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    Property profile & analytics

    961 W Laurel Ave Rogers, AR 72758

    • Commercial real estate
    • 8.85 lot acres
    For Sale
    View listing
    $1,395,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-1551411
    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

    • Landmark Hardscapes / Landscaper

    Property Details for 961 W Laurel Ave

    Lot size
    8.85 lot acres
    Property type
    Commercial real estate
    APN
    02-02073-000

    Description

    This exceptional 8.85-acre commercial and industrial land parcel is strategically located in Rogers, Arkansas, at 961 W Laurel Avenue, zip code 72758, Benton County. The property, with APN 02-02073-000, is zoned I-1, and boasts convenient access to Highway 71B and Interstate 49, placing it within easy reach of major transportation arteries. Previous development plans for a flex warehouse have already been approved, simplifying the permitting process for similar projects. The site's proximity to the J.B. Hunt Transport corporate campus and the planned Samaritan Community Center further enhances its appeal. The area is experiencing significant growth, with substantial retail and housing developments underway along Pleasant Grove Road. This presents a unique opportunity to develop multiple buildings featuring bay doors and ample yard space, catering to a variety of industrial and commercial needs. The asking price for this prime development land is $1,400,000. Don't miss this chance to capitalize on the thriving Rogers market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Rogers
    County
    Benton
    State
    Arkansas
    Longitude
    -94.129686
    Latitude
    36.291996

    Comparable in this City

    • $1,300,000
      8,100 SF

      High-Visibility Commercial Site in Rogers

      Commercial site with high traffic and major visibility.
      2103 S 8Th St, Rogers, AR 72758
      View Details
    • Contact for pricing
      2,000 SF

      New Construction Office/Flex Space

      New office/flex space for lease in high-traffic Rogers location.
      2420 S 8Th St, Rogers, AR 72758
      View Details
    • Contact for pricing
      1,000 SF

      New Office/Flex Space Available

      New construction office/flex space for lease in high-traffic area.
      2420 S 8Th St, Rogers, AR 72758
      View Details
    • Contact for pricing
      11,029 SF

      Rogers Warehouse with Office Renovations

      Warehouse space with new office renovations and high bay LED lighting.
      2917 S 1St St, Rogers, AR 72758
      View Details
    • Contact for pricing
      3,768 SF

      Rogers Warehouse Space Available

      Warehouse space in Rogers, AR, with flexible unit options.
      2917 S 1St St, Rogers, AR 72758
      View Details
    • Contact for pricing
      2,000 SF

      New Office/Flex Space Available

      New construction office/flex space in high-traffic Rogers location.
      2420 S 8Th St, Rogers, AR 72758
      View Details

    Similar Nearby for Sale

    • $1,300,000
      8,100 SF

      High-Visibility Commercial Site in Rogers

      Commercial site with high traffic and major visibility.
      2103 S 8Th St, Rogers, AR 72758
      View Details
    • Contact for pricing
      2,000 SF

      New Construction Office/Flex Space

      New office/flex space for lease in high-traffic Rogers location.
      2420 S 8Th St, Rogers, AR 72758
      View Details
    • Contact for pricing
      1,000 SF

      New Office/Flex Space Available

      New construction office/flex space for lease in high-traffic area.
      2420 S 8Th St, Rogers, AR 72758
      View Details
    • Contact for pricing
      11,029 SF

      Rogers Warehouse with Office Renovations

      Warehouse space with new office renovations and high bay LED lighting.
      2917 S 1St St, Rogers, AR 72758
      View Details
    • Contact for pricing
      3,768 SF

      Rogers Warehouse Space Available

      Warehouse space in Rogers, AR, with flexible unit options.
      2917 S 1St St, Rogers, AR 72758
      View Details
    • Contact for pricing
      2,000 SF

      New Office/Flex Space Available

      New construction office/flex space in high-traffic Rogers location.
      2420 S 8Th St, Rogers, AR 72758
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      200,000 SF

      Rogers Warehouse Space Available

      200,000 square foot warehouse space for lease in Rogers.
      6507 N Goad Springs St, Rogers, AR 72758
      View Details
    • $91,911
      87,556 SF

      Rogers, AR Commercial Land Opportunity

      Prime 2-acre retail land, high visibility.
      1707 Pleasant Grove Rd, Rogers, AR 72758
      View Details
    • $38 SF/Yr
      14,373 SF

      Rogers Retail Space: Pinnacle Hills

      Prime retail spaces in thriving Rogers, AR.
      0 Rogers Ar, Rogers, AR 72758
      View Details
    • $35 SF/Yr
      4,596 SF

      3720 S Champions Dr, Rogers, AR

      Office space • 4,596 SF
      3720 S Champions Dr, Rogers, AR 72758
      View Details
    • $38 SF/Yr
      3,000 SF

      Retail Space with High Visibility

      Retail space with excellent visibility, access, and front door parking.
      5505 W Northgate Rd, Rogers, AR 72758
      View Details
    • $28 SF/Yr
      5,638 SF

      Rogers Office Space Sublease Opportunity

      Sublease opportunity with 5,638 square feet of office space.
      5102 S Pinnacle Hills Pkwy, Rogers, AR 72758
      View Details
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    961 W Laurel Ave
    Rogers, AR 72758
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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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