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Professional Office Building

8984 S Park Rd, Rogers, AR 72756

For Sale
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Flexible floor plan with on-site parking and visibility along Hwy 12.

Property Size1,920 SF
Price / SF$0.01
Days on Market114

Property Features for 8984 S Park Rd

General Information

Standard status Active
Size 1,920 SF
Property subtype Commercial

Additional Details

Highway Access Yes

Building Details

Year Built 2008
Listing Agency: Standard Real Estate
Listed By: Brooke Hernandez
Source: District3
Added: Jul 19 Changed: Nov 8 Last Checked: Nov 8 at 6:20AM

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 Standard Real Estate

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Investment Insights

Based on property information with market context.

Built in 2008, this 1,920-square-foot office building offers a flexible layout suited to professional office use. The property provides ample parking and interior configuration options for businesses seeking functional workspace with room to adapt.

Located at 8984 Park Rd in Rogers, the property benefits from visibility along Hwy 12 and convenient access. Its office-oriented design and adaptable floor plan support a range of professional business configurations within a manageable commercial footprint.

Key Highlights

  • 1,920‑square‑foot office building
  • Built in 2008
  • Flexible floor plan options

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,794
Suggested Prices Based on Cap Rates
Cap Rate 5%
$595,880 $595.9K
Cap Rate 7%
$425,629 $425.6K
Cap Rate 9%
$331,044 $331.0K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$42.6K $22.20/SF
− Vacancy
−$2.9K −$1.51/SF
EGI
$39.7K $20.69/SF
− OpEx
−$9.9K −$5.17/SF
NOI
$29.8K $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%
$595,880
Cap Rate 7%
$425,629
Cap Rate 9%
$331,044

Alternative Uses

Best Use
Office B
$425.6K
$372.4K – $496.6K (±1% cap)
NOI $29,794 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$527.6K
$461.7K – $615.6K (±1% cap)
NOI $36,934 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Raebel Law Firm Law Firm

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Real Estate Agency Auto Parts Store Nail Salon

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Rogers, AR

$255 Jul
$263 Aug
$244 Sep
$224 Oct

Properties on Market for Office buildings in Rogers

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Flexible floor plan with on-site parking and visibility along Hwy 12.
Where is this office building located?
The property is located at 8984 S Park Rd Rogers, AR.
What are key features of this property?
This property features: 1,920‑square‑foot office building; Built in 2008; Flexible floor plan options
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Includes: Price & PSF · Cap rate · Location · Zoning

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