Building Details

Year Built 2025

Listing Agency: Collier & Associates Show Phone

Listed By: Sara Posey · License #EB00060940 Show Phone

Source: Exitrealty

Added: Jul 29 Changed: Sep 29 Last Checked: Sep 30 at 9:47AM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 1,250-square-foot flex suite is part of a purpose-built collector community scheduled for 2025 completion. The space includes a 14-foot-high by 12-foot-wide overhead door, supporting storage, hobby, and gathering uses described for the development. A mezzanine may be added by the buyer through a preferred or otherwise approved contractor.

The property is located at 2101 S 31st Street in Rogers, adjacent to Promenade Mall within the city’s Entertainment District. Pinnacle Country Club, Estates at Southgate, and Shadow Valley are each identified as 1.5 miles away. The development is planned as a gated community for collectors and enthusiasts seeking dedicated space outside the home.

Key Highlights

• 1,250‑square‑foot flex suite in a purpose‑built collector community
• 14'H X 12'W overhead door
• 2025 year built

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,667

Cap Rate

3.21%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$253,340 $253.3K

Cap Rate 7%

$180,957 $181.0K

Cap Rate 9%

$140,744 $140.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,250 SF

Gross rent

$21.0K $16.80/SF

− Vacancy

−$1.5K −$1.21/SF

EGI

$19.5K $15.59/SF

− OpEx

−$6.8K −$5.46/SF

NOI

$12.7K $10.13/SF

Area

Benton County, AR

Vacancy

7.20%

Lease Rate

$16.80 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$253,340

Cap Rate 7%

$180,957

Cap Rate 9%

$140,744

Alternative Uses

Best Use

Flex RnD

$181.0K

$158.3K – $211.1K (±1% cap)

NOI $12,667 @ 7.0% cap · market cap 3.21%

Second Best

Warehouse

$81.6K

$71.4K – $95.2K (±1% cap)

NOI $5,712 @ 7.0% cap · market cap 1.45%

Theoretical Best

Office A

$343.5K

$300.6K – $400.8K (±1% cap)

NOI $24,046 @ 7.0% cap · market cap 6.09%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Building Supply Auto Parts Store Storage Facility Kitchen & Bath Showroom Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

700

Businesses Nearby

Well-served

Demand for This Use

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

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Similar For Sale Nearby

See more

Flex Space with Overhead Door

2103 S 31st Street, Rogers, AR 72758

$395,000

1,250 SF

View details

End-Unit Flex Space

2109 31st Street, Rogers, AR 72758

$395,000

1,250 SF

View details

Flex Suite with Individual HVAC

2103 S 31st Street 16, 17, Rogers, AR 72758

$780,000

1,250 SF

View details

Updated Office Units with Storage

700 W Oak St, Rogers, AR 72756

$625,000

1,956 SF

View details

Flex Space with Covered Work Area

5203 Highway 94, Rogers, AR 72756

$660,000

3,040 SF

View details

Triple-Suite Flex Space

2103 31st Street Triple Suite 16, 17, 18, Rogers, AR 72758

$1,185,000

3,750 SF

View details

Warehouse with Laydown Yard

195 N Highway 62, Rogers, AR 72756

$900,000

5,000 SF

View details

Manufacturing Facility with Crane

3827 N Arkansas Street, Rogers, AR 72756

$1,100,000

7,300 SF

View details

Industrial Flex Building

2103 S 8th Street, Rogers, AR 72758

$1,275,000

8,100 SF

View details

Two-Tenant Warehouse Property

3850 S Honeysuckle, Rogers, AR 72758

$3,500,000

13,760 SF

View details

Warehouse With Loading Docks

401 W Stribling Drive, Rogers, AR 72756

$3,100,000

32,000 SF

View details

Warehouse with One Dock Door

2003 Town West Dr, Rogers, AR 72756

Contact for pricing

8,600 SF

View details

Similar Off Market Nearby

• Catering Concepts — 5001 Founders Dr, Rogers, AR 72758
• Shameless Food NWA — 2121 S Bellview Rd, Rogers, AR 72758

Frequently Asked Questions

What type of property is this?

Flex space - Purpose-built flex space within a gated collector community next to Promenade Mall and Rogers’ Entertainment District.

Where is this flex space located?

The property is located at 2101 S 31st Street suite 8 Rogers, AR.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: 1,250‑square‑foot flex suite in a purpose‑built collector community; 14'H X 12'W overhead door; 2025 year built