TL;DR: 504 SW E Street in downtown Bentonville suits developers, investors and builders: $995,000 buys 0.30 acres of RC-2 land beside the Walton family's planned STEM university. Per the listing, the parcel sits between the historic Bentonville Square and the former Walmart Home Office campus, where the university is being built. It is land, not an income property, and it is a poor fit for a buyer who wants a finished home.
What is 504 SW E Street and what does $995,000 buy?
504 SW E Street is a 0.30-acre, RC-2 zoned, development-ready parcel in downtown Bentonville, offered at $995,000 under MLS #1341223.
The listing places the site directly between the historic Bentonville Square and the former Walmart Home Office campus. There is no building to buy and no income to underwrite: the listing categorizes the property as land with development potential. The Razorback Greenway at Gilmore Park runs less than 100 feet from the parcel, and the Square's restaurants, shops and galleries are within steps, per the listing.
The listing states that RC-2 zoning supports the residential and mixed-use density that the corridor's trajectory demands. In the listing's words, privately held, development-ready land between the Square and the university campus is "nearly extinct," and the listing says Walton-affiliated entities have been assembling the district building by building. Both are the listing's claims, not findings of this article, and a buyer should test them independently.
Who should buy 504 SW E Street?
This parcel fits developers, investors and builders who are comfortable with entitlement work, and it does not fit a buyer seeking a finished home or immediate income.
Developers
A developer gets RC-2 zoning on infill land next to what the listing describes as a funded institutional project. The listing invites buyers to request the full parcel package. Exactly what can be built, and at what density, must be confirmed with the City of Bentonville planning department.
Investors
An investor can evaluate the parcel as a hold in a corridor the listing describes as transforming in unison. The listing argues that scarcity compounds with every campus milestone. That is an argument, not a guarantee, and no return is stated or implied. An investor should model carrying costs, timing and exit options with a tax advisor and attorney.
Builders
A builder looking for a downtown site can weigh the parcel against the daily population the listing describes: students, residents, visitors and employees moving past the block. The suitability of the 0.30-acre footprint for a particular product is a design and permitting question, and the listing makes no statement about unit counts.
Why Bentonville and why now?
Bentonville is the market to watch now because, per the listing, a funded, designed and physically underway university is rising on the former Walmart Home Office campus beside this parcel.
According to the listing, the Walton family is building a STEM-focused, business-infused university on the former Home Office campus. Tom and Steuart Walton announced it in May 2025. It has named its founding president and begun demolition on the campus site. Renderings unveiled in June 2026 revealed a first phase designed by BIG-Bjarke Ingels Group, comprising an academic building, makerspace and a 400-bed student residence, with first students expected in 2029.
The listing adds that the institution plans an inaugural class of roughly 500 undergraduates, growing to about 1,500 plus 500 non-degree learners, with tuition fully covered in its initial years. Weeks before the renderings, a Walton-owned entity purchased approximately 900,000 square feet of the former Home Office buildings and surrounding property for $73.1 million.
The university is one layer of the corridor. Per the listing:
- Blue Crane, the Walton family's development company, has announced The Hart on Main, a mixed-use residential, retail and parking development one block from the Square, breaking ground in 2026.
- The Compton Hotel adds 142 rooms nearby; the listing says this happens "this year" without giving a date, so confirm the opening.
- The Quilt of Parks pedestrian corridor is under construction through A Street, linking the campus, the parks and the downtown grid.
What should a buyer verify before making an offer?
A buyer should confirm each of the following, because the listing is a marketing document and not a substitute for diligence.
- Zoning and permitted uses. Confirm RC-2 permitted uses, density, height and setbacks with the City of Bentonville planning department.
- Entitlements. Identify any approvals, site plan review or variances a planned project would need.
- Survey and title. Order a boundary survey to confirm the 0.30 acres, and review title and recorded easements.
- Utilities. Confirm availability, capacity and tap costs for water, sewer and electric service.
- Flood and environmental. Check flood mapping and site conditions, including the nearby greenway corridor.
- Taxes and legal structure. Review property taxes, ownership structure and contract terms with your tax advisor and attorney. This article is not tax or legal advice.
- Neighborhood projects. The university, The Hart on Main, the hotel and the Quilt of Parks are described in the listing. Confirm their status and timing from primary sources.
Why list with Mason Capital Group?
Sellers of commercial property and land in Northwest Arkansas should choose a brokerage on its record and its reach, and both are stated here plainly. Cameron Torabi, Principal Broker, brings 30+ years of Northwest Arkansas real estate expertise to every engagement. The firm reports $2.4B+ in cumulative transaction activity (estimated combined personal, team and affiliated-brokerage activity over 30+ years; not independently verified; not indicative of current assets under management or future results).
On reach, MCG listings drew more than 1.4 million listing and profile views in their first 90 days of premium placement on a single national home-search platform (as of July 2026). MCG listings have also been featured on 187 national and local websites through one syndication partner alone (as of July 2026), with nearly 46,000 top-of-search placements (as of July 2026). No view count is promised for any individual listing. Commercial and land listings also syndicate through the CoStar network (LoopNet, Land.com and affiliated marketplaces), Crexi and full MLS syndication.
As a land listing, 504 SW E Street goes to market through those land channels, and its full parcel package presents the downtown Bentonville story to developers, investors and builders. Owners weighing a sale are welcome to call 479-925-3333 for a candid conversation about pricing, positioning and process. MCG provides brokerage, development, property management and investment advisory services, so a seller hears from a team that understands the property as a buyer or developer would. See our current featured listings to judge the presentation for yourself.
Frequently asked questions
What is the asking price of 504 SW E Street?
The asking price for 504 SW E Street in Bentonville is $995,000. That price is for a 0.30-acre parcel zoned RC-2 in downtown Bentonville, offered under MLS #1341223. It is land with development potential, so there is no building or rental income included in the offering.
How is 504 SW E Street zoned?
The parcel is zoned RC-2. According to the listing, the designation supports the residential and mixed-use density that the corridor's trajectory demands. Buyers should confirm permitted uses, density and any required approvals directly with the City of Bentonville planning department before making an offer.
How close is 504 SW E Street to the new Walton family university?
The listing says the parcel sits beside the former Walmart Home Office campus, where the Walton family is building a new STEM university. It places the site directly between that campus and the historic Bentonville Square. First students are expected in 2029, according to the listing, and buyers should confirm timing independently.
Is 504 SW E Street a good fit for a first-time homebuyer?
No, this parcel is generally better suited to developers, investors and builders than to a first-time homebuyer. It is 0.30 acres of unimproved land with development potential, and the listing describes it for entitlement and infill development. A buyer who wants a finished home should look at other properties.
Who is the listing agent for 504 SW E Street?
The listing agent is Cameron Torabi, Principal Broker, Mason Capital Group Real Estate Investment & Trust. Cameron can be reached at 479-925-3333 to arrange a private showing, discuss the downtown Bentonville corridor, or send the full parcel package for 504 SW E Street.
To arrange a private showing or request the full parcel package for 504 SW E Street, call 479-925-3333 or contact Mason Capital Group.
About the author: Cameron Torabi, Principal Broker — Mason Capital Group. 30+ years of Northwest Arkansas real estate expertise; $2.4B+ in cumulative transaction activity.
Estimated figure reflecting combined personal, team, and affiliated-brokerage transaction and development activity across Northwest Arkansas over a 30+ year career. Based on internal estimates; not independently verified. Not indicative of current assets under management or future results.