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Property profile & analytics
FOR LEASE
Office buildings
406 SE 5Th St, Bentonville, AR 72712
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US05-2334624
For Lease
$32 SF/Yr
406 SE 5Th St, Bentonville, AR 72712
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
15,563 SF
Lot
0.73 ac (31,799 SF)
APN
01-03587-002
UPID
US05-2334624
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
-
Movista (Bike/Boat/Book/etc) Store Corporate Office
-
High South Catering Take-out & Catering Catering Service
-
Visit Bentonville Travel Agency
-
Cura Restaurant
-
Bentonville Provisions Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Icebreaker LLC · 12 yrs held
Icebreaker LLC
since 2013
Last sale
$7.5M
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$20,622
Tax year 2023
Assessed value
$333,690
Assessed 2023
Previous assessed
$333,690
+0.0% YoY
Effective rate
6.18%
On assessed value
Assessed land
$243,260
Assessed improvement
$90,430
Land market value
$1,216,300
Improvement market value
$452,150
Total market value
$1,668,450
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Heating
NONE
Cooling
NONE
Stories
1
Total area
15,563 SF
Lot
0.73 ac (31,799 SF)
APN
01-03587-002
UPID
US05-2334624
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
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Icebreaker LLC
Entity
Mailing address
406 SE 5TH ST, BENTONVILLE, AR 72712-6110
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2016
—
Icebreaker LLC
—
Trustees Deed
related
$100,000 · Arvest Mtg
Nov 27, 2013
$650,000
Icebreaker LLC
Bank Of Fayetteville
Warranty Deed
$905,250 · Bank Of Fayetteville
Feb 1, 2008
—
Benton County Rentals LLC
Mourton,kenneth R
Warranty Deed
related
—
Jan 22, 2008
$1,000,000
Kenneth R Mourton
Cm Investments LLC
Warranty Deed
—
Jun 17, 2005
—
Cm Investments LLC
Martin,christy G
Warranty Deed
$653,000 · Anb Financial NA
Jan 4, 2005
$245,000
Christy G Martin
Futral,charles T & Anna C
Warranty Deed
$222,705 · Arkansas National Bank
—
—
Icebreaker LLC
—
Deed Of Trust
related
$178,500 · Bank Of Fayetteville
—
—
Icebreaker LLC
—
Deed Of Trust
related
$1,134,125 · Arvest Mtg
—
—
Cm Investments LLC
—
Deed Of Trust
related
$130,600 · Anb Financial NA
—
—
Benton County Rentals LLC
—
Deed Of Trust
related
$1,318,367 · Bank Of Fayetteville
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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