Rogers Office Condo
For Sale
$930,000
200 20th Street, Rogers, AR 72758
Office condo for sale near downtown Rogers and I-49.
Property Size3,120 SF
Price / SF$298.08
Days on Market278
Property Features for 200 20th Street
General Information
Standard status
Active
Size
3,120 SF
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$1,428
Building Details
Year Built
2009
Listing Agency:
Dick Weaver And Associate Inc
(479) 721-1102
Listed By:
Paul Sandhu · License #SA00055119
(479) 721-5660
Source:
Exitrealty
Added: Jan 1
Changed: Aug 8
Last Checked: Aug 25 at 5:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dick Weaver And Associate Inc
Investment Insights
Based on property information with market context.
This commercial property is an office condo located near Walnut Street, between I-49 and downtown Rogers. The property offers a total size of 3120 square feet and is intended for use as office space.
Key Highlights
- Unique Opportunity: a rare find with great potential.
- Office Condo: ideal for business owners or investors.
- Location: Just off Walnut, offering great accessibility and visibility.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,416
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,320
$968.3K
Cap Rate 7%
$691,657
$691.7K
Cap Rate 9%
$537,956
$538.0K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$69.3K $22.20/SF
− Vacancy
−$4.7K −$1.51/SF
EGI
$64.6K $20.69/SF
− OpEx
−$16.1K −$5.17/SF
NOI
$48.4K $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 Rate 5%
$968,320
Cap Rate 7%
$691,657
Cap Rate 9%
$537,956
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 authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
798
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office condo for sale near downtown Rogers and I-49.
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 Opportunity: a rare find with great potential.; Office Condo: ideal for business owners or investors.; Location: Just off Walnut, offering great accessibility and visibility.
