Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    319 W Monroe Avenue Lowell, AR 72745

    View on Map
    For Sale
    $2,822,000

    LAND - Lowell, AR

    Property size:
    1,300 SF
    Lot size:
    3.24 Acres
    Added:
    Nov 26, 2025
    Days on Market:
    133
    Last Refresh:
    Apr 8 at 1:06 am

    Property Features for 319 W Monroe Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    12-00232-000
    Size
    1,300 SF
    Lot size
    3.24 Acres

    Taxes and HOA fees

    Tax Description
    see tax card

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Daniel Smith
    Daniel Smith

    Listing agent Daniel Smith License #AB00089282

    Listing office Colliers International - Branch Office 3503 S 55th St, Suite 200 102, AR

    Listing date Nov 26, 2025

    MLS# 1329509

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lowell Land Near JB Hunt

    This 3.24-acre parcel, zoned C-2, offers various commercial possibilities. The property is suitable for retail development in an area with low retail vacancy in Northwest Arkansas. It benefits from high visibility and traffic, with over 26,000 vehicles per day along W Monroe Avenue. The site is ready for development, with water and sewer services available nearby from Springdale Utilities. It features 630 feet of frontage on W Monroe, located 730 feet from I-49 (exit 78). The property's location is near JB Hunt HQ, other major employers, and residential developments. A 1300 square foot former single-family residence is on the property and currently occupied by Molly Maids as a tenant. This location offers exposure and development potential in a connected commercial corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Merry Maids of Lowell Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Benton
    State
    Arkansas
    Longitude
    -94.144054
    Latitude
    36.253909

    Nearby Similar for Sale

    • $725,000
      1,470 SF

      Lowell Flex Space with Amenities

      Custom-built flex space on 2.66 acres with multiple buildings.
      12705 Rhoden LN, Lowell, AR 72745
      View Details
    • $725,000
      2,160 SF

      Lowell Warehouse with Redevelopment Potential

      Flexible commercial property with office and warehouse space on 2.16 acres.
      107 W Apple Blossom AVE, Lowell, AR 72745
      View Details
    • $2,000,000
      1,800 SF

      Commercial Land in Growing Corridor

      Prime commercial land with high visibility and easy access.
      626 Oakwood ST, Lowell, AR 72745
      View Details
    • $725,000

      Commercial Land Near Interstate 49

      1.05-acre commercial land tract in Lowell, Arkansas.
      W Monroe Avenue lot: 1, Lowell, AR 72745
      View Details
    • $2,500,000
      11,920 SF

      Versatile Commercial Building in Lowell

      12,000 sq ft commercial building suitable for retail, office, mixed-use.
      120 Commercial AVE, Lowell, AR 72745
      View Details
    • $325,000
      2,664 SF

      Commercial Property on Highway 265

      Commercial property with highway frontage and future growth potential.
      719 Old Wire RD, Lowell, AR 72745
      View Details
    • $2,000,000

      Commercial Land in Growing Corridor

      Prime commercial land opportunity in Lowell, Arkansas's growing area.
      626 Oakwood Street, Lowell, AR 72745
      View Details
    • $310,000

      Lowell, AR Building Lot

      2.5 acre building lot with stream, easy I-49 access.
      Tract 3 Puppy Creek Road lot: 0, Lowell, AR 72745
      View Details
    • $2,705,076

      Lowell, AR Commercial Development Land

      2.76-acre commercial development opportunity in rapidly growing Lowell, Arkansas.
      1566 Pleasant Grove Road, Lowell, AR 72745
      View Details
    • $999,999
      2,120 SF

      Commercial Property on Highway 71B

      Prime commercial land with high visibility and easy access.
      926 N Bloomington ST, Lowell, AR 72745
      View Details
    • $855,000

      Development Land in Lowell, AR

      9.88 acres in fast-growing Lowell area, development opportunity.
      1307 Honeysuckle Street, Lowell, AR 72745
      View Details
    • $10,500,000
      40,000 SF

      Renovated Office Building in Lowell

      40,000 SF office building in a growing Arkansas market.
      519 Latham Drive, Lowell, AR 72745
      View Details

    FAQs

    What type of property is this?
    Commercial land - 3.24 acre C-2 zoned parcel near I-49 and JB Hunt.
    Where is this commercial land located?
    The property is located at 319 W Monroe Avenue Lowell, AR.
    What is the asking price?
    The asking price for this property is $2,822,000.
    What are key features of this property?
    This property features: Strategic Location: Adjacent to JB Hunt HQ, near major employers and residential growth, offering high business potential.; Exceptional Access & Visibility: Boasting 630' frontage on W Monroe Ave, and located just 730' from I‑49 (exit 78) with 26,000+ VPD.; Versatile C‑2 Zoning: Allows for a wide range of commercial uses on the 3.24 acre parcel.
    (479) 318-8488
    We can help!
    Listing Contact
    Daniel Smith
    Daniel Smith
    Real Estate License ID: AB00089282
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!