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Improved Residential Land for Sale in Bentonville, Arkansas

1009 SW Parnell Dr, Bentonville, AR 72712

$3,000,000
2 acres
Active sale
Est $14,517/mo

The property is zoned residential now R1- The R-1 zoning district. Highest and best use for the property:1) Multifamily Residential -Bentonville's rapid population growth & housing demand make multifamily the most viable use. Mid-density apartments or townhomes could be potential use for this prime acreage. 2) Retirement / Senior Living Community: Bentonville is positioning itself as a lifestyle hub, with healthcare and recreation nearby. Airport access is convenient for visiting family and medical travel. While residential is the best use, small-scale commercial (medical offices, convenience retail) could complement housing. Airport adjacency may support aviation-related services, zoning favors residential. Strategic Property is located in Bentonville's Growth Zone and accessible off of I street entrance to property, right across from the Bentonville Airport. Traffic Count on I Street is 17,000 daily. Access on I street-50' easement access, however no current access from I street.

2,122
Sq feet
1998
Built

Location

Street address
1009 SW Parnell Dr
Elevation
1,287 feet
Coordinates
36.3478, -94.2234

Directions

From Bentonville, easy on Hwy 102 towards Centerton, left on I street, right on Parnell to access the driveway entrance- 1009 Parnell will be on the left. Access on I street has 50' easement access to main road, however no current access to property from I street.

Property details

Acreage
1.93 acres
MLS #
ARMLS 1336888
Posted

Property taxes

Recent
$1,538

Parcels

  • 01-07806-000

Legal description

Details and features

Listing

Type
Residential

Lot

Features
Central Business District, City Lot, Neighborhood

Structure

Water
Public
Heating
Central, Electric
Cooling
Central Air

Listing history

DateEventPriceChangeSource
Mar 1, 2026New listing$3,000,000ARMLS
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This 1.93-acre property is located at 1009 SW Parnell Dr in Bentonville, AR 72712. The property is available for sale for $3,000,000. It has a 2,122 sq ft structure built in 1998.

Checked 1 hour ago — Updated

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