Mixed-Use Space with Flexible
For Sale
Contact for pricing
1501 SE Walton Boulevard #201, Bentonville, AR 72712
Work areas can accommodate open office arrangements, private rooms, and larger conference meetings.
Property Size1,450 SF
Price / SF$0.01
Days on Market209
Property Features for 1501 SE Walton Boulevard #201
General Information
Standard status
Active
Size
1,450 SF
Property subtype
Office
Site & Location
Traffic Count
35,000 vehicles/day
Highway Access
Yes
Additional Details
Property Use
Office
Building Details
Year Built
2004
Listing Agency:
EXP Realty LLC
Listed By:
Brady Hanger
(417) 259-2525
Source:
Hangerpropertygroup
Added: Apr 8
Changed: Oct 31
Last Checked: Oct 31 at 2:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Park Place Plaza offers mixed-use space configured for retail and office activity. Interior options include open work areas, enclosed offices, and larger meeting rooms, allowing for varied workspace arrangements. The property was built in 2004.
The center is on Walton Boulevard in Bentonville, with reported traffic of 35,000 vehicles per day. I-49 is nearby, providing regional highway access.
The center is on Walton Boulevard in Bentonville, with reported traffic of 35,000 vehicles per day. I-49 is nearby, providing regional highway access.
Key Highlights
- Mixed‑use property at Park Place Plaza
- Open work areas, private offices, and large meeting rooms
- Walton Boulevard frontage with 35,000 VPD
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,092
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,840
$201.8K
Cap Rate 7%
$144,171
$144.2K
Cap Rate 9%
$112,133
$112.1K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$17.4K $12.00/SF
− Vacancy
−$1.3K −$0.86/SF
EGI
$16.1K $11.14/SF
− OpEx
−$6.1K −$4.18/SF
NOI
$10.1K $6.96/SF
Area
Benton County, AR
Vacancy
7.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$201,840
Cap Rate 7%
$144,171
Cap Rate 9%
$112,133
Alternative Uses
Best Use
Office B
$321.4K
$281.3K – $375.0K
NOI $22,501 @ 7.0% cap · market cap 125,005.56%
Second Best
Mixed Use
$144.2K
$126.2K – $168.2K
NOI $10,092 @ 7.0% cap · market cap 56,066.67%
Theoretical Best
Office A
$398.5K
$348.7K – $464.9K
NOI $27,893 @ 7.0% cap · market cap 154,961.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
35,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,230
Businesses Nearby
Explore this area
Business Placement
Demographics for 72712, AR
38,053
Population
16,245
Households
2.3
Avg Household Size
34
Median Age
49%
College-Educated
94%
High-School Grad
51.8 sq mi
ZIP Area
735
Density / Sq Mi
$102,073
Median Household Income
$56,675
Median Earnings
$1,197
Median Rent
$401,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Work areas can accommodate open office arrangements, private rooms, and larger conference meetings.
Where is this mixed-use property located?
The property is located at 1501 SE Walton Boulevard #201 Bentonville, AR.
What are key features of this property?
This property features: Mixed‑use property at Park Place Plaza; Open work areas, private offices, and large meeting rooms; Walton Boulevard frontage with 35,000 VPD
