Updated Office Units with
For Sale
$625,000
700 W Oak Street, Rogers, AR 72756
CommercialSale, Rogers, AR
Property Size1,956 SF
Lot Size0.38 Acres
Price / SF$319.53
Days on Market92
Property Features for 700 W Oak Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking
20
Parking features
Parking Lot, RV
Security features
Security
Exterior features
Storage
Appliances
ElectricWaterHeater
Lot features
Central Business District, City Lot, Interior Lot
Directions
From 71B. Go east on Oak street property is located on the right.
Standard status
Active
APN
02-04582-000
Size
1,956 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Description
PART OF BLOCK ONE (1) OF HALLEY AND FLEEMAN ADDITION TO THE CITY OF ROGERS, BENTON COUNTY, ARKANSAS
Tax Annual Amount
2026
Legal Description
PART OF BLOCK ONE (1) OF HALLEY AND FLEEMAN ADDITION TO THE CITY OF ROGERS, BENTON COUNTY, ARKANSAS
Utilities
Sewer type
Public Sewer
Heating system
Central, Ductless (Heating), Electric (Heating)
Cooling system
Electric, Ductless, Central Air
Water source
Public
Amenities
hot & cold water
full bathroom with shower
kitchen
marker board war room
security fence perimeter
security gate
RV pad with electrical
Building Details
Year built
1983
Flooring type
Vinyl, Tile
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
Coldwell Banker Harris McHaney & Faucette-Rogers
(479) 696-0600
Listed By:
Don Dancer · License #SA00084289
(479) 531-9997
Added: Jul 14
Changed: Sep 14
Last Checked: Oct 13 at 1:06PM
MLS# 1354935
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 office property combines two modernized work areas with an attached storage building on a 0.38-acre site. The main office includes multiple rooms, a kitchen, full bathroom with shower, hot and cold water, and a marker board room. A separate 744-square-foot office provides open-plan space with mini-split heating and cooling. The 1,956-square-foot property was built in 1983 and includes tile and vinyl flooring, central systems, and electric service.
Site features include a parking lot renovated in 2019, perimeter security fencing, a security gate, and an RV pad with electrical service. Public water and public sewer serve the property. The building also includes storage, while the office areas provide a combination of enclosed and open workspace.
Site features include a parking lot renovated in 2019, perimeter security fencing, a security gate, and an RV pad with electrical service. Public water and public sewer serve the property. The building also includes storage, while the office areas provide a combination of enclosed and open workspace.
Key Highlights
- Two office areas totaling 1,956 square feet on 0.38 acres
- Separate 744‑square‑foot open office with mini‑split AC/heat
- Main office includes multiple rooms, kitchen, and full bathroom with shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,353
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
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
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 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
—
—
no second resolved use
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.
How Realmo checks its estimates
Property Analytics
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Current Use
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
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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?
Office units - Two office areas offer private rooms, a kitchen, full bathroom, storage, and flexible open workspace.
Where is this office units located?
The property is located at 700 W Oak Street 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: Two office areas totaling 1,956 square feet on 0.38 acres; Separate 744‑square‑foot open office with mini‑split AC/heat; Main office includes multiple rooms, kitchen, and full bathroom with shower
