Office Condo with Brick
For Sale
$930,000
200 20th Street, Rogers, AR 72758
CommercialSale, Rogers, AR
Property Size3,120 SF
Lot Size1.34 Acres
Price / SF$298.08
Days on Market1422
Property Features for 200 20th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Lot features
Central Business District, City Lot
Directions
Directions: From the intersection of I-49 & Walnut East on Walnut to S. 20th Street. South on 20th Street to Elmbrooke Plaza. Located on the east side of the street.
Standard status
Active
APN
02-09332-001
Size
3,120 SF
Lot size
1.34 Acres
Taxes and HOA fees
Tax Description
A/K/A ELMBROOKE PLAZA HORIZ PROP REGIME-ROGERS IMP ONLY SITS ON 02-09332-000 MASTER DEED 2006-15495
Tax Annual Amount
1428
Legal Description
A/K/A ELMBROOKE PLAZA HORIZ PROP REGIME-ROGERS IMP ONLY SITS ON 02-09332-000 MASTER DEED 2006-15495
Building Details
Year built
2009
Flooring type
Brick
Listing Agency:
Dick Weaver And Associate Inc
(479) 721-1102
Listed By:
Paul Sandhu · License #SA00055119
(479) 721-5660
Added: Nov 15, 2022
Changed: Sep 2
Last Checked: Oct 7 at 7:06AM
MLS# 1233606
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 office condominium contains 3,120 square feet within a 2009-built property. Brick flooring is identified among the interior finishes, providing a durable surface suited to professional office use. The property occupies a 1.34-acre lot and is located at 200 20th Street in Rogers, Arkansas.
The office is situated just off Walnut, with a position between I-49 and downtown Rogers. Its location provides a defined relationship to both the interstate corridor and central Rogers while retaining an office-focused setting.
The office is situated just off Walnut, with a position between I-49 and downtown Rogers. Its location provides a defined relationship to both the interstate corridor and central Rogers while retaining an office-focused setting.
Key Highlights
- 3,120‑square‑foot office condominium
- Built in 2009
- Brick flooring
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
Lease Details
Yes
Highway access
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
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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 condominium positioned just off Walnut between I-49 and downtown Rogers.
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: 3,120‑square‑foot office condominium; Built in 2009; Brick flooring
