721 2Nd StRogers, AR 72756

Property Details for 721 2Nd St

Lot size

1.76 AC

Property size (Sq ft)

8,880 SF

Property type

Retail space

APN

02-00208-000

APU

200208000

Description

This exceptional 8,880-square-foot industrial flex space, situated on approximately 1.8 acres, presents a unique opportunity for businesses seeking a prominent location. Located on North 2nd Street in Rogers, this single-tenant property boasts high visibility with an estimated 15,000 vehicles passing daily. The building, constructed in 1999, features a single story and a 329-foot frontage, maximizing exposure. Two loading docks enhance operational efficiency; one with an 8-foot-tall door and the other a more spacious 10x10-foot door. Inside, the high ceilings—reaching 21.5 feet at the center and 12 feet along the sides—offer versatile storage and workspace options. The functional layout includes two offices and a private restroom, providing a comfortable and productive environment. The ample land area ensures convenient access and potential for future expansion. This property is ideal for a variety of businesses seeking a combination of warehouse and office space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,137,906

  6.5%

  $1,050,375

  7%

  $975,348

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,600,670

  Geo Method

  $1,600,670

• Alternative Use

  Use

  Valuation

  Residential

  $886,031

  Hospitality

  $811,599

  Educational

  $675,241

  Medical

  $698,464

  Retail

  $1,050,375

Location Insight

City

Rogers

County

Benton

State

Arkansas

Latitude

36.3403

Longitude

-94.1162

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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