Flex Space with Covered Work
For Sale
$660,000
5203 Highway 94, Rogers, AR 72756
CommercialSale, Rogers, AR
Property Size3,040 SF
Lot Size0.98 Acres
Price / SF$217.11
Days on Market155
Property Features for 5203 Highway 94
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking
12
Exterior features
Storage
Directions
From I-49, take Exit 86, East on Hudson Rd, Left on Hwy 94, Property is on the Right.
Standard status
Active
APN
18-07420-001
Size
3,040 SF
Lot size
0.98 Acres
Taxes and HOA fees
Tax Description
PT NE SE SE/C N02*E1200.25N02*E380.10 S89* W363.86 TO POB W179.55S89*W239.58N240 TO POB
Tax Annual Amount
4130
Legal Description
PT NE SE SE/C N02*E1200.25N02*E380.10 S89* W363.86 TO POB W179.55S89*W239.58N240 TO POB
Utilities
Sewer type
Septic Tank
Cooling system
Central Air
Water source
Well, Public
Building Details
Year built
2006
Floors in Building
1
Flooring type
Tile, Concrete, Carpet
Building materials
Brick, MetalSiding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
eXp Realty NWA Branch
(866) 720-5056
Listed By:
John Hurley · License #SA00098758
(479) 657-8353
Added: May 6
Changed: Sep 16
Last Checked: Oct 7 at 9:06PM
MLS# 1345332
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 3,040-square-foot flex property, built in 2006, occupies an approximately +/- 0.98-acre site at 5203 Highway 94 in Rogers. The building combines a flexible front area for showroom, workspace, or reception use with two private offices and a restroom. Brick and metal siding, concrete and carpet flooring, central air, and a metal roof support a practical commercial configuration.
Outdoor utility includes a recently poured concrete area along the south side, with much of that space covered for storage or work activities. A small rear outbuilding provides additional storage. The property is served by public water and a well, with septic service, and offers a layout that accommodates contractor, light industrial, storage, and service-oriented operations.
Outdoor utility includes a recently poured concrete area along the south side, with much of that space covered for storage or work activities. A small rear outbuilding provides additional storage. The property is served by public water and a well, with septic service, and offers a layout that accommodates contractor, light industrial, storage, and service-oriented operations.
Key Highlights
- 3,040 square feet of flex space on approximately +/- 0.98 acres
- Flexible front area plus two private offices and a restroom
- Recently poured south‑side concrete area, much of it covered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,174
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$943,480
$943.5K
Cap Rate 7%
$673,914
$673.9K
Cap Rate 9%
$524,156
$524.2K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$67.5K $22.20/SF
− Vacancy
−$4.6K −$1.51/SF
EGI
$62.9K $20.69/SF
− OpEx
−$15.7K −$5.17/SF
NOI
$47.2K $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 Rate 5%
$943,480
Cap Rate 7%
$673,914
Cap Rate 9%
$524,156
Alternative Uses
Best Use
Office B
$673.9K
$589.7K – $786.2K
NOI $47,174 @ 7.0% cap · market cap 7.15%
Second Best
Flex RnD
$440.1K
$385.1K – $513.5K
NOI $30,807 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$835.4K
$731.0K – $974.7K
NOI $58,479 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 72756, AR
41,875
Population
17,225
Households
2.4
Avg Household Size
37
Median Age
24%
College-Educated
86%
High-School Grad
129.9 sq mi
ZIP Area
322
Density / Sq Mi
$70,900
Median Household Income
$37,510
Median Earnings
$914
Median Rent
$243,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Functional commercial layout with offices, a restroom, and substantial outdoor storage and work space.
Where is this flex space located?
The property is located at 5203 Highway 94 Rogers, AR.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 3,040 square feet of flex space on approximately +/- 0.98 acres; Flexible front area plus two private offices and a restroom; Recently poured south‑side concrete area, much of it covered
