1501 Rainbow Rd Active Save Request In-Person Tour Request Virtual Tour
Rogers,AR 72758
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1238374
HOA Y/N No
Annual Tax Amount $11,720
Lot Size 13.350 Acres
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 “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
Location
State AR
County Benton
Zoning N
Direction 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.
Exterior
Fence None
Topography Level
Road Frontage Main Thoroughfare,Public Road
Building
Lot Description None,Level
Sewer Not Connected (nearby),Public Sewer
Water Not Connected (nearby),Public
Schools
School District Rogers
Others
Special Listing Condition None