1412 14Th StBentonville, AR 72712

  • Healthcare properties
  • 3,104 SF
For Sale
$2,999,900 View listing

Property Details for 1412 14Th St

Year built
1997
Lot size
0.46 AC
Property size (Sq ft)
3,104 SF
Property type
Healthcare properties
Property subtype
Medical offices
APN
01-06085-000
APU
106085000

Description

This single-tenant, 3,104 square-foot office building, situated on 0.46 acres in Benton County, offers a prime location directly across from the new Walmart World Headquarters. Built in 1996, this Class B property features nine exam rooms/offices, two restrooms, and a breakroom, making it ideal for medical or traditional office use. The building boasts twelve parking spaces, two entry/exit doors, keyless back door entry, fire extinguishers, and illuminated exit signs. The interior includes a reception area and is wired for sound. Zoned R-O, permitted uses are diverse and include medical services, financial institutions, and more. The property benefits from its high-traffic location on 14th Street, which sees over 34,000 vehicles per day, a number projected to increase significantly with the completion of a planned six-lane road expansion and the opening of the Walmart headquarters in 2025. Its proximity to I-49 (less than one mile), a major interstate with approximately 94,000 vehicles per day, further enhances its accessibility and visibility. The property includes one single-story building with no elevators. The APN is 01-06085-000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $270,581
    6.5%
    $249,767
    7%
    $231,927
  • Comparable approach

    Method
    Valuation
    Relative Method
    $222,029
    Geo Method
    $222,029
  • Alternative Use

    Use
    Valuation
    Residential
    $309,712
    Hospitality
    $283,694
    Educational
    $236,030
    Medical
    $244,148
    Retail
    $367,158
1412 14Th St, Bentonville, Arkansas

Location Insight

City
Bentonville
County
Benton
State
Arkansas
Latitude
36.3563
Longitude
-94.1933
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
$5,095
$49,410
$33,030
$82,440
-
$247,050
$165,150
$412,200

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