Mixed-Use Land for Sale in Rogers, Arkansas

1501 Rainbow Rd Rogers, AR 72758

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$4,299,000
13.35 acres
Active sale agoEst $33,121/mo

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.

  • Two separate parcels totaling 13.35 acres, both are zoned "T5.1-3," 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

Directions

From Walton Blvd, travel south on S Rainbow Road for 0.3 miles. Listing is on the left past Dual Cities Crossfit and Tribe Soccer.

Location

Street Address
1501 Rainbow Rd
School District
Rogers
Elevation
1,270 feet
Coordinates
36.3313, -94.2046

Property details

MLS Number
ARMLS 1238374
Date Posted

Parcels

  • 02-00861-107

This 13.35-acre property is located at 1501 Rainbow Rd in Rogers, AR 72758 with latitude 36.3313 and longitude -94.2046. The property is currently available for sale for $4,299,000 with a price per acre of $322,022. Listing data is sourced from Northwest Arkansas Board of Realtors # 1238374.

Verify sale details at the property source or contact Colliers International - Branch Office at (479) 636-9000.

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Copyright (C) 2024 Northwest Arkansas Board of REALTORS(R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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