#1299134, Listing office: Steve Fineberg & Associates
Property details
About 1501 Rainbow Rd
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. • +/- 13.35 acres • Zoned “T5.1,” Town Center Low in Rogers jurisdiction • Zoning allows for a mix of office, mixed-use, multifmaily and commercial buildings • 500 feet of frontage on Rainbow Road • High growth area of Rogers that is immediately adjacent to Bentonville and SE Walton Blvd • 2.6 miles from t 350-acre Walmart Home Office campus
Highlights
Home typeUnimproved Land
StatusActive
Lot size13.35 Acres
MLS #1238374
Summary
- List Price: $4,299,000
- Lot: Level
- 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.
- Lot Size: 13.35 Acres
- MLS Number: 1238374
- MLS Name: ARKMLS
- Office Name: Colliers International - Branch Office
- Office Email: dan.b.smith@colliers.com
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 © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 12:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
7
Ruth Barker Middle School
Public District 5-6
1.4 mi
•500 SE 18th St
7
Central Park Elementary School
Public District KG-4
1.7 mi
•1400 SW Liberty Ave
9
Bright Field Middle School
Public District 5-6
1.7 mi
•5101 SW Bright Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,200. Typical income of Rogers, AR residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
26%
<35k
46%
35k-100k
25%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
60%
Single, No Kids
4%
Single, with Kids
19%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
42%
18-34 yrs old
35%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
College Football
Pro Wrestling
Where do the neighbors shop?
BJs Wholesale Club
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Panera
Sonic
Dominos Pizza
What do the neighbors drive?
Infiniti
Kia
Ford
What do the neighbors listen to?
Adult Hits
New Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Rogers, AR
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.
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.
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.
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.
About 1501 Rainbow Rd
The listing price of 1501 Rainbow Rd property is $4,299,000.
The property 1501 Rainbow Rd is land located in Rogers, Arkansas, 72758.
Active Listing: 1501 Rainbow Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1501 Rainbow Rd are: Ruth Barker Middle School (GreatSchools Rating 7/10), Central Park Elementary School (GreatSchools Rating 7/10), Bright Field Middle School (GreatSchools Rating 9/10), Fulbright Junior High School (GreatSchools Rating 9/10), Washington Junior High School (GreatSchools Rating 9/10), Oakdale Middle School (GreatSchools Rating 5/10), Haas Hall Bentonville (GreatSchools Rating 10/10), Bentonville High School (GreatSchools Rating 8/10), Northwest Arkansas Classical Academy High School (GreatSchools Rating 7/10).
The property 1501 Rainbow Rd is 13.35 acres.
This home is located at 1501 Rainbow Rd in Rogers, AR and zip code 72758. Features: 0 bathroom. It has been listed on Rocket Homes since February 6, 2023 and is currently priced at $4,299,000.
In June 2025, from all listings sold in Rogers, AR there were more than 21 sold above asking price, over 40 sold below and more than 35 were sold right at the asked price. Between May and June 2025, Rogers, AR real estate market has seen increase in the number of listings by 2.4%. In June 2025 median list price was $445,000 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.