1501 S Rainbow Rd Rogers, AR 72758
Estimated payment $23,591/month
About This Lot
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
Listing Agent
Colliers International - Branch Office Brokerage Email: dan.b.smith@ar.colliers.com License #AB00089282 Listed on: 02/06/2023
Co-Listing Agent
Colliers International - Branch Office Brokerage Email: dan.b.smith@ar.colliers.com License #SA00056917
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,720
Lot Details
- 13.35 Acre Lot
- Level Lot
Utilities
- Not Connected to Sewer
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,080 | $204,348 | $204,348 | -- |
| 2024 | $10,810 | $204,348 | $204,348 | -- |
| 2023 | $13,356 | $300,760 | $300,760 | $0 |
| 2022 | $12,818 | $300,760 | $300,760 | $0 |
| 2021 | $11,720 | $300,760 | $300,760 | $0 |
| 2020 | $10,662 | $194,210 | $194,210 | $0 |
| 2019 | $33 | $610 | $610 | $0 |
| 2018 | $1,648 | $31,010 | $13,770 | $17,240 |
| 2017 | $1,545 | $31,300 | $14,060 | $17,240 |
| 2016 | $971 | $31,300 | $14,060 | $17,240 |
| 2015 | $1,281 | $24,210 | $4,700 | $19,510 |
| 2014 | $931 | $24,210 | $4,700 | $19,510 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2026 03/16/26 | Pending | -- | -- | -- | |
| 06/20/2023 06/20/23 | For Sale | $4,299,000 | 0.0% | -- | |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- | |
| 02/06/2023 02/06/23 | For Sale | $4,299,000 | +329.4% | -- | |
| 07/09/2018 07/09/18 | Sold | $1,001,250 | +123.5% | $556 / Sq Ft | View Prior Sale |
| 06/09/2018 06/09/18 | Pending | -- | -- | -- | |
| 02/23/2018 02/23/18 | Sold | $448,000 | -56.6% | $249 / Sq Ft | View Prior Sale |
| 01/24/2018 01/24/18 | Pending | -- | -- | -- | |
| 12/12/2016 12/12/16 | For Sale | $1,032,000 | -43.4% | $573 / Sq Ft | |
| 07/06/2015 07/06/15 | For Sale | $1,823,400 | -- | $1,013 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,012,500 | None Available | |
| Warranty Deed | $1,001,250 | Waco Title Company | |
| Warranty Deed | $448,000 | Waco Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $512,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $330,000 | Commercial |
Source: Northwest Arkansas Board of REALTORS®
MLS Number: 1238374
APN: 02-00861-107
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 901 SE Walton Blvd
- 5879 W Venture Park Blvd
- 5801 W Venture Park Blvd
- 0 SE C St
- TBD SW Ranch Rd
- 1108 SE 34th St
- 404 SW Regional Airport Blvd Unit Lot 1
- 404 SW Regional Airport Blvd Unit Lot 3
- 5702 W Stoney Creek Dr
- 0 S Dodson Rd
- 1117 & 1119 SE 33rd St
- 5429 Chardonnay Ct
- 987 Elk Rd
- 1.70 AC SE 30th St
- Lot 34B SW H St
- Lot 34A SW H St
- 5000 SW Blaire Mont Rd
- 1104 SW Edinburgh Ave
- 3319 Mp Pkwy Unit 203
- 3319 Mp Pkwy Unit 107
Ask me questions while you tour the home.