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

    406 Razorback Dr Bentonville, AR 72712-6244

    • Retail space
    • 2,600 SF
    • 0.62 lot acres
    OFF-MARKET
    Value Estimations
    $400,000
    Show details
    Cap Rate Potential
    8.9%
    Retail space
    Location Intelligence
    Property ID
    US05-0219019
    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

    • Hertz Car Rental - Bentonville - 14th Street HLE / Car Rental Agency

    Property Details for 406 Razorback Dr

    Lot size
    0.62 lot acres
    Property size
    2,600 SF
    Property type
    Retail space
    APN
    01-03884-000
    APU
    103884000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $330,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $495,000
      6.5%
      $455,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $409,000
      Market price range: $154k - $498k
      AI Estimate
      $304,000
      Market price range: $96.4k - $348k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $280,000
      Current use
      AUTO REPAIR, GARAGE
      $520,000
      Change: +86% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $465,000
      Change: +67% Conversion: Moderate
      OFFICE BUILDING
      $425,000
      Change: +53% Conversion: Easy
      WAREHOUSE, STORAGE
      $295,000
      Change: +5% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Bentonville
    County
    Benton
    State
    Arkansas
    Longitude
    -94.2138
    Latitude
    36.3582
    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
    $6,009
    $73,260
    $23,980
    $97,240
    -
    $366,300
    $119,900
    $486,200

    Comparable in this City

    • Value Estimation
      $1,080,000
      1,496,672 SF

      240 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,496,672 SF
      240 Main St, Bentonville, AR 72712-5963
      View Details
    • Value Estimation
      $1,455,000
      15,957 SF

      307 Main St

      RETAIL STORES (PERSONAL SERVICES) • 15,957 SF
      307 Main St, Bentonville, AR 72712-5902
      View Details
    • Value Estimation
      $410,000
      3,520 SF

      217 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,520 SF
      217 Main St, Bentonville, AR 72712-5962
      View Details
    • Value Estimation
      $515,000
      10,041 SF

      101 Main St

      RETAIL STORES (PERSONAL SERVICES) • 10,041 SF
      101 Main St, Bentonville, AR 72712-5341
      View Details
    • Value Estimation
      $375,000
      5,568 SF

      507 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,568 SF
      507 Main St, Bentonville, AR 72712-5906
      View Details
    • Value Estimation
      $455,000
      4,110 SF

      505 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,110 SF
      505 Main St, Bentonville, AR 72712-5906
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      965 SF

      Bentonville Office/Retail Space For Sale

      Office/Retail space with frontage on Tiger Blvd in Bentonville.
      808 Tiger Blvd, Bentonville, AR 72712
      View Details
    • Contact for pricing
      4,500 SF

      Retail/Office Space in Bentonville, AR

      Spacious commercial space ideal for retail, office, or service businesses.
      1380 And 4, Bentonville, AR 72712
      View Details
    • New
      Contact for pricing
      5,475 SF

      Fayetteville Retail/Office/Restaurant Space

      5,475 SF retail/office/restaurant space on Fayetteville Downtown Square.
      21 W Mountain St, Fayetteville, AR 72712
      View Details
    • Contact for pricing
      2,019 SF

      Retail Office Space in Bentonville

      Retail/office space for sale near NW Arkansas Community College.
      1404 SE Eagle Way, Bentonville, AR 72712
      View Details
    • New
      Contact for pricing
      1,650 SF

      Bentonville Retail/Office Cold Shell Space

      Cold shell retail/office space near Hwy 72 and Tater Black Rd.
      4103 SW 2Nd St, Bentonville, AR 72712
      View Details
    • Contact for pricing
      1,415 SF

      Retail Space on Walton Boulevard

      Retail space in high-traffic Bentonville location with easy access.
      1203 Walton Blvd, Bentonville, AR 72712
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      2,019 SF

      Retail Space Near College Campus

      Retail space for lease near Northwest Arkansas Community College.
      1404 SE Eagle Way, Bentonville, AR 72712
      View Details
    • $15 SF/Yr
      1,850 SF

      Retail/Warehouse Space For Rent

      Versatile retail or warehouse space with ample parking.
      1400-1404 SW Susana St, Bentonville, AR 72712
      View Details
    • $18 SF/Yr
      2,550 SF

      Modern Retail and Office Space

      Well-maintained commercial building in prime Bentonville location.
      1501 Southeast Walton Blvd, Bentonville, AR 72712
      View Details
    • $30 SF/Yr
      12,407 SF

      Retail Space Near Walmart Market

      Prime retail location with high visibility and ample parking.
      1001 SW Regional Airport Blvd, Bentonville, AR 72712
      View Details
    • $25 SF/Yr
      4,200 SF

      Retail Space in Bentonville

      Retail space available for lease in Bentonville, Arkansas.
      240 S Main St, Bentonville, AR 72712
      View Details
    • $32 SF/Yr
      2,191 SF

      Downtown Bentonville Office/Retail Space

      Renovated 2,191 SF space near Walmart HQ and Bentonville Square.
      305 SE G St, Bentonville, AR 72712
      View Details
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    406 Razorback Dr
    Bentonville, AR 72712-6244
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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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