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Retail Space Near Walmart Market
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 Market250

Property Features for 4615 S 47th Street

General Information

Standard status Active
Size 1,467 SF
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $100

Building Details

Year Built 2025
Listing Agency: Uptown Real Estate
Listed By: Angela Parker · License #SA00086444
Source: Exitrealty
Added: Jan 28 Changed: Sep 2 Last Checked: Sep 15 at 5:25AM

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 / Yr
$19,731
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $19,731 @ 7.0% cap · market cap 3.62%
Second Best
Retail
$238.4K
$208.6K – $278.2K (±1% cap)
NOI $16,689 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$403.1K
$352.8K – $470.3K (±1% cap)
NOI $28,220 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Dental Office Auto Repair Shop Auto Parts Store HVAC Service Real Estate Agency Big Box & Wholesale Store

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

223
Businesses Nearby
124k
Monthly Visits Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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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
More about this property
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