Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5209 W Village PKWY Rogers, AR 72758

    View on Map
    Picture of Office Units at 5209 W Village PKWY, Rogers, AR
    For Sale
    Contact for pricing

    Office - Rogers, AR

    Type:Office
    Property size:
    11,062 SF
    Added:
    Dec 24, 2024
    Days on Market:
    469
    Last Refresh:
    Apr 7 at 9:06 am

    Property Features for 5209 W Village PKWY

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Size
    11,062 SF

    Building Details

    Year built
    1999
    Architectural style
    Other

    We can help!

    Listing Contact
    Pat Morrison

    Listing agent Pat Morrison

    Listing office Devereux Group 5204 W. Village Parkway, Rogers, AR

    Listing date Dec 24, 2024

    MLS# 1294678 Listing URL

    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.

    Overview

    Rogers Office Space For Sale

    Located in Rogers, Arkansas, this office space is situated within the Village on the Creeks, the largest garden office park in Northwest Arkansas. The park accommodates office, retail, restaurant, and medical tenants. Enhancing the quality of life, the property features a walking trail on Razorback Greenway and a lake with views. The available space encompasses 11,062 square feet across two full floors. The layout includes 32 offices, 2 file rooms, 2 conference rooms, and a breakroom.
    Property Profile Insight Report 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

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Spa & Massage Center Auto Repair Shop Big Box & Wholesale Store Hair Salon Dental Office Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.188583
    Latitude
    36.317827

    Nearby Similar for Sale

    • $750,000
      6,320 SF

      Restaurant/Bar Space For Sale

      Restaurant/bar space for sale near Beaver Lake in Rogers, AR.
      14528 E Hwy 12, Rogers, AR 72756
      View Details
    • $949,999
      5,280 SF

      Versatile Commercial Property in Rogers

      Multi-use commercial property with warehouse and retail potential in Rogers.
      10911 & 10915 N Old Wire RD, Rogers, AR 72756
      View Details
    • $1.31
      2,972 SF

      Downtown Rogers Office/Retail Building

      High-visibility office/retail building in Downtown Rogers. Owner financing available.
      401 N 2ND ST, Rogers, AR 72756
      View Details
    • $14
      3,000 SF

      Versatile Commercial Space in Rogers

      3,000 SF commercial space in high-visibility Rogers location.
      2600 W Hudson RD, Rogers, AR 72756
      View Details
    • $11
      8,880 SF

      Rogers Warehouse/Office on 1.8 Acres

      9,000 SF warehouse/office space near Downtown Rogers.
      721 N 2nd ST, Rogers, AR 72756
      View Details
    • $12
      5,110 SF

      Rogers Flex Space Available

      5,110 SF flex space for lease in Rogers, AR.
      1721 Acorn DR, Rogers, AR 72756
      View Details
    • $16
      3,275 SF

      Prime Retail Space in Rogers

      Highly visible retail space with showroom and warehouse.
      4408 W Walnut ST Unit #Suite 1&2, Rogers, AR 72756
      View Details
    • $36
      2,925 SF

      Downtown Rogers Class A Office

      Class A office space in Downtown Rogers with modern amenities.
      303 S Arkansas ST Unit #2, Rogers, AR 72756
      View Details
    • $23
      41,464 SF

      Rogers Office Space For Sale

      Available office space in a highly accessible Rogers location.
      3605 Southern Hills BLVD Unit #100, Rogers, AR 72758
      View Details
    • $18
      1,750 SF

      Retail Space in Kingston Centre

      Retail space in Rogers with high traffic and great visibility.
      4408 W Walnut ST Unit #9, Rogers, AR 72756
      View Details
    • $22
      9,668 SF

      Historic Rogers Office/Retail Building

      Prime downtown Rogers location with historic charm and high visibility.
      114 W Elm ST, Rogers, AR 72756
      View Details
    • $1,300,000
      2,878 SF

      Mixed-Use Property on Promenade Blvd

      Rare live/work opportunity near Promenade Mall and Razorback Greenway Trail.
      303 S Promenade BLVD, Rogers, AR 72758
      View Details

    FAQs

    What type of property is this?
    Office units - Two-story office space in Rogers, Arkansas, with multiple amenities.
    Where is this office units located?
    The property is located at 5209 W Village PKWY Rogers, AR.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Largest garden office park in Northwest Arkansas.; Two full floors with 32 offices.; Includes 2 conference rooms and a breakroom.
    (479) 464-4292
    We can help!
    Listing Contact
    Pat Morrison
    Real Estate License ID: EB00015490
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!