Office Condo Near Interstate
200 20th Street Rogers, AR 72758
For Sale
$930,000
SINGLE_FAMILY - Rogers, AR
Property Size3,120 SF
Lot Size1.34 Acres
Price / SF$298.08
Days on Market1348
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
Listing Agency:
Dick Weaver And Associate Inc
(479) 721-1102
Listed By:
Paul Sandhu · License #SA00055119
(479) 721-5660
Added: Nov 15, 2022
Changed: Jul 7
Last Checked: Jul 25 at 7:06AM
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.
Investment Insights
Based on property information with market context.
This offering is an office condo property totaling 3,120 square feet, situated on a 1.34-acre lot. It is presented as a single asset for an owner-user or tenant who values a defined, condo-style commercial space.
The property is located at 200 20th Street in Rogers, Arkansas, with access described as being just off Walnut between I-49 and downtown Rogers. The location positioning is intended to support convenient drives to both the interstate and the downtown area.
For buyers or operators seeking office space in a condo format, the building size supports a range of administrative and professional uses. The property’s established commercial configuration and self-contained ownership structure can be helpful for organizations that prefer direct control of their workplace environment.
The property is located at 200 20th Street in Rogers, Arkansas, with access described as being just off Walnut between I-49 and downtown Rogers. The location positioning is intended to support convenient drives to both the interstate and the downtown area.
For buyers or operators seeking office space in a condo format, the building size supports a range of administrative and professional uses. The property’s established commercial configuration and self-contained ownership structure can be helpful for organizations that prefer direct control of their workplace environment.
Key Highlights
- Unique office condo opportunity.
- Convenient location just off Walnut.
- Proximity to I‑49.
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
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
NOI $60,018 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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
FAQs
What type of property is this?
Office units - An office condo setting with substantial space, located just off Walnut in Rogers for flexible business use.
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.
