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Medical Office Space with Flexible Suites
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3462 Pleasant Grove, Rogers, AR 72758

Newly constructed first-generation space offers frontage along W. Pleasant Grove Road and can be configured for different office needs.

Property Size2,000 SF
Price / SF$0.02
Days on Market87

Property Features for 3462 Pleasant Grove

General Information

Standard status Active
Size 2,000 SF
Property subtype MixedUse

Additional Details

Property Use Medical Office
Listing Agency: EXP Realty LLC
Listed By: Brady Hanger
Source: Hangerpropertygroup
Added: Aug 4 Changed: Oct 28 Last Checked: Oct 28 at 4:43PM

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 EXP Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This newly constructed medical office property contains 3,988± SF of first-generation space. The available area can be leased as one suite or divided into spaces of approximately 2,000± SF.

The building has frontage along W. Pleasant Grove Road in Rogers, Arkansas, with visibility from the road. The flexible suite configuration supports medical, dental, wellness, and professional office uses.

Key Highlights

  • 3,988± SF of first‑generation medical office space
  • Available as one suite or divisible into approximately 2,000± SF spaces
  • Frontage along W. Pleasant Grove Road in Rogers, Arkansas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,209
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,180 $484.2K
Cap Rate 7%
$345,843 $345.8K
Cap Rate 9%
$268,989 $269.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$43.2K $21.60/SF
− Vacancy
−$2.9K −$1.43/SF
EGI
$40.3K $20.17/SF
− OpEx
−$16.1K −$8.07/SF
NOI
$24.2K $12.10/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,180
Cap Rate 7%
$345,843
Cap Rate 9%
$268,989

Alternative Uses

Best Use
Office B
$443.4K
$388.0K – $517.3K (±1% cap)
NOI $31,036 @ 7.0% cap · market cap 91,282.35%
Second Best
Healthcare Medical
$345.8K
$302.6K – $403.5K (±1% cap)
NOI $24,209 @ 7.0% cap · market cap 71,202.94%
Theoretical Best
Office A
$549.6K
$480.9K – $641.2K (±1% cap)
NOI $38,473 @ 7.0% cap · market cap 113,155.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Real Estate Agency Hair Salon Restaurant

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

115
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Similar Off Market Nearby

  • All Pets Animal Hospital - Rogers — 5301 S Southern Hills Ct, Rogers, AR 72758

Frequently Asked Questions

What type of property is this?
Medical Office Space - Newly constructed first-generation space offers frontage along W. Pleasant Grove Road and can be configured for different office needs.
Where is this medical office space located?
The property is located at 3462 Pleasant Grove Rogers, AR.
What are key features of this property?
This property features: 3,988± SF of first‑generation medical office space; Available as one suite or divisible into approximately 2,000± SF spaces; Frontage along W. Pleasant Grove Road in Rogers, Arkansas
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