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501 S 40th Street - Multifamily Development Opportunity!, Rogers, AR

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501 S 40th Street - Multifamily Development Opportunity!

Promenade Blvd and Walnut Creek Parkway
Rogers, AR 72758 - Greater Rogers Submarket


Property Type:Land Parcel Size:20.18 Acres
Zoning:A-1
For Sale Price:$1,200,000 Price/Acre:$59,465 Price/SF:$1.37

Topography:Level
Proposed Use:Retail

On-Site Improv:Finish grade


RETAIL LOT SUBDIVISION ON NEW 5-LANE PROMENADE BLVD. EXTENSION BETWEEN SCOTTSDALE AND PROMENADE LIFE CENTER. THIS NEW BYPASS CORRIDOR OPENING SPRING OF 2008. 16 RETAIL LOTS, 1 - 2.53 ACRES AND 1 SHOPPING CENTER LOT (7.64 ACRES) FRONTING PROMENADE BLVD

Sale Notes:
20.18 Acres in Rogers. Great opportunity for commercial development or multifamily. 1350'x698' dimensions. Close to Walnut and I-49. Utilities on site.

Take exit 86, east on Walnut. South on Promenade Blvd. East to S. 40th Street. Subject site is east of road.

Northwest Arkansas is very business friendly. Both Benton and Washington Counties offer appealing incentives to businesses. Benton County is the epicenter of mass retailing, while Washington County is experiencing a boom in high tech start ups. Our entire region is enjoying an economic fast track, propelled by major corporate players like Walmart as well as the University of Arkansas. Northwest Arkansas commercial real estate is currently valuable, and will only be more so in the future.

At the same time, our quality of life remains enviable. Fayetteville, Rogers, and Bella Vista are all familiar names on Best Places to Live and Best Places to Do Business lists. The Walton Arts Center, Crystal Bridges Museum of American Art, and the many smaller museums and performing arts venues combine with our many opportunities for outdoor adventures to create a place that' s as much fun to live in as to visit.


Steve Fineberg & Associates, Inc
Steve Fineberg
(479) 271-4161




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