New search
Property profile & analytics
FOR LEASE
Retail space
211 W Walnut St, Rogers, AR 72756
Individually Owned
6-yr Hold
Free & Clear
Property ID
US05-0414849
For Lease
1 / 7
$56 SF/Yr
211 W Walnut St, Rogers, AR 72756
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
5,934 SF
Lot
0.07 ac (3,049 SF)
APN
02-02165-000
UPID
US05-0414849
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Fresh Harvest Tasting Room - Rogers Production Facility Take-out & Catering
-
Collab Design Co Marketing & Advertising Advertising Agency
-
479 Counseling Crisis Center Medical Clinic
-
Kristin Bailey Therapy Counselor Mental Health Service
-
SYNCDUP, Inc Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$607k
Blend (final)
Blend
$650k
Owner & transaction history
Arvest Bk · 6 yrs held
Arvest Bk
since 2020
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+18.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Rogers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rogers submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$680,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$900,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,065,000
Change: +19% · Conversion: Moderate
OFFICE BUILDING
$830,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $640k (Apr 8 2020)
Last sale anchor
$640k
Apr 8 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$110 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,752
Tax year 2023
Assessed value
$52,020
Assessed 2023
Previous assessed
$52,020
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$2,790
Assessed improvement
$49,230
Land market value
$13,950
Improvement market value
$246,150
Total market value
$260,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Heating
NONE
Cooling
NONE
Stories
2
Total area
5,934 SF
Lot
0.07 ac (3,049 SF)
APN
02-02165-000
UPID
US05-0414849
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
OFFICE BUILDING
Est. value
$830,000
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
Arvest Bk
Individual
Free & Clear · 6 yrs held
Mailing address
PO BOX 799, LOWELL, AR 72745-0799
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2020
$640,000
Arvest Bk
Chaney Properties LLC
Warranty Deed
—
Sep 16, 2019
—
Chaney Properties LLC
—
Deed
related
$280,000 · Bancorpsouth
Oct 25, 2018
—
Chaney Properties LLC
—
Deed
related
$290,874 · Arvest Bank
Feb 1, 2016
$280,000
Chaney Properties LLC
Knight,nathan & Kim
Warranty Deed
$250,000 · Arvest Mtg
Oct 23, 2006
$175,000
Nathan Knight
Elder Family Trust
Grant Deed
$91,490 · Arvest Bank
Oct 23, 2006
—
Nathan Knight
Elder,john T & Carol J
Warranty Deed
related
—
—
—
Chaney Properties LLC
—
Deed Of Trust
related
$290,874 · Arvest Mtg
—
—
Chaney Properties LLC
—
Deed Of Trust
related
$200,000 · Bancorpsouth
—
—
Chaney Properties LLC
—
Deed Of Trust
related
$280,000 · Bancorpsouth
—
—
Nathan Knight
—
Loan Modification
related
$260,013 · Arvest Mtg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
