Prime Development Opportunity-Downtown Bentonville
Land | 0.31 acres
Marketing description
This remarkable property encompasses a 0.31-acre lot, featuring a main house of 3,018 Sq Ft alongside a charming additional 1-bedroom residence measuring 688 Sq Ft.
The primary home overlooks W Central Avenue and showcases an inviting open floor plan enhanced by delightful historical architectural details. The expansive living areas are perfect for entertaining guests. The formal living room boasts original, refinished wood flooring and a wide array of windows that bathe the space in natural light.
The heart of the home is the formal dining area, which effortlessly connects to a spacious second living area. A covered patio invites you to a generous garden space.
This property occupies an entire block bordered by W Central Avenue, F Street, and NW 2nd Street, presenting exciting opportunities for development.
Ideally situated within walking distance of downtown Bentonville, this property provides easy access to upscale dining, shopping, bike trails, Compton Gardens, and more.
Both residences feature separate addresses and utility metering, presenting excellent income potential. The current owner successfully rents the NW 2nd Street residence as a furnished 1-bedroom bungalow, with the option to include the furnishings in the sale.
Investment highlights
Rare Downtown Bentonville Corner Lot – Entire Block Redevelopment Opportunity
Address: 610 W Central Avenue, Bentonville, AR 72712
Asking Price: $1,580,000
Lot Size: 0.31± Acres (Corner Lot – Extends Entire Block to NW 2nd Street)
Current Structures:
Main Residence: 3,018 sq. ft., 4 bedrooms, 3.5 baths
Additional Unit: 688 sq. ft., 1-bedroom bungalow (income-producing)
Why This Property Is an Unmatched Opportunity
Prime Corner Location: Frontage on W Central Ave & F Street, stretching the entire block to NW 2nd Street—a footprint rarely available in Bentonville’s core.
Zoning & Potential: Ideal for luxury townhomes, mixed-use projects, or upscale single-family homes.
Walkability: Steps from Bentonville Square, Walmart’s new corporate campus, Crystal Bridges Museum, The Momentary, and bike trails.
Market Reality – Prices Are Skyrocketing
Luxury Homes Downtown:
410 NW 6th St: Sold for $2,500,000
704 SW C St: Sold for $2,063,000
432 SW Glover St: Sold for $1,532,500
Even a smaller home at 403 W Central Ave sold for $1,500,0001.
Townhomes & New Builds:
Recent downtown townhomes are closing at $1.3M–$1.9M, with premium finishes and walkable locations
Premium Land Prices:
515 Jefferson St: 0.14 acres listed at $699,000 ($4.99M per acre)
701 SW 2nd St: 0.24 acres listed at $850,000 ($3.54M per acre)
515 SW F St: 0.24 acres listed at $730,000 ($3.04M per acre)
Compare that to this property:
0.31 acres for $1.58M on a prime corner lot spanning an entire block—a rare chance to secure a footprint that others simply cannot match.
Nearby Development Plans
Blue Crane & Riverside Mixed-Use Project: Adding residential, retail, and dining just blocks away, reinforcing downtown Bentonville’s growth trajectory
City’s Future Land Use Plan: Focused on walkable neighborhoods and vibrant public spaces, driving demand for upscale infill projects
Why Invest Now?
Bentonville is one of America’s fastest-growing markets, anchored by Walmart HQ and a booming cultural scene.
Demand for luxury living and prime land downtown is outpacing supply—and opportunities like this are disappearing fast.
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