Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    903 21st St Bentonville, AR 72712

    • Retail space
    • 5,250 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-2420280
    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

    • Retail space

    Property Details for 903 21st St

    Year built
    1988
    Lot size
    0.46 lot acres
    Property size
    5,250 SF
    Property type
    Retail space
    APN
    01-05043-000
    APU
    105043000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bentonville
    County
    Benton
    State
    Arkansas
    Longitude
    -94.1993
    Latitude
    36.3493
    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
    $3,642
    $30,640
    $28,290
    $58,930
    -
    $153,200
    $141,450
    $294,650

    Comparable in this City

    • Value Estimation
      $15,535,000
      175,184 SF

      805 Walton Blvd

      RETAIL STORES (PERSONAL SERVICES) • 175,184 SF
      805 Walton Blvd, Bentonville, AR 72712-6234
      View Details
    • Value Estimation
      $665,000
      4,000 SF

      607 5th St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      607 5th St, Bentonville, AR 72712-6075
      View Details
    • Value Estimation by Request
      1,366 SF

      207 A St

      RETAIL STORES (PERSONAL SERVICES) • 1,366 SF
      207 A St, Bentonville, AR 72712-5929
      View Details
    • Value Estimation
      $2,355,000
      15,828 SF

      326 A St

      RETAIL STORES (PERSONAL SERVICES) • 15,828 SF
      326 A St, Bentonville, AR 72712-3234
      View Details
    • Value Estimation by Request
      1,672 SF

      211 A St

      RETAIL STORES (PERSONAL SERVICES) • 1,672 SF
      211 A St, Bentonville, AR 72712-5315
      View Details
    • Value Estimation by Request
      892 SF

      1111 A St

      RETAIL STORES (PERSONAL SERVICES) • 892 SF
      1111 A St, Bentonville, AR 72712-6230
      View Details

    Similar Nearby for Sale

    • $660,000
      1,056 SF

      Renovated Commercial Asset in Bentonville

      Profitable, renovated commercial property near Walmart campus with diverse development options.
      Bentonville, AR 72712
      View Details
    • $4,000,000
      4,392 SF

      Bentonville Development Opportunity For Sale

      Rare downtown Bentonville development opportunity suited for various commercial uses.
      701 SE 5Th St, Bentonville, AR 72712
      View Details
    • $3,990,000
      Pending

      Iconic Plaza Theatre Building For Sale

      Iconic Plaza Theatre Building near Downtown Bentonville Square.
      128 W Central Ave, Bentonville, AR 72712
      View Details
    • $3,000,000

      Bentonville Commercial Land Opportunity

      Three businesses on 3.2 acres with high traffic volume.
      2410 Sw 14Th St, Bentonville, AR 72712
      View Details
    • $982,800
      3,024 SF

      Finished Office Space Near Downtown

      Income-producing flex space near downtown and Walmart Headquarters.
      1133 NW J St, Bentonville, AR 72712
      View Details
    • $4,000,000
      0.52 Acres

      Downtown Bentonville Development Opportunity

      Rare development opportunity near trails, markets, and Walmart campus.
      701 SE 5Th St, Bentonville, AR 72712
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr

      Retail Space Near Walmart Market

      Prime retail location with high visibility and ample parking.
      1001 SW Regional Airport Blvd, Bentonville, AR 72712
      View Details
    • Contact for pricing
      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
    • $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
    • Contact for pricing

      Retail Space on S Walton

      Retail space with high visibility and existing coffee shop infrastructure.
      206 S Walton Blvd, 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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    903 21st St
    Bentonville, AR 72712
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!