Back to Search
Mixed-Use Development Property

2929 W Walnut Street Rogers, AR 72756

New
2929 W Walnut Street, Rogers, AR, 72756
$1,100,000
For Sale
Claim this Listing
$1,100,000

SINGLE_FAMILY - Rogers, AR

Property Size3,120 SF
Lot Size1.20 Acres
Price / SF$352.56
AddedJul 15
Days on Market2
Last RefreshJul 16 at 12:06 pm

Property Features for 2929 W Walnut Street

General Information

Property type
Residential
Property subtype
Office
Parking
4
Parking features
Parking Lot
Security features
Security
Exterior features
Storage
Appliances
ElectricWaterHeater
Standard status
Active
APN
02-00895-000
Size
3,120 SF
Lot size
1.20 Acres

Taxes and HOA fees

Tax Description
PART OF THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER OF SECTION 10, TOWNSHIP 19 NORTH, RANGE 30 WEST OF THE FIFTH PRINCIPAL MERIDIAN, ROGERS, BENTON COUNTY, ARKANSAS, DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF THE SE/4 OF THE NW/4 OF SA
Tax Annual Amount
4393

Utilities

Heating system
Central, Electric (Heating), Heat Pump (Heating)
Cooling system
Electric, Attic Fan, Heat Pump, Central Air
Water source
Well, Public

Building Details

Floors in Building
2
Flooring type
Wood, Brick, Tile, Laminate
Building materials
Brick, LogSiding
Roof type
Shingle
Additional Structures
Storage

Listing agent NuRi Jeong License #SA00077106

Listing office Coldwell Banker Harris McHaney & Faucette-Rogers 809 S 52nd Street, Rogers, AR

Listing date Jul 15, 2026

MLS# 1355432

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.


Investment Insights

Based on property information with market context.

This property consists of a 1.2-acre lot with an existing 3,120-square-foot building that can be used for office or retail. Additional improvements include two storage units in the back. Site utilities include all-electric service, with gas available on site, and two water sources: city and well water. A 250 GB grease interceptor is also available on site for restaurant or food truck use.

The location is about 1 mile off I-49 and near a major shopping district in Rogers. The lot backs to a residential area and offers major road frontage on Walnut St.

The asset is configured for flexible development and adaptive reuse, combining an existing building with supporting site amenities and utility readiness for a variety of commercial or mixed-use concepts.

Key Highlights

  • +/- 1.2‑acre lot with major road frontage on Walnut St; backs to a residential area
  • Existing 3,120 SF building suited for office or retail use
  • Grease interceptor (250 GB) available on site for restaurant or food truck use

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $69.3k $22.20
− Vacancy −$4.7k −$1.51
EGI $64.6k $20.69
− OpEx −$16.1k −$5.17
NOI $48.4k $15.52
3,120 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$691.7K
$605.2K – $806.9K (±1% cap)
NOI $48,416 @ 7.0% cap · market cap 4.40%
Second Best
Retail
$507.0K
$443.7K – $591.6K (±1% cap)
NOI $35,493 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$857.4K
$750.2K – $1.00M (±1% cap)
NOI $60,018 @ 7.0% cap · market cap 5.46%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

J.R.'S mowing and cleaning Painting Service BAP CHA Restaurant

Suggested Use

Law Firm HVAC Service Parking Lot & Garage Grocery & Convenience Store Auto Parts Store Building Supply Gym & Fitness Center Pharmacy (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - 1.2-acre parcel with an existing 3,120 sq. ft. building and major road frontage on Walnut St.
Where is this office units located?
The property is located at 2929 W Walnut Street Rogers, AR.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: +/- 1.2‑acre lot with major road frontage on Walnut St; backs to a residential area; Existing 3,120 SF building suited for office or retail use; Grease interceptor (250 GB) available on site for restaurant or food truck use
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message