Renovated Historic Mixed-Use
For Sale
$1,099,000
206 W Walnut, Rogers, AR 72756
Two-level commercial configuration includes street-facing business space below and adaptable upper-floor area for offices or living quarters.
Property Size3,672 SF
Price / SF$299.29
Days on Market73
Property Features for 206 W Walnut
General Information
Standard status
Active
Size
3,672 SF
Building Details
Year Built
1909
Year Renovated
1995
Buildings
1
Building Size
3,672 SF
Listing Agency:
Collier & Associates- Rogers Branch
Listed By:
Duane Wright · License #EB00082647
(501) 230-5290
Source:
Thebesthomeprice
Added: Aug 5
Changed: Sep 14
Last Checked: Oct 7 at 1:04PM
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 Collier & Associates- Rogers Branch
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Investment Insights
Based on property information with market context.
Located at 206 W Walnut in Rogers, this historic mixed-use building contains 3,672 SF across two levels. Constructed in 1909, the property underwent a full restoration and code updates in 1995. The lower floor provides 2,611 SF of commercial area, while the 1,061 SF upper floor can accommodate offices, living quarters, or another supported use identified for the space.
Building improvements include separate HVAC systems for the two levels, enhanced security features, and a TPO membrane roof installed in 2017 with 2' ISO insulation. The property sits beside public parking for customer access and is within walking distance of downtown dining, retail, entertainment, parks, and the Railyard Entertainment District.
Building improvements include separate HVAC systems for the two levels, enhanced security features, and a TPO membrane roof installed in 2017 with 2' ISO insulation. The property sits beside public parking for customer access and is within walking distance of downtown dining, retail, entertainment, parks, and the Railyard Entertainment District.
Key Highlights
- 3,672 SF mixed‑use building at 206 W Walnut, Rogers, AR 72756
- Built in 1909; restored and brought up to code in 1995
- Main level contains 2,611 SF of commercial space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,773
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,460
$835.5K
Cap Rate 7%
$596,757
$596.8K
Cap Rate 9%
$464,144
$464.1K
Market Conditions
NOI Build-Up for 3,672 SF
Gross rent
$63.9K $17.40/SF
− Vacancy
−$4.2K −$1.15/SF
EGI
$59.7K $16.25/SF
− OpEx
−$17.9K −$4.88/SF
NOI
$41.8K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,460
Cap Rate 7%
$596,757
Cap Rate 9%
$464,144
Alternative Uses
Best Use
Retail
$596.8K
$522.2K – $696.2K
NOI $41,773 @ 7.0% cap · market cap 3.80%
Second Best
Mixed Use
$365.1K
$319.5K – $426.0K
NOI $25,557 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$1.01M
$883.0K – $1.18M
NOI $70,636 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,036
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 13%
Home Improvements & Furnishings 12%
Beauty & Spa 3%
Casey's
Shops & Services
17,840 visits/mo
0.3 miles
SUBWAY
Dining
4,951 visits/mo
0.5 miles
True Value Hardware
Home Improvements & Furnishings
4,277 visits/mo
0.4 miles
AutoZone
Shops & Services
4,056 visits/mo
0.5 miles
Arvest Bank
Shops & Services
2,728 visits/mo
0.1 miles
Demographics for 72756, AR
41,875
Population
17,225
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
86%
High-School Grad
129.9 sq mi
ZIP Area
322
Density / Sq Mi
$70,900
Median Household Income
$37,510
Median Earnings
$914
Median Rent
$243,000
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level commercial configuration includes street-facing business space below and adaptable upper-floor area for offices or living quarters.
Where is this mixed-use property located?
The property is located at 206 W Walnut Rogers, AR.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 3,672 SF mixed‑use building at 206 W Walnut, Rogers, AR 72756; Built in 1909; restored and brought up to code in 1995; Main level contains 2,611 SF of commercial space
