1120 Walton BlvdBentonville, AR 72712

  • Strip malls
  • 13,184 SF
For Lease
$23.39/SF/YR View listing

Property Details for 1120 Walton Blvd

Lot size
1.31 AC
Property size (Sq ft)
13,184 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
01-00454-000
APU
100454000

Description

This exceptional three-story Class B commercial property, located at 1120 S Walton Blvd in Bentonville, Arkansas, offers a blend of office and retail space within the newly renovated Parkside Apartments & Shops. The building, constructed in 2005, boasts a total of 86,120 square feet situated on a 5.1-acre lot (222,156 square feet). Currently, there are multiple tenancies, with a small amount of vacant space totaling 750 square feet. Available spaces range from 248 to 744 square feet, ideal for a variety of businesses. The property's prime location in Bentonville, AR (zip code 72712), offers excellent visibility and accessibility. The property features one building with three stories and is identified by APN 01-09408-000 in Benton County. This is a unique opportunity to secure office or retail space in a thriving Bentonville location within a recently updated complex. The property's size and layout provide flexibility for various business needs. Interested parties should inquire about available space and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,689,432
    6.5%
    $1,559,476
    7%
    $1,448,085
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,376,490
    Geo Method
    $2,376,490
  • Alternative Use

    Use
    Valuation
    Residential
    $1,315,476
    Hospitality
    $1,204,969
    Educational
    $1,002,520
    Medical
    $1,036,998
    Retail
    $1,559,476

Location Insight

City
Bentonville
County
Benton
State
Arkansas
Latitude
36.3852
Longitude
-94.2207
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
$9,544
$140,720
$13,710
$154,430
-
$703,600
$68,550
$772,150

FAQs

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