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

    507 W Monroe AVE Unit #B Lowell, AR 72745

    View on Map
    For Sale
    Contact for pricing

    Medical/Dental - Lowell, AR

    Property size:
    5,325 SF
    Lot size:
    1.92 Acres
    Added:
    Dec 15, 2025
    Days on Market:
    110
    Last Refresh:
    Apr 4 at 10:06 am

    Property Features for 507 W Monroe AVE Unit #B

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    5,325 SF
    Lot size
    1.92 Acres

    Building Details

    Year built
    2018
    Architectural style
    Other

    We can help!

    Listing Contact
    Corey Fuhrman
    Corey Fuhrman

    Listing agent Corey Fuhrman

    Listing office Focus Commercial Real Estate 5212 W Walsh Ln Ste 201, Bentonville, AR

    Listing date Dec 15, 2025

    MLS# 1331330 Listing URL

    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

    Move-in Ready Medical Office Building

    This medical office building in Lowell offers a turnkey opportunity for healthcare users. The space is fully built out with seven exam rooms, an X-ray room, and a dedicated procedure room. Located directly off I-49 and adjacent to the J.B. Hunt campus, the property provides convenient access. The site benefits from exposure along W Monroe Avenue and features large pylon signage. The property is suited for a variety of medical and healthcare uses. The building has 1.92 acres. Space B is 5,325 square feet. The entire building is 6,600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Tyler Carllee Physician Rhonald Myers Searcy Pediatrician UAMS Health - Gannon ... Physician Braden Duncan Foster Care Service Robert Bradley Reeves Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Similar Places Nearby

    • Lowell Vet Center — 109 Commercial Ave, Lowell, AR 72745
    • Meenen Dennis DVM — 109 Commercial Ave, Lowell, AR 72745

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Benton
    State
    Arkansas
    Longitude
    -94.146057
    Latitude
    36.253846

    Nearby Similar for Sale

    • $26
      6,600 SF

      Move-in Ready Medical Office Building

      Turnkey medical office building in Lowell, Arkansas.
      507 W Monroe AVE Unit #A & B, Lowell, AR 72745
      View Details
    • $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
    • $16
      8,564 SF

      Planned Warehouse/Flex Space Available

      Warehouse/flex space for lease in Lowell, AR, Q1 2027.
      117 Lincoln ST, 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
    • $29
      1,275 SF

      Move-in Ready Medical Office Building

      Turnkey medical office building in Lowell, excellent accessibility and visibility.
      507 W Monroe AVE Unit #A, 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
    • $18
      6,000 SF

      Lowell Office Space For Sale

      6,000 SF office space in Lowell, Arkansas for sale.
      201 Presidential, Lowell, AR 72745
      View Details
    • $16
      11,880 SF

      New Warehouse Space in Lowell

      Flexible warehouse units available near major transportation routes.
      1000 W Monroe 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
    • $10,500,000
      40,000 SF

      Renovated Office Building in Lowell

      40,000 SF office building in a growing Arkansas market.
      519 Latham DR, Lowell, AR 72745
      View Details
    • $2,357,520
      10,716 SF

      Lowell Warehouse For Sale

      Industrial building in Lowell, Arkansas, with easy access to I-49.
      212 Presidential DR, Lowell, AR 72745
      View Details
    • $585,000
      1,104 SF

      Lowell Auto Service Garage For Sale

      Commercial property in Lowell, AR, suitable for auto-related businesses.
      209 N Bloomington ST, Lowell, AR 72745
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Turnkey medical office in central, high-visibility Lowell location.
    Where is this medical office space located?
    The property is located at 507 W Monroe AVE Unit #B Lowell, AR.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Move‑in ready medical office building: **Turnkey opportunity for healthcare users**.; **Fully built‑out medical space** with seven exam rooms, an X‑ray room, and a dedicated procedure room.; **High‑visibility location** directly off I‑49 and adjacent to the J.B. Hunt campus.
    (479) 876-8080
    We can help!
    Listing Contact
    Corey Fuhrman
    Corey Fuhrman
    Real Estate License ID: EB00081934
    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!