19
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$3,600,000
Est. payment /mo
0.64 Acres Lot
Active
1009 5th St Bentonville, AR 72712
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1305426
HOA Y/N No
Annual Tax Amount $9,441
Lot Size 0.640 Acres
Acres 0.64
Property Sub-Type Unimproved Land
Property Description
This .65 acre +/- parcel sits immediately adjacent to the new Walmart Home Office on a hard corner at the busy intersection of 5th and J streets. While the property is currently home to 10 townhomes, the property is best suited for redevelopment into office, retail, or a mixed use development. Current zoning would allow a new property to go as high as five stories, allowing developers to maximize density for the space. With Bentonville's rapid economic growth, fueled by Walmart and an influx of high-income professionals, the demand for residential units and commercial space is soaring. Businesses here will benefit from a built-in customer base of executives, employees, and visitors, as well as unmatched visibility and accessibility. Per the aerial photos, the adjacent .4 acre property immediately to the north is available as well, MLS ID# 1305442, totaling over an acre of developable land in a prime Bentonville location.
Location
State AR
County Benton
Direction Located at the northwest corner of 5th and J streets immediately catty corner to the new Walmart Home Office.
Exterior
Fence Partial
Topography Level
Road Frontage Main Thoroughfare, Shared
Building
Lot Description Corner Lot, None, Level
Sewer Public Sewer
Water Public
Schools
School District Bentonville
Others
Special Listing Condition None
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Listed by GREA-Global Realtor Estate Advisors Branch