Updated Office Units with
For Sale
$625,000
700 W Oak St, Rogers, AR 72756
Two office suites offer flexible layouts, building amenities, secured parking, and an electrically serviced RV pad.
Property Size1,956 SF
Price / SF$319.53
Days on Market35
Property Features for 700 W Oak St
General Information
Standard status
Active
Size
1,956 SF
Additional Details
Fenced Yard
Yes
Office Units
2
Taxes and HOA fees
Annual Taxes
$2,026
Amenities
hot & cold water
full bathroom with shower
kitchen
marker board war room
mini-split AC/heat
security fence perimeter
security gate
RV pad with electrical
Listing Agency:
Coldwell Banker Harris McHaney & Faucette-Rogers
(479) 531-9997
Listed By:
Don Dancer · License #SA00084289
(479) 531-9997
Source:
Exprealty
Added: Jul 14
Changed: Aug 14
Last Checked: Aug 16 at 10:30AM
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 1,956-square-foot office property includes two updated office areas and an attached storage building. The primary space has multiple offices, a kitchen, hot and cold water, a full bathroom with shower, and a marker-board-equipped war room. The second office is a 744-square-foot open layout with mini-split heating and air conditioning.
Property improvements include a parking lot renovated in 2019, perimeter security fencing, and a controlled-access gate. An RV pad with electrical service is also included. The property is located at 700 W Oak St in Rogers, Arkansas.
Property improvements include a parking lot renovated in 2019, perimeter security fencing, and a controlled-access gate. An RV pad with electrical service is also included. The property is located at 700 W Oak St in Rogers, Arkansas.
Key Highlights
- 1,956 SF office property with two updated office areas and attached storage building
- Second office provides a 744‑square‑foot open layout with mini‑split AC/heat
- Primary office includes multiple offices, kitchen, full bathroom with shower, and war room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,353
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$607,060
$607.1K
Cap Rate 7%
$433,614
$433.6K
Cap Rate 9%
$337,256
$337.3K
Market Conditions
NOI Build-Up for 1,956 SF
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.
Gross rent
$43.4K $22.20/SF
− Vacancy
−$3.0K −$1.51/SF
EGI
$40.5K $20.69/SF
− OpEx
−$10.1K −$5.17/SF
NOI
$30.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$607,060
Cap Rate 7%
$433,614
Cap Rate 9%
$337,256
Alternative Uses
Best Use
Office B
$433.6K
$379.4K – $505.9K
NOI $30,353 @ 7.0% cap · market cap 4.86%
Second Best
Flex RnD
$283.2K
$247.8K – $330.4K
NOI $19,822 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$537.5K
$470.3K – $627.1K
NOI $37,627 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,121
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Two office suites offer flexible layouts, building amenities, secured parking, and an electrically serviced RV pad.
Where is this office units located?
The property is located at 700 W Oak St Rogers, AR.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,956 SF office property with two updated office areas and attached storage building; Second office provides a 744‑square‑foot open layout with mini‑split AC/heat; Primary office includes multiple offices, kitchen, full bathroom with shower, and war room
