Retail Space Near Walmart
For Sale
$545,000
4615 S 47th Street, Rogers, AR 72758
Commercial space near Walmart Neighborhood Market, Rogers, Arkansas.
Property Size1,467 SF
Price / SF$371.51
Days on Market193
Property Features for 4615 S 47th Street
General Information
Standard status
Active
Size
1,467 SF
Taxes and HOA fees
Annual Taxes
$100
Amenities
Trail(s)
Central Air
Central
Tankless Water Heater
Attached, Garage
Building Details
Building Size
1,467 SF
Year Built
2025
Listing Agency:
Uptown Real Estate
(352) 216-8779
Listed By:
Angela Parker · License #PB00075129
(352) 216-8779
Source:
Evrealestate
Added: Jan 28
Changed: Aug 8
Last Checked: Jul 16 at 4:52AM
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 Uptown Real Estate
Investment Insights
Based on property information with market context.
This 1,467 square foot commercial property is located near the Walmart Neighborhood Market. The property is situated west of exit 82, accessible via the third exit at the roundabout. The townhomes are located on the left, behind the Walmart Neighborhood Market in Benton County.
Key Highlights
- Built in 2025 (New Construction)
- Attached Garage
- Central Air Conditioning
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
$19,731
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
3.62%
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%
$394,620
$394.6K
Cap Rate 7%
$281,871
$281.9K
Cap Rate 9%
$219,233
$219.2K
Market Conditions
NOI Build-Up for 1,467 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
$28.2K $19.20/SF
− Vacancy
−$1.9K −$1.27/SF
EGI
$26.3K $17.93/SF
− OpEx
−$6.6K −$4.48/SF
NOI
$19.7K $13.45/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$19.20 /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%
$394,620
Cap Rate 7%
$281,871
Cap Rate 9%
$219,233
Alternative Uses
Best Use
Specialty Retail
$281.9K
$246.6K – $328.9K
NOI $19,731 @ 7.0% cap · market cap 3.62%
Second Best
Retail
$238.4K
$208.6K – $278.2K
NOI $16,689 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$403.1K
$352.8K – $470.3K
NOI $28,220 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
124k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Shops & Services 28%
Dining 22%
Beauty & Spa 5%
Walmart Neighborhood Market
Groceries
55,841 visits/mo
0.4 miles
Kum & Go
Shops & Services
20,768 visits/mo
0.3 miles
Andy's Frozen Custard
Dining
12,658 visits/mo
0.5 miles
Arvest Bank
Shops & Services
9,314 visits/mo
0.5 miles
Newk's Eatery
Dining
9,187 visits/mo
0.5 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Target Grocery — 2404 S Promenade Blvd, Rogers, AR 72758
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Commercial space near Walmart Neighborhood Market, Rogers, Arkansas.
Where is this grocery and convenience store located?
The property is located at 4615 S 47th Street Rogers, AR.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Built in 2025 (New Construction); Attached Garage; Central Air Conditioning
