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Commercial Land with Apartment Approval
For Sale
$3,950,000

700 720 840 S 45th Street lot Tower, Rogers, AR 72758

Land, Rogers, AR

Property SizeContact for details
Lot Size6.50 Acres
Days on Market53

Property Features for 700 720 840 S 45th Street lot Tower

General Information

Property type Commercial Sale
Property subtype Other
Lot features Central Business District, City Lot, Mobile Home Allowed, Level
Elementary school district Rogers
Middle school district Rogers
High school district Rogers
Directions Follow SW A St, SW 14th St and SE Moberly Ln to N 46th St in Rogers
Standard status Active
APN 02-00861-060
Lot size 6.50 Acres

Taxes and HOA fees

Tax Description PT N/2 SE SE SW
Tax Annual Amount 4975
Legal Description PT N/2 SE SE SW

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: The Essential Real Estate
Listed By: Don Fifer · License #PB00099013
Added: Jul 21 Changed: Sep 7 Last Checked: Sep 11 at 10:06PM
MLS# 1356162

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 6.5-acre commercial land tract is approved for development of a 140-unit apartment complex. The property carries A-1 and R-Q zoning designations and is supported by public water and public sewer. The site is identified at 700, 720, and 840 S 45th Street in Rogers, Arkansas.

Access is provided from the area near Walnut St, with visibility from 1-49. Shopping and existing residential apartment properties are located nearby. The tract offers a defined development concept, established utility sources, and a location within the Rogers market for a multifamily project.

Key Highlights

  • 6.5‑acre commercial land tract in Rogers, AR
  • Approved for a 140‑unit apartment complex
  • Zoned A‑1 & R‑Q

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Storage Facility Building Supply Grocery & Convenience Store Electrical Service Pharmacy Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

140
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Public utilities serve the site, which has approval for a 140-unit apartment complex.
Where is this commercial land located?
The property is located at 700 720 840 S 45th Street lot Tower Rogers, AR.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 6.5‑acre commercial land tract in Rogers, AR; Approved for a 140‑unit apartment complex; Zoned A‑1 & R‑Q
More about this property
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