1501 Rainbow Road, Rogers, AR 72758

$4,299,000
List Price
$4,299,000
Status
ACTIVE
MLS#
ARKMLS-1238374
Acres
13.35

Property Description

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 “C-3,” General Commercial District (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

Additional Information

Taxes
$11,720
Fencing
None
School District
Rogers

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Colliers International - Branch Office.