Mixed-Use
For Sale
$699,000
4621 S 47th Street, Rogers, AR 72758
CommercialSale, Rogers, AR
Property Size1,854 SF
Lot Size0.10 Acres
Price / SF$377.02
Days on Market249
Property Features for 4621 S 47th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Property condition
Under Construction
Parking features
Open, Garage
Appliances
TanklessWaterHeater
Lot features
Central Business District, City Lot
Directions
From I49 take exit 82 and go West on Pauline Whitaker Pkwy. Take the 3rd exit at the traffic circle. The townhomes will be on your left.
Standard status
Active
APN
02-24668-000
Size
1,854 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
100
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2025
Flooring type
Tile, Wood
Roof type
Shingle
Listing Agency:
Uptown Real Estate
(479) 358-7999
Listed By:
April Davis · License #PB00075129
(479) 200-9588
Added: Jan 20
Changed: Sep 16
Last Checked: Sep 26 at 8:06AM
MLS# 1333602
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.
Under-construction mixed-use townhome offering 1,854 square feet with three bedrooms and two bathrooms. The floor plan includes multiple private rooms that can accommodate office, conference, or workstation arrangements while retaining residential functionality. Wood and tile flooring, central heating and central air, a tankless water heater, and a shingle roof are specified. Parking includes a garage and open spaces.
Built in 2025 on a 0.1-acre lot, the property is located at 4621 S 47th Street in Rogers, Arkansas. Public water and public sewer serve the property. The mixed-use designation supports professional or residential occupancy, with the layout also suited to a live-work configuration.
Built in 2025 on a 0.1-acre lot, the property is located at 4621 S 47th Street in Rogers, Arkansas. Public water and public sewer serve the property. The mixed-use designation supports professional or residential occupancy, with the layout also suited to a live-work configuration.
Key Highlights
- 1,854 SF mixed‑use townhome with three bedrooms and two bathrooms
- Mixed‑use zoning supports residential, professional, and live‑work configurations
- Multiple private rooms accommodate offices, conference space, or workstations
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,770
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$575,400
$575.4K
Cap Rate 7%
$411,000
$411.0K
Cap Rate 9%
$319,667
$319.7K
Market Conditions
NOI Build-Up for 1,854 SF
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.
Gross rent
$41.2K $22.20/SF
− Vacancy
−$2.8K −$1.51/SF
EGI
$38.4K $20.69/SF
− OpEx
−$9.6K −$5.17/SF
NOI
$28.8K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$575,400
Cap Rate 7%
$411,000
Cap Rate 9%
$319,667
Alternative Uses
Best Use
Office B
$411.0K
$359.6K – $479.5K
NOI $28,770 @ 7.0% cap · market cap 4.12%
Second Best
Mixed Use
$184.3K
$161.3K – $215.1K
NOI $12,904 @ 7.0% cap · market cap 1.85%
Theoretical Best
Office A
$509.5K
$445.8K – $594.4K
NOI $35,664 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
Demographics for 72758, AR
45,105
Population
18,145
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
88%
High-School Grad
31.3 sq mi
ZIP Area
1,441
Density / Sq Mi
$94,605
Median Household Income
$49,856
Median Earnings
$1,300
Median Rent
$358,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use zoning supports residential, professional, or live-work use in a flexible townhome layout.
Where is this mixed-use property located?
The property is located at 4621 S 47th Street Rogers, AR.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1,854 SF mixed‑use townhome with three bedrooms and two bathrooms; Mixed‑use zoning supports residential, professional, and live‑work configurations; Multiple private rooms accommodate offices, conference space, or workstations
