$2,650,000
SOLD JUL 23, 2025

3509 E Central Ave Bentonville, AR 72712

11.93 Acres
$222,129 Price per Acre
519,671 Sq Ft Lot

Recently Sold

$1,568 Per Sq Ft

33% Below List Price

262 Days on Market

Highlights

  • 11.93 Acre Lot
  • Ruth Barker Middle School Rated A
  • Partially Wooded Lot

About This Lot

As of July 2025

Commercial development potential located adjacent to Beau Terre Office Park within minutes of Downtown Bentonville, Walmart's New Home Office and Crystal Bridges Museum. Property also includes 3601 E Central Ave.

Last Agent to Sell the Property

David Erstine

CBRE, Inc-Fayetteville License #EB00052105 Listed on: 05/20/2022

Last Buyer's Agent

David Erstine

CBRE, Inc-Fayetteville License #EB00052105 Listed on: 05/20/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,503

Lot Details

  • 11.93 Acre Lot
  • Lot Dimensions are 875x600
  • Property fronts a highway
  • Partially Wooded Lot

Additional Features

  • City Lot
  • Not Connected to Sewer

Property Details

Property Type

Land

Est. Annual Taxes

$5,503

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 11.93
  • Lot Size: 875X600
  • Road Frontage Type: Highway, Main Thoroughfare
  • Directions: From I-49, east on Central Ave...property is located on the north side of Central just to the east of McClain Rd.
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Not In Subdivision, None
  • Topography: Rolling,Sloping

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Additional Parcels Description: 01-11080-000; 01-11079-000
  • Zoning Description: Other

Tax Info

  • Tax Annual Amount: 5503.0
  • Tax Block: None
  • Tax Lot: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2017
Closed on
Apr 6, 2017
Sold by
Pensco Trust Co Custodian Fbo Robert M S
Bought by
Mgh 72 Llc
Seller's Agent
Non MLS
Non MLS Sales
Buyer's Agent
Jennifer Siebert
National Realty
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$1,028,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,698
Avg. Annual Appreciation
9.11%
Original Mortgage
$384,000
Outstanding Balance
$318,025
Interest Rate
4.21%
Estimated Equity
$710,673

Purchase Details

Listed on
Jan 23, 2013
Closed on
Dec 12, 2012
Sold by
Arvest Trust Company Na
Bought by
Pensco Trust Company
Seller's Agent
Ben Fox
Better Homes and Gardens Real Estate Journey Bento
Buyer's Agent
Ben Fox
Better Homes and Gardens Real Estate Journey Bento
Sold Price
$1,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%

Purchase Details

Closed on
Jul 6, 1999
Bought by
Dod Dod 4 and Dod 8

Purchase Details

Closed on
Jun 10, 1998
Bought by
Merchant Tr

Purchase Details

Closed on
Jun 18, 1982
Bought by
Merchant
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 Lenders Title Company
Warranty Deed $240,000 Waco Title Company
Deed -- --
Quit Claim Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2025 07/23/25 Sold $2,650,000 -11.5% $1,568 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
09/19/2022 09/19/22 Price Changed $2,995,000 -24.2% $1,772 / Sq Ft
05/20/2022 05/20/22 For Sale $3,950,000 0.0% $2,337 / Sq Ft
10/17/2018 10/17/18 For Rent $1,350 0.0% --
10/17/2018 10/17/18 Rented $1,350 0.0% --
04/06/2017 04/06/17 Sold $480,000 0.0% $284 / Sq Ft View Prior Sale
04/06/2017 04/06/17 For Sale $480,000 0.0% $284 / Sq Ft
04/13/2015 04/13/15 For Rent $1,350 +8.0% --
04/13/2015 04/13/15 Rented $1,250 +13.6% --
01/23/2013 01/23/13 For Rent $1,100 0.0% --
01/23/2013 01/23/13 Rented $1,100 0.0% --
12/12/2012 12/12/12 Sold $240,000 0.0% $142 / Sq Ft View Prior Sale
11/27/2012 11/27/12 For Sale $240,000 -- $142 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,470 $75,855 $17,021 $58,834
2024 $3,196 $75,855 $17,021 $58,834
2023 $2,905 $48,820 $10,740 $38,080
2022 $2,748 $48,820 $10,740 $38,080
2021 $2,510 $48,820 $10,740 $38,080
2020 $2,303 $36,150 $6,490 $29,660
2019 $2,303 $36,150 $6,490 $29,660
2018 $2,303 $36,150 $6,490 $29,660
2017 $3,363 $54,500 $24,840 $29,660
2016 $3,363 $54,500 $24,840 $29,660
2015 $3,147 $50,920 $22,300 $28,620
2014 $3,147 $50,920 $22,300 $28,620
Source: Public Records

Agents Affiliated with this Home

  • David Erstine

    Seller's Agent in 2025

    David Erstine

    CBRE, Inc-Fayetteville

    (479) 444-2552

    6 in this area

    37 Total Sales

    David Erstine
    Section Image
  • Jake Harr

    Seller's Agent in 2018

    Jake Harr

    Harris McHaney REALTORS

    (479) 696-0711

    3 Total Sales

    Jake Harr
    Section Image

  • J

    Buyer's Agent in 2018

    Janay Nutt

    Better Homes and Gardens Real Estate Journey Bento

    (479) 586-9816

    10 in this area

    79 Total Sales

    Janay Nutt
    Section Image

  • N

    Seller's Agent in 2017

    Non MLS

    Non MLS Sales

  • J

    Buyer's Agent in 2017

    Jennifer Siebert

    National Realty

    (417) 223-2433

    4 in this area

    24 Total Sales

    Jennifer Siebert
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Thorpe

    Weichert, REALTORS Downum Group

See All Agents

Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1218439

Northwest Arkansas Board of REALTORS®

APN: 01-00249-000

Arkansas Benton County Bentonville 72712

3509 E Central Ave, Bentonville, AR

Sold

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