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    Office Condo Near Downtown Rogers Title is generated by Realmo AI

    200 20th Street, Rogers, AR 72758

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    For Sale
    $930,000

    SINGLE_FAMILY - Rogers, AR

    Type:Office
    Property size:
    3,120 SF
    Lot size:
    1.34 Acres
    Price / SF:
    $298/SF
    Added:
    Nov 15, 2022
    Days on Market:
    1301
    Last Refresh:
    Jun 8 at 4:06 pm

    Property Features for 200 20th Street

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    02-09332-001
    Size
    3,120 SF
    Lot size
    1.34 Acres

    Taxes and HOA fees

    Tax Description
    A/K/A ELMBROOKE PLAZA HORIZ PROP REGIME-ROGERS IMP ONLY SITS ON 02-09332-000 MASTER DEED 2006-15495
    Tax Annual Amount
    1428

    Building Details

    Year built
    2009
    Flooring type
    Brick

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    Listing Contact
    Paul Sandhu

    Listing agent Paul Sandhu License #SA00055119

    Listing office Dick Weaver And Associate Inc 1001 N Walton Blvd, AR

    Listing date Nov 15, 2022

    MLS# 1233606

    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

    • Unique office condo opportunity.
    • Convenient location just off Walnut.
    • Proximity to I‑49.
    • Close to Downtown Rogers.
    • Built in 2009.
    • Features brick flooring.

    Overview

    This commercial property, suitable for office use, is located in Rogers, Arkansas. The property has a size of 3120 square feet and is situated on a 1.34-acre lot. It is located just off Walnut Street, between I-49 and downtown Rogers.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $69.3k $22.20
    − Vacancy −$4.7k −$1.51
    EGI $64.6k $20.69
    − OpEx −$16.1k −$5.17
    NOI $48.4k $15.52
    3,120 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $691.7K
    $605.2K – $806.9K (±1% cap)
    NOI $48,416 @ 7.0% cap · market cap 5.21%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $857.4K
    $750.2K – $1.00M (±1% cap)
    NOI $60,018 @ 7.0% cap · market cap 6.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Holistic Beauty Nurse, ... Spa & Massage Center Worden & Worden CPAs ... Tax Preparation Brian Melloy, M.D. Medical Clinic Melloy Concierge and Aesthetics Medical Clinic Melloy Medical Group Medical Clinic

    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
    -94.146743
    Latitude
    36.332413

    FAQs

    What type of property is this?
    Office units - Office condo located near I-49 and downtown Rogers.
    Where is this office units located?
    The property is located at 200 20th Street Rogers, AR.
    What is the asking price?
    The asking price for this property is $930,000.
    What are key features of this property?
    This property features: Unique office condo opportunity.; Convenient location just off Walnut.; Proximity to I‑49.
    More about this property
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