500 GALLERY BLVD
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Location
500 GALLERY BLVD
Mblu
R037/ / 3308/ /
Acct#
6964
Owner
WAL-MART REAL ESTATE BUSINESS TRUST
PBN
Total Market Value
$25,009,100
PID
6629
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$16,010,700$8,998,400$25,009,100

Owner of Record
OwnerWAL-MART REAL ESTATE BUSINESS TRUST
Co-Owner
AddressPO BOX 8050
BENTONVILLE, AR 72712
Sale Price$3,967,000
Certificate
Book & Page 23352/91
Sale Date11/03/2005
Instrument1
QualifiedQ

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
WAL-MART REAL ESTATE BUSINESS TRUST$3,967,000 23352/91111/03/2005
SCARBOROUGH GALLERY LLC$0 23176/239009/21/2005

Building Information
Building 1 : Section 1
Year Built: 2004
Living Area: 226,870
Replacement Cost: $17,057,221
Building Percent Good: 74
Replacement Cost
Less Depreciation:
$12,622,300
Building Attributes
FieldDescription
StyleDisc Dept Store
ModelCommercial
Stories1
Units1.00
Exterior Wall 1Stucco on Mason
Interior Floor 1Conc Abv Grd
Interior Floor 2 
Heat FuelGas
Heat TypeHot Air-No Duc
AC TypeCentral
Primary Bldg UseSTORE/SHOP MDL-94
GradeAverage +10
Roof StructureFlat
Roof CoverRolled Compos
Baths/PlumbingAverage
Ceiling/WallSus-Ceil/MN WL
Rooms/PrtnsAverage
Wall Height24.00
Heat and ACHeat/AC Pkgs
Exterior Wall 2Brick Veneer
Frame TypeConcrete
Interior Wall 2Plywood Panel
Interior Wall 1Drywall/Sheet
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 226,870 226,870
   226,870 226,870

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET459668.00 S.F.$2,040,9001
CLR1COOLER91.00 S.F.$7,7001
CLR1COOLER2336.00 S.F.$197,1001
CLR1COOLER63.00 S.F.$5,3001
CLR1COOLER80.00 S.F.$6,7001
CLR1COOLER676.00 S.F.$57,0001
CLR2FREEZER 1328.00 S.F.$126,8001
CLR2FREEZER 192.00 S.F.$18,3001
CLR2FREEZER 462.00 S.F.$44,1001
CLR2FREEZER 63.00 S.F.$6,0001
LDL2W/MAN FLIP OUT3.00 UNITS$3,5001

Land
Land Use
Use Code3220
DescriptionSTORE/SHOP MDL-94  
Zone22
Neighborhood335
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)26.38
Total Market Land$8,998,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  350000.00 S.F.$875,0001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$16,010,700$8,998,400$25,009,100
2025$13,142,700$7,322,500$20,465,200
2024$13,142,700$7,322,500$20,465,200

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