#1275482, Listing Office: Bennett Commercial Real Estate
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. • 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
Highlights
Home typeBusiness
StatusActive
Lot size13.35 Acres
MLS #1238374
Summary
- 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: 3/15/2025, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,299,000
1501 Rainbow Rd
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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. Typical level of education for residents in this area is post secondary degree.
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
About 1501 Rainbow Rd
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 February 2025 more than 8 listings in Rogers, AR were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 35 were sold below. The inventory of homes for sale in Rogers, AR between January and February 2025 increased by 4.1%. While the average time on the market in February 2025 was 83 days, the median list price was $424,132.
From Rocket Homes Real Estate and based on county public records data.