1500 Phyllis StBentonville, AR 72712

Property Details for 1500 Phyllis St

Year built

2005

Lot size

1.62 AC

Property size (Sq ft)

7,560 SF

Property type

Office buildings

APN

01-07430-000

APU

107430000

Description

This exceptional 7,560 sq. ft. commercial property in Bentonville, Arkansas presents a prime investment opportunity. Strategically located near the new Walmart Home Office campus with convenient access to I-49, this high-traffic location ensures maximum visibility and accessibility. The property boasts a flexible layout, combining 3,000 sq. ft. of climate-controlled office space with a spacious 4,560 sq. ft. warehouse. The office area features three large private offices, a substantial conference room, a well-appointed kitchenette, and a large reception area with impressive high ceilings, ideal for showcasing products or creating a welcoming client experience. Security is a key feature, with a comprehensive 12-camera close-circuit surveillance system and a security alarm installed. Access to the rear of the property is controlled via a gated entrance. The warehouse component offers significant operational flexibility with six 14x14 overhead doors, providing ample space for storage, loading, and unloading. This versatile property sits on a generous 1.62-acre lot, making it suitable for a wide range of businesses, from established companies seeking expansion to new ventures looking for a strong foothold in a thriving market. The asking price is $2,900,000. This is a rare opportunity to acquire a well-equipped, secure, and highly visible commercial property in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $659,019

  6.5%

  $608,325

  7%

  $564,874

• Comparable approach

  Method

  Valuation

  Relative Method

  $540,767

  Geo Method

  $540,767

• Alternative Use

  Use

  Valuation

  Residential

  $754,323

  Hospitality

  $690,956

  Educational

  $574,867

  Medical

  $594,638

  Retail

  $894,238

Location Insight

City

Bentonville

County

Benton

State

Arkansas

Latitude

36.3548

Longitude

-94.1809

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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