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    Property profile & analytics

    2214 Walnut St Rogers, AR 72756-3248

    • Auto shops
    • 4,494 SF
    • 1.01 lot acres
    OFF-MARKET
    Value Estimations
    $335,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0041006
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kwik Kar Auto Repair and Service Center / Mechanic / Oil Change Service

    Property Details for 2214 Walnut St

    Year built
    2003
    Lot size
    1.01 lot acres
    Property size
    4,494 SF
    Property type
    Auto shops
    APN
    02-01053-003
    APU
    201053003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $335,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.1515
    Latitude
    36.3337
    CBSA code
    22220
    CBSA name
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,044
    $76,660
    $94,310
    $170,970
    -
    $383,300
    $471,550
    $854,850

    Comparable in this City

    • Value Estimation
      $270,000
      1,200 SF

      102 Rose St

      AUTO REPAIR, GARAGE • 1,200 SF
      102 Rose St, Rogers, AR 72756-9351
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    • Value Estimation
      $315,000
      4,412 SF

      104 Cherry St

      AUTO REPAIR, GARAGE • 4,412 SF
      104 Cherry St, Rogers, AR 72756-4518
      View Details
    • Value Estimation
      $320,000
      3,158 SF

      116 Cherry St

      AUTO REPAIR, GARAGE • 3,158 SF
      116 Cherry St, Rogers, AR 72756-4518
      View Details
    • Value Estimation
      $290,000
      1,904 SF

      15753 Hwy 12

      AUTO REPAIR, GARAGE • 1,904 SF
      15753 Hwy 12, Rogers, AR 72756-7745
      View Details
    • Value Estimation
      $350,000
      10,712 SF

      14471 Hwy 12

      AUTO REPAIR, GARAGE • 10,712 SF
      14471 Hwy 12, Rogers, AR 72756-8088
      View Details
    • Value Estimation
      $320,000
      7,848 SF

      14612 Hwy 62

      AUTO REPAIR, GARAGE • 7,848 SF
      14612 Hwy 62, Rogers, AR 72756
      View Details

    Similar Nearby for Sale

    • $2,750,000
      17,000 SF

      Rogers Auto Service Garage For Sale

      Warehouse, service center, showroom, and office with fenced yard.
      2600 NE Hudson Rd, Rogers, AR 72756
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    • $1,650,000
      6,075 SF

      Auto Service Garage For Sale

      Auto service garage with major road frontage in Rogers, AR.
      3010 W Walnut St, Rogers, AR 72756
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    • $999,999
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      Rogers, AR Commercial Opportunity

      Versatile commercial property with warehouse and retail potential in Rogers.
      10911 N Old Wire Rd, Rogers, AR 72756
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    • Contact for pricing
      1,450 SF

      Rogers Warehouse with Climate Control

      1,400+ SF climate-controlled warehouse near Rogers and Prairie Creek.
      15453 Ar-12, Rogers, AR 72756
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    • $2,000,000
      11,970 SF

      High-Traffic Corner Retail Opportunity

      Retail space with loading dock and large parking lot.
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    • $1,335,693
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      Rogers, AR Car-Mart For Sale

      Car-Mart on 1.45 acres with long-term NNN lease.
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    Similar Nearby for Lease

    • $19 SF/Yr
      2,072 SF

      Campus Plaza Office Space for Lease

      Rogers, AR Office Space - 2,072 SF Available
      1404 Eagle Way, Rogers, AR 72756
      View Details
    • $17 SF/Yr
      15,200 SF

      Prime Benton County Retail Space

      Free-standing retail; 5,500-15,200 sq ft.
      529 46Th St, Rogers, AR 72756
      View Details
    • $2,100,000
      13,000 SF

      Rogers Retail Space For Rent

      13,000 square foot retail property available for lease.
      100 N 8Th St, Rogers, AR 72756
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    • Contact for pricing
      5,502 SF

      Retail Center with Anchor Tenants

      Retail property featuring multiple buildings and high traffic.
      4301 W Walnut St, Rogers, AR 72756
      View Details
    • $22 SF/Yr
      2,215 SF

      Retail Space in Rogers, AR

      2,215 SF retail space available for lease.
      4500 W Walnut St, Rogers, AR 72756
      View Details
    • $12 SF/Yr
      5,000 SF

      Prime Retail Space in Rogers

      High-visibility retail space with ample parking and strong demographics.
      400 S 8Th St, Rogers, AR 72756
      View Details

    Property Visit Statistics

    • Visits by month
      25.9k
    • Visitors by month
      183
    • Avg Time on site
      16 min
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    Rogers, AR 72756-3248
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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