Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    115 W Chestnut St Rogers, AR 72756

    Sponsored
    For Sale
    $605,000

    Office - Rogers, AR

    Type:Office
    Property size:
    1,040 SF
    Lot size:
    0.02 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 20 at 6:06 pm

    Property Features for 115 W Chestnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    02-02152-001
    Size
    1,040 SF
    Lot size
    0.02 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Electric

    Building Details

    Year built
    1924
    Building materials
    Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Ryan Hill

    The Virtual Realty Group (479) 422-2935 [email protected]

    Listing agent Ryan Hill (479) 422-2935

    Listing date Jan 13, 2026

    MLS# 1332963 Listing URL

    Copyright © 2026 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Rogers Commercial Opportunity

    This commercial property is located in the heart of downtown Rogers’ Entertainment District. The building offers a flexible layout suitable for retail, office, restaurant, or mixed-use concepts. The open floor plan provides a versatile space for customization. The property is zoned C-2, allowing for the addition of more stories to increase square footage. The 1,040 square-foot building sits on a 0.02-acre lot. The location benefits from high visibility and easy access to the amenities of the downtown area. Surrounded by established businesses, dining options, and cultural destinations, the location is positioned for long-term success. This property is located in Benton County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Modest Method Designs Furniture Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.115134
    Latitude
    36.334429

    Nearby Similar for Sale

    • $1,750,000
      4,200 SF

      Modern Event Venue Near Walmart

      Luxury event venue near Walmart HQ in Rogers, Arkansas.
      3000 N Dixieland Rd, Rogers, AR 72756
      View Details
    • $420,000
      1,912 SF

      Rogers Duplex: Investment Opportunity

      Well-kept duplex in Rogers with strong rental potential.
      1300 Rolling Oaks Dr, Rogers, AR 72756
      View Details
    • $499,000
      1,604 SF

      Historic Duplex with Guest House

      Restored duplex with Airbnb guest house on bike trail.
      615 N 3Rd St, Rogers, AR 72756
      View Details
    • $13,900,000
      60,900 SF

      Northwest Arkansas Townhome Portfolio

      Income-producing townhome portfolio in a prime Northwest Arkansas location.
      4126 W Olive St, Rogers, AR 72756
      View Details
    • $1,300,000
      8,100 SF

      High-Visibility Commercial Site in Rogers

      Commercial site with high traffic and major visibility.
      2103 S 8Th St, Rogers, AR 72758
      View Details
    • Contact for pricing
      8,100 SF

      High-Visibility Commercial Site For Sale

      Commercial site with high traffic and major visibility available.
      2103 S 8Th St, Rogers, AR 72758
      View Details
    • New
      Contact for pricing
      2,792 SF

      Remodeled Office Space in Rogers

      Recently remodeled office space with private offices and convenient location.
      1106-1108 W Poplar Pl, Rogers, AR 72756
      View Details
    • $1,100,000
      6,428 SF

      Rogers Four-Plex Investment Opportunity

      Rare quadplex in prime location with solid rental activity.
      2755-2763 W Kilimanjaro Way Unit Units A-D, Rogers, AR 72758
      View Details
    • Contact for pricing
      7,898 SF

      Modern Office Space in Rogers

      Sublease opportunity in Pinnacle Hills with immediate occupancy.
      3701 S Pinnacle Hills Pkwy, Rogers, AR 72758
      View Details
    • $1,250,000
      6,584 SF

      Rogers Four-Plex Investment Opportunity

      Four-plex in prime Rogers location with solid rental activity.
      2701-2707 W Shasta Rd, Rogers, AR 72758
      View Details
    • New
      $2,800,000
      5,397 SF

      Furnished Apartments Near Lake Atalanta

      Turn-key Airbnb units near Lake Atalanta, generating $350,000 rental income.
      510 N 8Th St, Rogers, AR 72756
      View Details
    • New
      $925,000
      30.51 Acres

      Rogers, AR Farm with Dock

      30.51 acre farm property with private boat dock.
      11323 Coose Holw Park, Rogers, AR 72756
      View Details

    FAQs

    What type of property is this?
    Office space - Versatile commercial building in downtown Rogers' Entertainment District.
    Where is this office space located?
    The property is located at 115 W Chestnut St Rogers, AR.
    What is the asking price?
    The asking price for this property is $605,000.
    What are key features of this property?
    This property features: - Prime location in the heart of downtown Rogers' Entertainment District with high visibility and strong traffic exposure.; - Flexible layout suitable for retail, office, restaurant, or mixed-use concepts.; - Zoned C-2, allowing for the addition of stories to increase square footage.
    (479) 422-2935
    Request Owner's contact information
    115 W Chestnut St Rogers, AR 72756
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    115 W Chestnut St
    Rogers, AR 72756
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    115 W Chestnut St Rogers, AR 72756
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan Hill
    (479) 422-2935
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.