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1501 Rainbow Rd - 1501 S. Rainbow Rd. 13.35 Acres of Commercial Land Offered at $4,299,000 in Rogers, AR 72758

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INVESTMENT HIGHLIGHTS

+/- 13.35 acres
Zoning allows for a mix of office, mixed-use, multifmaily and commercial buildings
High growth area of Rogers that is immediately adjacent to Bentonville and SE Walton Blvd

Zoned “T5.1,” Town Center Low in Rogers jurisdiction
500 feet of frontage on Rainbow Road
2.6 miles from t 350-acre Walmart Home Office campus

1501 Rainbow Road, Rogers - 13.35 Acres - PIB (email)

PROPERTY FACTS

Price	$4,299,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Apartment Units Apartment Units - Senior
No. Lots	1	Total Lot Size	13.35 AC
Property Type	Land
Zoning	C-3 - “T5.1,” Town Center Low (2.09 acres & 11.26 acres)

Price	$4,299,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units Apartment Units - Senior
Total Lot Size	13.35 AC
Zoning	C-3 - “T5.1,” Town Center Low (2.09 acres & 11.26 acres)

1 LOT AVAILABLE

Lot -

Price	$4,299,000	Lot Size	13.35 AC
Price Per AC	$322,022.47

Price	$4,299,000
Price Per AC	$322,022.47
Lot Size	13.35 AC

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.

PROPERTY TAXES

Parcel Numbers	Multiple 02-00861-109 02-00861-107	Improvements Assessment	$751,748
Land Assessment	$617,637	Total Assessment	$1,369,385

PROPERTY TAXES

Parcel Numbers

Multiple

02-00861-109
02-00861-107

Land Assessment

$617,637

Improvements Assessment

$751,748

Total Assessment

$1,369,385

(479) 318-8488

CONTACTS

Daniel Smith, CCIM
Alan Cole
Colliers

Listing ID: 27688233
Date on Market: 2/6/2023
Last Updated:
Address: 1501 Rainbow Rd, Rogers, AR 72758

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1501 Rainbow Rd, Rogers, AR for sale Primary Photo- Image 1 of 4 — DJI_0003 (watermark)

1501 Rainbow Rd, Rogers, AR for sale Building Photo- Image 2 of 4 — Yates Farm Approved Lot Split (edit)

1501 Rainbow Rd, Rogers, AR for sale Building Photo- Image 3 of 4 — 1501 Rainbow Road, Rogers - 13.35 Acres - Macro Aerial

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