Office Flex Building with
700 W Oak Street Rogers, AR 72756
New
700 W Oak Street, Rogers, AR, 72756
$650,000
For Sale
$650,000
Two updated office spaces with an attached storage building, hot and cold water, and dedicated parking with RV power.
Property Size1,956 SF
Price / SF$332.31
Days on Market2
Property Features for 700 W Oak Street
General Information
- Standard status
- Active
- Size
- 1,956 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1983
Listing Agency
Coldwell Banker Harris McHaney & Faucette-Rogers
(479) 531-9997
Listed by
Don Dancer · License #SA00084289
(479) 531-9997
Source
Exitrealty
Added: Jul 17 Checked: Jul 18 at 4:39 am
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 Coldwell Banker Harris McHaney & Faucette-Rogers
Investment Insights
Based on property information with market context.
This for-sale office flex property includes two modernized office spaces and an attached storage building. The main office area is configured with multiple offices and features hot and cold water, a full bathroom with shower, a kitchen, and a marker board war room. A second office space offers 744 square feet of open layout with mini-split AC/heat.
The property includes a renovated parking lot (2019) and is secured with a perimeter fence and security gate. An RV pad with electrical is also included, supporting a range of practical on-site operations.
Overall, the configuration provides office-ready interior space alongside attached storage, with secured exterior improvements designed to support day-to-day business needs.
The property includes a renovated parking lot (2019) and is secured with a perimeter fence and security gate. An RV pad with electrical is also included, supporting a range of practical on-site operations.
Overall, the configuration provides office-ready interior space alongside attached storage, with secured exterior improvements designed to support day-to-day business needs.
Key Highlights
- Office building built in 1983 with two modernized and updated office spaces plus an attached storage building
- Main office includes multiple offices, hot & cold water, a full bathroom with shower, a kitchen, and a marker board war room
- Second office space offers 744 SF of open layout with mini‑split A/C and heat
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.4k | $22.20 |
| − Vacancy | −$3.0k | −$1.51 |
| EGI | $40.5k | $20.69 |
| − OpEx | −$10.1k | −$5.17 |
| NOI | $30.4k | $15.52 |
1,956 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$433.6K
$379.4K – $505.9K
NOI $30,353 @ 7.0% cap · market cap 4.67%
Second Best
Flex RnD
$283.2K
$247.8K – $330.4K
NOI $19,822 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$537.5K
$470.3K – $627.1K
NOI $37,627 @ 7.0% cap · market cap 5.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
JM Roofing Innovations ...
Roofing Company
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FAQs
What type of property is this?
Flex space - Two updated office spaces with an attached storage building, hot and cold water, and dedicated parking with RV power.
Where is this flex space located?
The property is located at 700 W Oak Street Rogers, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Office building built in 1983 with two modernized and updated office spaces plus an attached storage building; Main office includes multiple offices, hot & cold water, a full bathroom with shower, a kitchen, and a marker board war room; Second office space offers 744 SF of open layout with mini‑split A/C and heat
