Mixed-Use Development
2929 W Walnut Street Rogers, AR 72756
New
2929 W Walnut Street, Rogers, AR, 72756
$1,100,000
For Sale
$1,100,000
SINGLE_FAMILY - Rogers, AR
Property Size3,120 SF
Lot Size1.20 Acres
Price / SF$352.56
Days on Market2
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 Agency
Coldwell Banker Harris McHaney & Faucette-Rogers
(479) 696-0600
809 S 52nd Street, Rogers, AR
Listed by
NuRi Jeong · License #SA00077106
(479) 899-4224
Added: Jul 15 Checked: Jul 16 at 3:06 pm
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.
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
NOI $48,416 @ 7.0% cap · market cap 4.40%
Second Best
Retail
$507.0K
$443.7K – $591.6K
NOI $35,493 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$857.4K
$750.2K – $1.00M
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
Similar For Sale Nearby
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
