dividing by the anchor bolt spacing is a quick and easy way to get the tension forces, but it's not completely accurate. You're actually getting bearing on one end of the base plate, not compression in the anchor bolts. You might get compression in them if you have a nut on the underside of the baseplate, but the typical details that I've seen don't have that.
For your situation, I would work out a triangular (or rectangular - depending if you are using ASD or LRFD) compression zone and use the distance from the centroid of that compression zone to the anchor rods in tension as the moment arm.