New
For Sale
$425,000
2511 S Old Wire Road, Rogers, AR 72758
CommercialSale, Rogers, AR
Property Size2,018 SF
Lot Size1.35 Acres
Price / SF$210.60
Days on Market3
Property Features for 2511 S Old Wire Road
General Information
Property type
Commercial Sale
Property subtype
Other
Exterior features
Storage
Appliances
GasWaterHeater
Lot features
Rural Lot
Directions
Hwy 94 E (New Hope Rd) / R on Old Wire Rd
Standard status
Active
APN
02-00617-050
Size
2,018 SF
Lot size
1.35 Acres
Taxes and HOA fees
Tax Description
PART OF THE NW1/4 OF THE SE1/4 OF SECTION 19, TOWNSHIP 19 NORTH, RANGE 29 WEST, BENTON COUNTY, ARKANSAS MORE PARTICULARLY DESCRIBED AS FOLLOWS: FROM THE NE CORNER OF SAID NW1/4, SE1/4, SECTION 19 RUN THENCE WEST 988.80 FEET; THENCE SOUTH 323.80 FEET TO TH
Tax Annual Amount
1130
Legal Description
PART OF THE NW1/4 OF THE SE1/4 OF SECTION 19, TOWNSHIP 19 NORTH, RANGE 29 WEST, BENTON COUNTY, ARKANSAS MORE PARTICULARLY DESCRIBED AS FOLLOWS: FROM THE NE CORNER OF SAID NW1/4, SE1/4, SECTION 19 RUN THENCE WEST 988.80 FEET; THENCE SOUTH 323.80 FEET TO TH
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric
Water source
Public
Building Details
Flooring type
Vinyl, Carpet
Building materials
VinylSiding
Roof type
Shingle, Asphalt
Additional Structures
Storage
Listing Agency:
Lindsey & Assoc Inc Branch
(479) 636-2200
Listed By:
Nicki Rogers · License #EB00057815
(479) 659-2631
Added: Aug 21
Last Checked: Aug 23 at 2:06AM
MLS# 1359694
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.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,436
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$328,720
$328.7K
Cap Rate 7%
$234,800
$234.8K
Cap Rate 9%
$182,622
$182.6K
Market Conditions
NOI Build-Up for 2,018 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.7K $15.72/SF
− Vacancy
−$1.8K −$0.91/SF
EGI
$29.9K $14.81/SF
− OpEx
−$13.4K −$6.66/SF
NOI
$16.4K $8.14/SF
Area
Benton County, AR
Vacancy
5.80%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$328,720
Cap Rate 7%
$234,800
Cap Rate 9%
$182,622
Alternative Uses
Best Use
Apartment 5plus
$234.8K
$205.5K – $273.9K
NOI $16,436 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$554.6K
$485.2K – $647.0K
NOI $38,819 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
84
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
Where is this commercial land located?
The property is located at 2511 S Old Wire Road Rogers, AR.
What is the asking price?
The asking price for this property is $425,000.
