Garden Office Park Two-Story
5209 W Village Parkway Rogers, AR 72758
5209 W Village Parkway, Rogers, AR, 72758
$4,148,250
For Sale
$4,148,250
SINGLE_FAMILY - Rogers, AR
Property Size11,062 SF
Price / SF$375
Days on Market368
Property Features for 5209 W Village Parkway
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 02-13642-000
- Size
- 11,062 SF
Taxes and HOA fees
- Tax Description
- PLAT 20-215 LOT SPLIT 1-501 8/13/98 LOT SPLIT P-1-694 10/23/98
Building Details
- Year built
- 1998
- Floors in Building
- 2
- Flooring type
- Carpet, Tile
Listing Agency
Devereux Group
(479) 464-4292
5204 W Village Parkway, Rogers, AR
Listed by
Pat Morrison · License #EB00015490
(479) 936-4200
Added: Jul 15, 2025 Checked: Jul 17 at 8:06 pm
MLS# 1314740
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 two-story office building in Village on the Creeks offers two full floors totaling 32 offices, along with two file rooms, two conference rooms, and a breakroom for daily operations.
Village on the Creeks is described as a garden office park serving office, retail, restaurant, and medical tenants, and includes a walking trail on the Razorback Greenway as well as a lake with views.
The property is located at 5209 W Village Parkway in Rogers, Arkansas, and is also referenced as a commercial lease listing under MLS#1294678.
Village on the Creeks is described as a garden office park serving office, retail, restaurant, and medical tenants, and includes a walking trail on the Razorback Greenway as well as a lake with views.
The property is located at 5209 W Village Parkway in Rogers, Arkansas, and is also referenced as a commercial lease listing under MLS#1294678.
Key Highlights
- 1998‑built office property in Village on the Creeks garden office park
- Two full floors with 32 total offices
- Includes 2 file rooms, 2 conference rooms, and a breakroom
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 | $245.6k | $22.20 |
| − Vacancy | −$16.7k | −$1.51 |
| EGI | $228.9k | $20.69 |
| − OpEx | −$57.2k | −$5.17 |
| NOI | $171.7k | $15.52 |
11,062 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.45M
$2.15M – $2.86M
NOI $171,658 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.04M
$2.66M – $3.55M
NOI $212,794 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Merrill Lynch: Boskus ...
Insurance Agency
Merrill Lynch Financial ...
Financial Advisor
Merrill Lynch Financial ...
Financial Advisor
Merrill Lynch Financial ...
Financial Advisor
Merrill Lynch Wealth ...
Financial Advisor
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FAQs
What type of property is this?
Office building - Two full floors with 32 offices, file rooms, conference rooms, and a breakroom within Village on the Creeks.
Where is this office building located?
The property is located at 5209 W Village Parkway Rogers, AR.
What is the asking price?
The asking price for this property is $4,148,250.
What are key features of this property?
This property features: 1998‑built office property in Village on the Creeks garden office park; Two full floors with 32 total offices; Includes 2 file rooms, 2 conference rooms, and a breakroom
