0 Walnut St, Rogers, AR 72756
This exceptional 2.93-acre commercial land parcel presents a remarkable investment opportunity in Rogers, Arkansas. Strategically located on West Walnut Street near the S 28th Street intersection, this property boasts exceptional visibility and accessibility. The site is ideally situated within minutes of a thriving retail corridor anchored by national retailers such as Kohl's, Barnes & Noble, Belk, and Lowe's, located in the Scottsdale Center, known locally as "Restaurant Row". Benefitting from recent street improvements and surrounded by new residential and retail developments, this location offers unparalleled growth potential. The property's proximity to the Razorback Greenway trail system provides convenient access to Historic Downtown Rogers, Pinnacle Hills, the Bellview Entertainment District, and Uptown, home to the Walmart AMP, Topgolf, and the Rogers Convention Center. This high-traffic area sees 27,000 vehicles per day. The property is zoned T5.2, Town Center Medium, and can be subdivided into three separate commercial pads, each with its own potential. Adjacent to a proposed 400-unit luxury condominium complex and clubhouse, this location offers a unique opportunity to capitalize on the synergy of mixed-use development. The asking price is $2,935,489, with potential for individual lot purchases: Lot 1 (0.98 acres) at $981,842, Lot 2 (0.93 acres) at $931,730, and Lot 3 (1.02 acres) at $1,021,917. The property's APN is 02-00898-000. Don't miss this chance to secure a prime piece of commercial real estate in a rapidly growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.