Flex Space with Overhead
For Sale
$395,000
2103 S 31st Street, Rogers, AR 72758
CommercialSale, Rogers, AR
Property Size1,250 SF
Price / SF$316
Days on Market50
Property Features for 2103 S 31st Street
General Information
Property type
Commercial Sale
Property subtype
Office
Property condition
Under Construction
Lot features
Business Park, Central Business District, City Lot
Directions
From I49 take the Promenade Pinnacles Hills Exit. Head E on Promenade Blvd, then North on Bellview. Turn right on Hampton place and property is on your right 2103 S 31st street. Few suites remain available to purchase. Do not bother owners or walk in spaces. Apt only
Standard status
Active
APN
02-01694-328
Size
1,250 SF
Taxes and HOA fees
Tax Description
MASTER DEED 3/07/2025 L202511856 (BYLAWS PG 14) IMP ONLY SITS ON 02-01694-036
Legal Description
MASTER DEED 3/07/2025 L202511856 (BYLAWS PG 14) IMP ONLY SITS ON 02-01694-036
Amenities
overhead doors
gated community
Building Details
Year built
2026
Listing Agency:
Collier & Associates
(479) 274-0662
Listed By:
Sara Posey · License #EB00060940
(479) 264-2471
Added: Sep 3
Changed: Oct 16
Last Checked: Oct 22 at 7:06PM
MLS# 1361009
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.
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Investment Insights
Based on property information with market context.
This under-construction flex space is part of a purpose-built collector-focused community in Rogers. Each suite measures 1,250 square feet and includes a 14'H x 12'W overhead door. Construction is scheduled for completion in 2026, while interior buildout will be completed after purchase at the buyer’s cost.
The gated development is adjacent to the Promenade Mall in Rogers’ Entertainment District. The property is 1.5 miles from Pinnacle Country Club, Estates at Southgate, and Shadow Valley. Suites 16–20 are identified as the remaining available spaces.
The gated development is adjacent to the Promenade Mall in Rogers’ Entertainment District. The property is 1.5 miles from Pinnacle Country Club, Estates at Southgate, and Shadow Valley. Suites 16–20 are identified as the remaining available spaces.
Key Highlights
- 1,250‑square‑foot flex suites
- 14'H x 12'W overhead doors
- Under construction with 2026 completion
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
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
NOI $12,667 @ 7.0% cap · market cap 3.21%
Second Best
Warehouse
$81.6K
$71.4K – $95.2K
NOI $5,712 @ 7.0% cap · market cap 1.45%
Theoretical Best
Office A
$343.5K
$300.6K – $400.8K
NOI $24,046 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Shameless Food NWA — 2121 S Bellview Rd, Rogers, AR 72758
Frequently Asked Questions
What type of property is this?
Flex space - Under-construction suites in a gated collector-focused community offer buyer-funded buildout flexibility.
Where is this flex space located?
The property is located at 2103 S 31st Street 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 suites; 14'H x 12'W overhead doors; Under construction with 2026 completion
