308 24Th StBentonville, AR 72712

  • Office buildings
  • 8,302 SF
For Lease
$16.50/SF/YR View listing

Property Details for 308 24Th St

Year built
2006
Lot size
2.25 AC
Property size (Sq ft)
8,302 SF
Property type
Office buildings
APN
01-09419-000
APU
109419000

Description

This exceptional 2,100 square foot office space is available for lease at the Legacy Business Center in Bentonville, Arkansas. Located at 308 SW 24th St, this single-tenant property offers a versatile workspace ideal for a variety of businesses. The building is a single-story structure situated in Benton County, within a rapidly expanding area of Northwest Arkansas. Its strategic location provides easy access to key amenities and transportation routes. The property is conveniently located just 2.0 miles from the new Walmart Home Office campus, ensuring proximity to a major employer and fostering strong business connections. Commuting is also simplified by its less than 9-minute drive to Interstate 49, providing convenient access to regional and national transportation networks. Beyond its convenient location, the surrounding area boasts a vibrant atmosphere with numerous attractions, including Climb Bentonville, the Bentonville Brewery, and Osage Park, offering employees a diverse range of recreational and social opportunities. This property is perfect for businesses seeking a modern, functional, and well-located office space in one of the fastest-growing areas of Northwest Arkansas. The space is adaptable to various business needs, making it a highly desirable location for companies seeking to establish or expand their presence in this thriving region. The property type is classified as Office, with sub-types including Coworking, Traditional Office, Executive Office, and Creative Office, offering flexibility to suit diverse business models.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $723,701
    6.5%
    $668,031
    7%
    $620,315
  • Comparable approach

    Method
    Valuation
    Relative Method
    $593,842
    Geo Method
    $593,842
  • Alternative Use

    Use
    Valuation
    Residential
    $828,359
    Hospitality
    $758,772
    Educational
    $631,290
    Medical
    $653,001
    Retail
    $982,006
308 24Th St, Bentonville, Arkansas

Location Insight

City
Bentonville
County
Benton
State
Arkansas
Latitude
36.3467
Longitude
-94.2142
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
$30,352
$103,930
$387,200
$491,130
-
$519,650
$1,936,000
$2,455,650

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