Retail Space Near Walmart
For Sale
$699,000
4619 S 47th Street, Rogers, AR 72758
Retail property near Walmart Neighborhood Market, Rogers, Arkansas.
Property Size1,854 SF
Price / SF$377.02
Days on Market192
Property Features for 4619 S 47th Street
General Information
Standard status
Active
Size
1,854 SF
Property subtype
CommercialSale
Listing Agency:
Uptown Real Estate
(479) 358-7999
Listed By:
April Davis · License #PB00075129
(479) 200-9588
Source:
Connectrealtynwa
Added: Apr 8
Changed: Oct 10
Last Checked: Oct 14 at 10:27PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,854-square-foot commercial real estate is located near 47th Street in Rogers, Benton County, Arkansas. The property is situated behind a Walmart Neighborhood Market. The property is intended for use as a retail space, grocery store, or convenience store.
Key Highlights
- New construction, built in 2025
- Features central air conditioning and central heating
- Equipped with a tankless water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,936
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,720
$498.7K
Cap Rate 7%
$356,229
$356.2K
Cap Rate 9%
$277,067
$277.1K
Market Conditions
NOI Build-Up for 1,854 SF
Gross rent
$35.6K $19.20/SF
− Vacancy
−$2.3K −$1.27/SF
EGI
$33.2K $17.93/SF
− OpEx
−$8.3K −$4.48/SF
NOI
$24.9K $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%
$498,720
Cap Rate 7%
$356,229
Cap Rate 9%
$277,067
Alternative Uses
Best Use
Specialty Retail
$356.2K
$311.7K – $415.6K
NOI $24,936 @ 7.0% cap · market cap 3.57%
Second Best
Retail
$301.3K
$263.6K – $351.5K
NOI $21,091 @ 7.0% cap · market cap 3.02%
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.
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Property Analytics
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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
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
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 - Retail property near Walmart Neighborhood Market, Rogers, Arkansas.
Where is this grocery and convenience store located?
The property is located at 4619 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: New construction, built in 2025; Features central air conditioning and central heating; Equipped with a tankless water heater
