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Remodeled Medical Office Suite
For Sale
$899,000

200 S 20th Street, Rogers, AR 72758

CommercialSale, Rogers, AR

Property Size3,000 SF
Price / SF$299.67
Days on Market132

Property Features for 200 S 20th Street

General Information

Property type Commercial Sale
Property subtype Other
Lot features Central Business District, Corner Lot
Directions From W. walnut St turn onto S 20th St & the building is on the corner or 20th St & Elm St.
Standard status Active
APN 02-09332-003
Size 3,000 SF

Taxes and HOA fees

Tax Description See extended legal
Legal Description See extended legal

Building Details

Year built 2006
Floors in Building 1
Flooring type Laminate, Simulatedwood
Listing Agency: Lindsey & Associates Inc
Listed By: Jeff Pederson · License #SA00067378
Added: May 29 Changed: Sep 13 Last Checked: Oct 7 at 9:06PM
MLS# 1348891

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 3,000-square-foot medical office suite is arranged for clinical use within a multi-tenant building. The layout includes 9 offices or exam rooms, with 7 equipped with sinks, along with 5 bathrooms, a reception desk, and a waiting area. A break room with kitchenette, storage closet, and attic storage provide additional support space.

The suite has undergone comprehensive updates, including new flooring, paint, hardware, lighting fixtures, countertops, and painted cabinets. Additional improvements include new toilets, a roof installed in 2021, and refreshed deck and fence areas. The property was built in 2006 and is located at 200 S 20th Street in Rogers, Arkansas.

Key Highlights

  • 3,000 SF medical office suite in a multi‑tenant building
  • 9 offices or exam rooms, including 7 plumbed with sinks
  • 5 bathrooms plus dedicated reception and waiting areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,553
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,060 $931.1K
Cap Rate 7%
$665,043 $665.0K
Cap Rate 9%
$517,256 $517.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$66.6K $22.20/SF
− Vacancy
−$4.5K −$1.51/SF
EGI
$62.1K $20.69/SF
− OpEx
−$15.5K −$5.17/SF
NOI
$46.6K $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%
$931,060
Cap Rate 7%
$665,043
Cap Rate 9%
$517,256

Alternative Uses

Best Use
Office B
$665.0K
$581.9K – $775.9K (±1% cap)
NOI $46,553 @ 7.0% cap · market cap 5.18%
Second Best
Healthcare Medical
$518.8K
$453.9K – $605.2K (±1% cap)
NOI $36,314 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$824.4K
$721.4K – $961.8K (±1% cap)
NOI $57,709 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Holistic Beauty Nurse, ... Spa & Massage Center Worden & Worden CPAs ... Tax Preparation Brian Melloy, M.D. Medical Clinic Melloy Concierge and Aesthetics Medical Clinic Melloy Medical Group Medical Clinic

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Building Supply Auto Parts Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby
Under-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured for clinical operations with multiple plumbed exam rooms, private offices, patient reception, and support areas.
Where is this medical office space located?
The property is located at 200 S 20th Street Rogers, AR.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 3,000 SF medical office suite in a multi‑tenant building; 9 offices or exam rooms, including 7 plumbed with sinks; 5 bathrooms plus dedicated reception and waiting areas
More about this property
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