Mixed-Use Live-Work
For Sale
$699,000
4605 S 47th Street, Rogers, AR 72758
COMMERCIAL - Rogers, AR
Property Size1,854 SF
Lot Size0.10 Acres
Price / SF$377.02
Days on Market217
Property Features for 4605 S 47th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Property condition
Under Construction
Parking features
Open
Appliances
TanklessWaterHeater
Lot features
City Lot
Directions
From I49 take exit 82 and go West on Pauline Whitaker Pkwy. Take the 3rd exit at the traffic circle. The townhomes will be on your left.
Standard status
Active
APN
02-24668-000
Size
1,854 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
100
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2025
Flooring type
Wood, Tile
Roof type
Asphalt, Shingle
Listing Agency:
Uptown Real Estate
(479) 358-7999
Listed By:
April Davis · License #PB00075129
(479) 200-9588
Added: Jan 27
Changed: Aug 19
Last Checked: Sep 1 at 3:06PM
MLS# 1333568
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 1,854-square-foot townhome is under construction and configured with three bedrooms, two bathrooms, and multiple private rooms. The layout can support residential occupancy or adaptation for professional use, including offices, conference space, or workstations. Wood and tile flooring, central heating, central air, a tankless water heater, and an asphalt shingle roof are specified improvements.
The property is zoned mixed-use and sits on a 0.1-acre lot at 4605 S 47th Street in Rogers, Arkansas. Open parking is provided, with public water and public sewer serving the property. Its live-work format accommodates a business setting while retaining residential functionality.
The property is zoned mixed-use and sits on a 0.1-acre lot at 4605 S 47th Street in Rogers, Arkansas. Open parking is provided, with public water and public sewer serving the property. Its live-work format accommodates a business setting while retaining residential functionality.
Key Highlights
- 1,854‑square‑foot townhome on a 0.1‑acre lot
- Three‑bedroom, two‑bath layout with multiple private rooms
- Mixed‑use zoning supports residential or professional use
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
$28,770
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
4.12%
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%
$575,400
$575.4K
Cap Rate 7%
$411,000
$411.0K
Cap Rate 9%
$319,667
$319.7K
Market Conditions
NOI Build-Up for 1,854 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
$41.2K $22.20/SF
− Vacancy
−$2.8K −$1.51/SF
EGI
$38.4K $20.69/SF
− OpEx
−$9.6K −$5.17/SF
NOI
$28.8K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
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%
$575,400
Cap Rate 7%
$411,000
Cap Rate 9%
$319,667
Alternative Uses
Best Use
Office B
$411.0K
$359.6K – $479.5K
NOI $28,770 @ 7.0% cap · market cap 4.12%
Second Best
Mixed Use
$184.3K
$161.3K – $215.1K
NOI $12,904 @ 7.0% cap · market cap 1.85%
Theoretical Best
Office A
$509.5K
$445.8K – $594.4K
NOI $35,664 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
257
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Flexible floor plan with private rooms, natural light, and potential for residential or professional use.
Where is this live-work space located?
The property is located at 4605 S 47th Street Rogers, AR.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1,854‑square‑foot townhome on a 0.1‑acre lot; Three‑bedroom, two‑bath layout with multiple private rooms; Mixed‑use zoning supports residential or professional use
