Land Near SE Walton
For Sale
$4,299,000
Pending
1501 Rainbow Road, Rogers, AR 72758
LAND - Rogers, AR
Property SizeContact for details
Lot Size13.35 Acres
Days on Market1294
Property Features for 1501 Rainbow Road
General Information
Property type
Land
Property subtype
Other
Lot features
Level
Elementary school district
Rogers
Middle school district
Rogers
High school district
Rogers
Directions
From Walton Blvd, travel south on S Rainbow Road for 0.3 miles. Listing is on the left past Dual Cities Crossfit and Tribe Soccer.
Standard status
Pending
APN
02-00861-107
Lot size
13.35 Acres
Taxes and HOA fees
Tax Description
See Tax Card
Tax Annual Amount
11720
Legal Description
See Tax Card
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Colliers International - Branch Office
(479) 636-9000
Listed By:
Daniel Smith · License #AB00089282
(479) 318-8488
Added: Feb 6, 2023
Changed: Jul 7
Last Checked: Aug 23 at 8:06AM
MLS# 1238374
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 large 13.35-acre tract of land is located south of SE Walton Blvd, offering convenient access to both Rogers and Bentonville amenities. The property is near several retailers and provides quick access to Interstate 49 and major arterial roads. With 500 feet of frontage on Rainbow Road, the site is zoned "T5.1," Town Center Low in Rogers jurisdiction, allowing for a mix of office, mixed-use, multifamily, and commercial buildings. The area is experiencing high growth and is immediately adjacent to Bentonville and SE Walton Blvd. The property is 2.6 miles from the 350-acre Walmart Home Office campus. The potential and best use is for a garden-style or mid-rise multifamily project or active adult community.
Key Highlights
- Prime location near SE Walton Blvd, Rogers and Bentonville amenities, and Interstate 49.
- Large 13.35‑acre tract suitable for garden‑style/mid‑rise multifamily or active adult community.
- Zoned "T5.1," Town Center Low, allowing for mixed‑use, multifamily, office, and commercial buildings.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
456
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 13.35 acres near retailers, Rogers and Bentonville amenities.
Where is this commercial land located?
The property is located at 1501 Rainbow Road Rogers, AR.
What is the asking price?
The asking price for this property is $4,299,000.
What are key features of this property?
This property features: Prime location near SE Walton Blvd, Rogers and Bentonville amenities, and Interstate 49.; Large 13.35‑acre tract suitable for garden‑style/mid‑rise multifamily or active adult community.; Zoned "T5.1," Town Center Low, allowing for mixed‑use, multifamily, office, and commercial buildings.
