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Improved Mixed-Use Land for Sale in Bentonville, Arkansas

1009 SW Parnell Dr, Bentonville, AR 72712

$3,000,000
2 acres
Active
ago
Est $15,742/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

Parcels

  • 01-07806-000

Legal description

Details and features

Listing

Type
Commercial Sale

Structure

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.

  • Listed by 1 Percent Lists Arkansas Real Estate, (479) 445-9389, Source

Checked 1 hour ago — Updated

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