1501 Rainbow Rd, Rogers, AR 72758
13.35 Acres of Commercial Land Offered at $4,299,000 USD in Rogers, AR 72758
For Sale
Active
Asking Price $4,299,000
- Property Type
-
Land
Listing Contacts
- Property Info
Property Overview
Large tract of land south of bustling SE Walton Blvd with 13.35 acres. Property is near several retailers and convenient to both Rogers and Bentonville amenities with quick access to Interstate 49 and major arterial roads. Potential and best use is for garden-style / mid-rise multifamily project or active adult community.
Property Details
- Property Subtype
- Commercial
Highlights
- Two separate parcels totaling 13.35 acres, both are zoned “T5.1,” Town Center Low (2.09 acres & 11.26 acres)
- Zoned for 24 multifamily units per acre in Rogers jurisdiction with density concept plan
- Multifamily rents in the $1.45 to $1.50 PSF range
- High growth area of Rogers that is immediately adjacent to Bentonville and SE Walton Blvd
- 2.6 miles from the future 350-acre Walmart Home Office campus
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