Updated Office Units with
For Sale
$625,000
700 W Oak Street, Rogers, AR 72756
COMMERCIAL - Rogers, AR
Property Size1,956 SF
Lot Size0.38 Acres
Price / SF$319.53
Days on Market47
Property Features for 700 W Oak Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Commercial
Parking
20
Parking features
RV, Parking Lot
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, Electric (Heating), Ductless (Heating)
Cooling system
Central Air, Electric, Ductless
Water source
Public
Amenities
hot & cold water
full bathroom with shower
kitchen
marker board war room
mini-split AC/heat
parking lot
security fence
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: Aug 19
Last Checked: Aug 29 at 6:06AM
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 1,956-square-foot office property includes two updated office spaces and an attached storage building. The main office has multiple rooms, hot and cold water, a full bathroom with shower, kitchen, and marker board war room. The second space provides 744 square feet of open office area with mini-split heating and air conditioning. Vinyl and tile flooring are installed throughout the property.
The 0.38-acre site includes a renovated parking lot completed in 2019, perimeter security fencing, a security gate, and an RV pad with electrical service. Public water and public sewer serve the property. Additional building systems include central heating and cooling, ductless heating and cooling, an electric water heater, and a shingle roof. Built in 1983, the property is located at 700 W Oak Street in Rogers, Arkansas.
The 0.38-acre site includes a renovated parking lot completed in 2019, perimeter security fencing, a security gate, and an RV pad with electrical service. Public water and public sewer serve the property. Additional building systems include central heating and cooling, ductless heating and cooling, an electric water heater, and a shingle roof. Built in 1983, the property is located at 700 W Oak Street in Rogers, Arkansas.
Key Highlights
- 1,956 square feet with two office spaces and an attached storage building
- Second office space offers 744 square feet of open area
- Main office includes multiple rooms, kitchen, full bathroom with shower, and marker board 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
—
—
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.
Property Analytics
Property Profile
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
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 areas include a kitchen, full bathroom, and secured site features.
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: 1,956 square feet with two office spaces and an attached storage building; Second office space offers 744 square feet of open area; Main office includes multiple rooms, kitchen, full bathroom with shower, and marker board war room
