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    Historic Office Suite with Porch Title is generated by Realmo AI

    1103 W Elm Street, Rogers, AR 72756

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    New
    For Lease
    $21 SF/Yr $5,006/Mo (calc)

    COMMERCIAL - Rogers, AR

    Type:Office
    Property size:
    2,861 SF
    Lot size:
    0.29 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 6 at 2:06 am

    Property Features for 1103 W Elm Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking
    20
    Standard status
    Active
    Size
    2,861 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1797
    Expense value
    5006
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Building Details

    Year built
    1930
    Floors in Building
    2

    We can help!

    Listing Contact
    Brian O'Connell

    Listing agent Brian O'Connell License #SA00087502

    Listing office COHOVA Properties 100 Parkwood St, Fayetteville, AR

    Listing date Jun 2, 2026

    MLS# 1349673

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1930‑built office space with wrap‑around Southern‑style front porch
    • 8 individual offices plus a conference room and large waiting room
    • Parking for 6 client/customer spaces at the front and 14 employee spaces in the rear
    • 4 restrooms plus a full kitchen area
    • Layout can support configurations for up to 20 staff and may work for retail with room for display and storage

    Overview

    This beautifully appointed historic office space offers a welcoming, wraparound Southern-style front porch and a layout built for both work and reception. The interior includes eight individual offices, a conference room, and a large waiting area that can support up to about 20 staff in a typical arrangement. For day-to-day operations, the space features four restrooms and a full kitchen area, with flexibility to configure the room plan based on your team’s needs.

    The property provides ample on-site parking, with six client or customer spaces in front and fourteen employee spaces toward the rear. The setting is described as a short distance from downtown Rogers, making it suitable for businesses that benefit from visibility and convenient access.

    This space is a strong fit for professional teams seeking a polished office environment with dedicated areas for meetings and client traffic. It may also work well for a retail operator that wants room for product display and storage while using the waiting area and offices to support customer-facing functions. With its parking and accommodation for both staff and visitors, it’s well positioned for organizations looking for a true turnkey location.
    Property Profile Location Intelligence

    Current Use by Public Records

    CBI65 Insurance, Inc. Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.130376
    Latitude
    36.332972

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    FAQs

    What type of property is this?
    Office units - Well-appointed historic office with multiple offices, conference space, and ample parking for clients and staff.
    Where is this office units located?
    The property is located at 1103 W Elm Street Rogers, AR.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 1930‑built office space with wrap‑around Southern‑style front porch; 8 individual offices plus a conference room and large waiting room; Parking for 6 client/customer spaces at the front and 14 employee spaces in the rear
    (479) 717-7740
    We can help!
    Listing Contact
    Brian O'Connell
    Real Estate License ID: SA00087502
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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