3510 SE L St
Bentonville, AR 72712
Land For Sale · 0.74 AC

Situated in the epicenter of Northwest Arkansas's most dynamic economic hub, this landmark 0.74-acre commercial development site in downtown Bentonville represents an unprecedented opportunity to shape the skyline of a world-class city. Encompassing approximately 32,234 square feet of prime, flat, and highly usable land, the property is fully primed for high-density, multi-story transformation. Positions of this scale in the immediate downtown core are exceedingly rare, making this parcel a flagship acquisition for visionary developers, institutional investors, and strategic end-users seeking to capitalise on Bentonville’s extraordinary momentum and sustained economic expansion.
The property benefits from the city’s highly coveted T5.2 Town Center High zoning classification, a forward-thinking, form-based district specifically engineered to foster compact, walkable, and architecturally distinguished urban environments. Under the T5.2 framework, the site allows for an ambitious vertical build-out reaching up to 6 stories or 96 feet in height (subject to applicable downtown overlay guidelines). This significant height allowance unlocks immense square footage potential, enabling developers to capture expansive views, maximize floor-plate efficiency, and create an iconic architectural presence. The zoning design guidelines actively encourage a vibrant mix of uses, perfectly suited for a multi-family luxury apartment complex, boutique hotel, corporate headquarters, tech campus, high-end retail gallery, or a blended vertical mixed-use community.
Site utilization parameters under T5.2 are exceptionally generous, granting developers the ability to build up to a 90% maximum building footprint alongside up to 100% maximum impervious coverage. These expansive site standards minimize unused land, maximize constructible space, and significantly boost the overall return on investment per square foot. Furthermore, shallow urban setback requirements—including a maximum front and side street setback of just 12 feet, and side setbacks ranging from zero to seven feet—allow the future structure to sit directly along the streetscape. This close relationship to the sidewalk fosters an inviting, pedestrian-focused presence that seamlessly integrates into the fabric of downtown Bentonville’s active street life.
Ground-floor requirements for T5.2 development are tailored to enrich urban vitality, mandating generous ground-floor ceiling heights ranging from 12 to 25 feet. This dramatic vertical space provides a magnificent canvas for flagship retail storefronts, artisanal culinary venues, open-concept lobbies, or interactive commercial concepts. The code specifies a minimum of 50% active commercial use on the ground level, ensuring that any future building will draw high foot traffic, engage passersby, and contribute directly to the surrounding district’s energy. For projects requiring integrated parking, the zoning accommodates structured parking facilities up to 50 feet in height, provided they are strategically positioned behind the principal building or set back a minimum of 30 feet from the front line to preserve an unbroken, aesthetically pleasing street elevation.
Location is the defining hallmark of this 0.74-acre parcel. Downtown Bentonville has evolved from a charming Ozark town square into a globally recognized epicenter of commerce, culture, and outdoor lifestyle. Driven by the global headquarters of Walmart Inc. and the surrounding ecosystem of thousands of corporate suppliers, the local economy displays unprecedented strength and stability. The property sits just moments away from major regional catalysts, including the world-renowned Crystal Bridges Museum of American Art, the Momentary contemporary arts space, the Ledger (the world's first bikeable building), and hundreds of miles of premier mountain bike trails that have earned Northwest Arkansas the title of Mountain Biking Capital of the World.
The site is surrounded by an rich assortment of chef-driven restaurants, craft breweries, boutique coffee shops, residential communities, and corporate offices. This high-density surrounding environment drives steady, year-round pedestrian and vehicular traffic. Accessibility is flawless, offering immediate connections to regional thoroughfares, Walton Boulevard, Highway 71B, and Interstate 49, ensuring effortless commutes to the Northwest Arkansas National Airport (XNA), the University of Arkansas in Fayetteville, and nearby employment centers across Rogers and Springdale. Complete municipal utilities—including high-capacity city water, sanitary sewer, electric, and high-speed fiber optics—are readily accessible to the site, streamlining the pre-development phase and accelerating project timelines.
In summary, this 0.74-acre parcel in downtown Bentonville is far more than a simple land offering; it is a legacy development opportunity. With its maximum 6-story vertical entitlement, 100% site coverage flexibility, and premier location within an ultra-high-demand market, the property stands ready for a landmark project that will define the next chapter of Bentonville’s urban landscape. Whether pursuing luxury residential units, a trophy commercial office space, or an integrated mixed-use destination, this property delivers the location, scale, and zoning flexibility required to achieve maximum commercial potential.