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
- County
- Benton County
- School District
- Rogers
- Elevation
- 1,270 feet
Property details
- MLS Number
- ARMLS 1238374
- Date Posted
Parcels
- 02-00861-107
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 20, 2023 | Relisted | $4,299,000 | — | ARMLS |
| May 23, 2023 | Listing removed | $4,299,000 | — | — |
| Feb 6, 2023 | New listing | $4,299,000 | — | ARMLS |
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