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Property profile & analytics
FOR LEASE
Office Units
901 SE 28Th St Bentonville, AR 72712
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US05-0355296
For Lease
1 / 18
$24.50 SF/Yr
901 SE 28Th St, Bentonville, AR 72712
View Listing →
Property summary
AI-generated overview
This office space offers approximately 900 square feet and includes a reception area, three private offices, two storage closets, a kitchenette, and one private restroom. The property is located in an office park that offers a variety of space sizes for lease. Ample parking is available on-site, and tenants have opportunities for signage on marquees, buildings, and suite doors. Each suite includes at least one private bathroom. Located in Bentonville, the office park is approximately 5 minutes from Downtown Bentonville and the Walmart Home Office, and 15 minutes from the XNA airport.
Property profile
Verified
Property type
Office Units
Use group
OFFICE BUILDING
Year built
2001
Total area
21,962 SF
Lot
2.41 ac (104,980 SF)
APN
01-08257-007
UPID
US05-0355296
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
-
Growing Self, Arkansas: Online Marriage Counseling, Therapy & Life Coaching Marriage Or Relationship Counselor Service Establishment
-
American Home Valuation Real Estate Agency
-
Estheticsbykayla__ Hair Salon
-
Logistic Valuation Real Estate Agency
-
B Jeweled (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.01M
Blend (final)
Blend
$2.68M
Owner & transaction history
Hillcrest Holdings LLC
Hillcrest Holdings LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.4M
+22.1%
Neighborhood: shopping center
$3.9M
+9.2%
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
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,610,000
Current use
AUTO REPAIR, GARAGE
$4,405,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,940,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$2.68M
Range $2.41M – $2.94M · ±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
$122 / 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
$29,100
Tax year 2023
Assessed value
$470,880
Assessed 2023
Previous assessed
$470,880
+0.0% YoY
Effective rate
6.18%
On assessed value
Assessed land
$186,390
Assessed improvement
$284,490
Land market value
$931,950
Improvement market value
$1,422,450
Total market value
$2,354,400
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 Units
Use group
OFFICE BUILDING
Status
For Lease
Year built
2001
Heating
NONE
Cooling
NONE
Stories
1
Total area
21,962 SF
Lot
2.41 ac (104,980 SF)
APN
01-08257-007
UPID
US05-0355296
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$4.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.9M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.41 ac
Current owner
From public records · entity-resolved
Hillcrest Holdings LLC
Entity
Mailing address
905 SE 28TH ST STE #5, BENTONVILLE, AR 72712-3882
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2026
—
Hillcrest Holdings LLC
—
Deed
related
$27,804,785 · Legacy National Bank
Nov 2, 2020
—
Charlton Dev Co LLC
—
Deed
related
$10,294,686 · Chambers Bk
Sep 19, 2018
—
Charlton Dev Co LLC
—
Grant Deed
related
$6,183,761 · Legacy Nat'l Bk
May 5, 2016
—
Charlton Dev Co LLC
—
Deed
related
$6,700,000 · Great Lakes Cu
Mar 16, 2010
—
Charlton Dev Co LLC
—
Deed Of Trust
related
$6,727,278 · Great Lakes Cu
—
—
Charlton Dev Co LLC
—
Loan Modification
related
$6,700,000 · Great Lakes Cu
—
—
Charlton Dev Co LLC
—
Loan Modification
related
$6,700,000 · Great Lakes Cu
—
—
Charlton Dev Co LLC
—
Deed Of Trust
related
$10,294,686 · Chambers 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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