Listing Agency: Wright St. Real Estate Show Phone

Listed By: Matthew Zaidner · License #SA00078025 Show Phone

Source: Connectrealtynwa

Added: Jul 17 Changed: Oct 12 Last Checked: Oct 16 at 8:52AM

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 Wright St. Real Estate

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 2025-built end-unit flex space is fully drywalled and includes installed lighting, electrical outlets, and a completed HVAC system. The suite also features a 14’H x 12’W overhead door and high ceilings, providing a functional base for customization.

The property is located at 2109 31st Street in Rogers, directly across from Pinnacle Hills Promenade and beside the future Ozark FC arena. It is part of a gated enclave designed for individually owned commercial suites.

The end-unit layout and existing interior improvements provide a finished starting point for a customized workspace, office environment, vehicle display area, or creative studio.

Key Highlights

• 2025‑built end‑unit flex space
• Fully drywalled interior with installed lighting and electrical outlets
• Completed HVAC system with air handler

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

Industrial

$67.2K

$58.8K – $78.4K (±1% cap)

NOI $4,704 @ 7.0% cap · market cap 1.19%

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

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Big Box & Wholesale Store Storage Facility Real Estate Agency

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

Collector Flex Suite with Overhead Door

2101 S 31st Street suite 8, 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

Industrial Flex Building

2103 S 8th Street, Rogers, AR 72758

$1,275,000

8,100 SF

View details

Concrete Office Building

624 N B Street, Rogers, AR 72756

$285,000

1,400 SF

View details

Mixed-Use Townhome

4615 S 47th Street, Rogers, AR 72758

$499,000

1,467 SF

View details

Furnished Short-Term Rental Property

8210 Chestnut Drive, Rogers, AR 72756

$450,000

1,672 SF

View details

Updated Duplex with Two Homes

707 S 7th Street, Rogers, AR 72756

$350,000

1,777 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 - Finished commercial suite with HVAC, lighting, electrical outlets, and a 14-foot-high by 12-foot-wide overhead door.

Where is this flex space located?

The property is located at 2109 31st Street 117 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: 2025‑built end‑unit flex space; Fully drywalled interior with installed lighting and electrical outlets; Completed HVAC system with air handler