M – $53.33M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$32 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$561,434
Tax year 2023
Assessed value
$9,084,693
Assessed 2023
Previous assessed
$615,500
+1,376.0% YoY
Effective rate
6.18%
On assessed value
Assessed land
$615,501
Assessed improvement
$8,469,192
Land market value
$3,077,505
Improvement market value
$42,345,960
Total market value
$45,423,465
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2022
Heating
NONE
Cooling
NONE
Stories
6
Total area
1,496,672 SF
Lot
1.57 ac (68,389 SF)
APN
01-05079-000
UPID
US05-0343163
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Cooling
Yes
Stories
6
Lot
1.57 ac
Current owner
From public records · entity-resolved
Center City LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 668, BENTONVILLE, AR 72712-0668
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
—
Center City LLC
—
Deed
related
$50,000,000 · Arvest Bank
Mar 29, 2019
—
Center City LLC
Bk City Center LLC
Quit Claim Deed
related
—
Feb 15, 2018
—
Bk City Center LLC
Bozeman Dev LLC
Warranty Deed
related
—
Jun 17, 2016
—
Bozeman Dev LLC
—
Deed
related
$1,350,000 · Parkway Bk
Jul 1, 2015
$3,500,000
Bozeman Dev LLC
Benton Property Holdings LLC
Grant Deed
$2,800,000 · Parkway Bk
Sep 23, 2011
—
Benton Property Holdings LLC
Kmj Ents Bentonville Manor LLC
Quit Claim Deed
related
$2,000,000 · Privatebank & Trust
Jun 2, 2009
—
Kmj Ents Bentonville Manor LLC
—
Trustees Deed
related
$3,000,000 · Bank Of Oklahoma
—
—
Benton Property Holdings LLC|park Heritage Prop Ho
—
Loan Modification
related
$11,800,000 · Privatebank & Tr
—
—
Bozeman Dev LLC
—
Deed Of Trust
related
$1,350,000 · Parkway Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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