412 Walnut StRogers, AR 72756

Property Details for 412 Walnut St

Lot size

0.17 AC

Property size (Sq ft)

1,339 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

02-02533-000

APU

202533000

Description

This exceptional mixed-use property, located at 412 W Walnut St in the heart of Downtown Rogers, Arkansas (72756), presents a unique investment opportunity. The 1,339 square foot building sits on a 0.19-acre lot and features a charming, historic structure with significant modern potential. Currently zoned C-2, this two-story building (upper level square footage not included in the listed amount) boasts 18 parking spaces and has served as a thriving salon for years, previously housing professional services. Its prime location in Downtown Rogers, a bustling hub for business, entertainment, and dining, ensures high visibility and foot traffic. The property is ideal for a variety of uses, including a restaurant, bar, or creative office space, catering to entrepreneurs seeking a prominent presence in Northwest Arkansas's fastest-growing area. The building is structurally sound, and roof repairs are currently underway. This is a chance to own a piece of Rogers' history while capitalizing on its vibrant future. The asking price is $750,000. APN: 02-02533-000.

• CAP approach

  CAP return

  Valuation

  6%

  $171,583

  6.5%

  $158,384

  7%

  $147,071

• Comparable approach

  Method

  Valuation

  Relative Method

  $241,362

  Geo Method

  $241,362

• Alternative Use

  Use

  Valuation

  Residential

  $133,603

  Hospitality

  $122,380

  Educational

  $101,818

  Medical

  $105,320

  Retail

  $158,384

Location Insight

City

Rogers

County

Benton

State

Arkansas

Latitude

36.3331

Longitude

-94.1207

CBSA code

22220

CBSA name

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

Property Tax & Assessments

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