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
Property Details
Property Features
Listing Office:
Office Name: Colliers International - Branch Office
Office Phone: (479) 636-9000
Lot Features
Lot Information:
Lot: Level
Lot Size: 13.35 Acres
Other
Directions Information:
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.
Price Information
Listing Price Info
Price Summary:
List Price: $4,299,000
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Housing Market Comparison
See how this home compares to others in Rogers, AR.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Ruth Barker Middle School
500 SE 18th St
Distance between this listing and this school1.45 miles
Public District Grades 5-6
7
/10
Central Park Elementary School
1400 SW Liberty Ave
Distance between this listing and this school1.68 miles
Public District Grades KG-4
9
/10
Bright Field Middle School
5101 SW Bright Rd
Distance between this listing and this school1.70 miles
Public District Grades 5-6
Nearby Schools
9
/10
Fulbright Junior High School
5303 SW Bright Rd
Distance between this listing and this school1.84 miles
Public District Grades 7-8
9
/10
Washington Junior High School
1501 NE Wildcat Way
Distance between this listing and this school3.04 miles
Public District Grades 7-8
5
/10
Oakdale Middle School
511 N Dixieland Rd
Distance between this listing and this school3.53 miles
Public District Grades 6-8
Nearby Schools
8
/10
Bentonville High School
1901 SE J St
Distance between this listing and this school1.47 miles
Public District Grades 9-12
7
/10
Northwest Arkansas Classical Academy High School
1300 Melissa Dr Ste 216
Distance between this listing and this school2.52 miles
Public Charter Grades 7-12
5
/10
Rogers High School
2300 S Dixieland Rd
Distance between this listing and this school3.85 miles
The neighbors living near this home have an average income of $52,200. The majority of Rogers, AR residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Rogers, AR
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Rogers, AR?
The housing market in Rogers, Benton, Arkansas, is characterized by a diverse array of options that cater to a range of preferences and budgets. Single-family homes are prevalent, with a mix of traditional and contemporary architectural styles. The market also includes a selection of townhouses and apartment complexes, providing alternatives for those seeking more compact living spaces or amenities such as community pools and fitness centers. The area has seen a steady growth in new developments, with a focus on creating family-friendly neighborhoods.
Is Rogers, AR a good place to live?
Rogers is celebrated for its welcoming community spirit and a lifestyle that balances small-town charm with modern conveniences. The city prides itself on its rich history, which is reflected in the well-preserved downtown area and local museums. Annual events, such as the Frisco Festival, bring residents together to celebrate the city's heritage and foster a sense of community. The presence of numerous parks and recreational areas contributes to the city's family-oriented character.
Are things conveniently located in Rogers, AR?
Residents of Rogers have access to a comprehensive range of services. The city's educational system includes multiple public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare is well-supported with local clinics and a regional hospital that offers a variety of medical services. The public library system serves as a resource for learning and community engagement. Retail and dining establishments are plentiful, with local businesses and restaurants showcasing the flavors and culture of the region.
What does the transportation in Rogers, AR look like?
Transportation in Rogers is facilitated by a network of major roads and highways, including Interstate 49, which provides connectivity to nearby cities and states. Public transportation options are available, with bus services connecting key areas of the city. The community is increasingly focused on improving walkability, particularly in the downtown area and around parks. While ride-sharing services are operational, many residents find personal vehicles to be the most convenient mode of transport for daily commuting.
Frequently Asked Questions About 1501 Rainbow Rd
What is the listing price of this property?
The listing price of 1501 Rainbow Rd property is $4,299,000.
What type of property is this?
The property 1501 Rainbow Rd is land located in Rogers, Arkansas, 72758.
Is this property for sale now?
Active Listing: 1501 Rainbow Rd is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 1501 Rainbow Rd in Rogers, AR and zip code 72758. This home sits on a 13.35 acre lot. It has been listed on Rocket Homes since February 06, 2023 and is currently priced at $4,299,000.
Rogers, AR housing market in October 2024 saw over 15 listings sold above listed price, more than 22 sold at listed price and over 38 sold below. The number of homes for sale in Rogers, AR increased by 4.6% between September 2024 and October 2024. In October 2024, listings were on the market for 95 days. During the same period, the median list price in this real estate market was $415,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
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