205 SPENCER STREET
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Location
205 SPENCER STREET
Mblu
19/ 5190/ 205/ /
Acct#
519000205
Owner
WAL-MART REAL ESTATE BUSINESS TRUST
Total Assessment
$3,343,400
Appraisal
$4,776,100
PID
14844
Building Count
2
DISTRICT
T
CONCRETE
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$2,154,700$2,621,400$4,776,100
Assessment
Valuation YearImprovementsLandTotal
2021$1,508,400$1,835,000$3,343,400

Owner of Record
OwnerWAL-MART REAL ESTATE BUSINESS TRUST
PROPERTY TAX DEPT STORE #5209
AddressPO BOX 8050 ATTN: MS 0555
BENTONVILLE, AR 72712-8050
Sale Price$9,800,000
Certificate
Book & Page 4296/0086
Sale Date11/06/2015
Instrument03

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
WAL-MART REAL ESTATE BUSINESS TRUST$9,800,000 4296/00860311/06/2015
GATEWAY LAUREN INC$7,700,000C3275/03473305/26/2006
KR MANCHESTER INC$4,178,680 1694/0344 05/31/1994

Building Information
Building 1 : Section 1
Year Built: 1973
Living Area: 64,088
Replacement Cost: $5,771,675
Replacement Cost
Less Depreciation:
$923,500
Building Attributes
FieldDescription
Style:Shop Center LO
ModelInd/Comm
GradeAverage
Stories:1
Occupancy4.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar + Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheetr
Interior Floor 1Concr-Finished
Interior Floor 2Tile/Vinyl Cmp
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseCommercial 96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:200I
Heat/ACHeat/AC Packag
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallSusp Ceil & Wl
Rooms/PrtnsAverage
Wall Height16.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 62,712 62,712
FUSUpper Story, Finished 1,376 1,376
CLPLoading Platform 315 0
FOPPorch, Open 3,752 0
   68,155 64,088
Building 2 : Section 1
Year Built: 1996
Living Area: 22,512
Replacement Cost: $1,910,624
Replacement Cost
Less Depreciation:
$668,700
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Chain Service Shop
ModelInd/Comm
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverT+G/Rubber
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseCommercial 96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:200I
Heat/ACHeat/AC Packag
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeiling & Wall
Rooms/PrtnsAverage
Wall Height18.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 22,512 22,512
CANCanopy 96 0
CLPLoading Platform 320 0
   22,928 22,512

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers-Wet22512.00 S.F.$11,8002
LDL2Ld Lvlr-Manual5.00 UNITS$8001
MEZ3Mezzanine Part Fin775.00 S.F.$2,2001
SPR1Sprinklers-Wet64100.00 S.F.$15,4001
LDL1Ld Lvlr-Power2.00 UNITS$1,0001

Land
Land Use
Use Code200I
DescriptionCommercial 96  
ZoneGB
Neighborhood6000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)21.1
Frontage0
Depth0
Total Assessed Land$1,835,000
Appraised Value$2,621,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FN1Fence 4' Chain  120.00 L.F.$1,0001
FN3Fence 6' Chain  78.00 L.F.$9001
PAV1Paving Asphalt  400000.00 S.F.$500,0001
LT2Lights 2 Fix  30.00 UNITS$24,8002
LT1Lights 1Fix  4.00 UNITS$4,6002
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$2,154,700$2,621,400$4,776,100
2024$2,154,700$2,621,400$4,776,100
2023$2,154,700$2,621,400$4,776,100

Assessment
Valuation YearImprovementsLandTotal
2025$1,508,400$1,835,000$3,343,400
2024$1,508,400$1,835,000$3,343,400
2023$1,508,400$1,835,000$3,343,400

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