C-2 Commercial Land with
For Sale
$310,000
719 Old Wire Road, Lowell, AR 72745
CommercialSale, Lowell, AR
Property Size2,664 SF
Lot Size0.96 Acres
Price / SF$116.37
Days on Market246
Property Features for 719 Old Wire Road
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From Interstate 49 take exit 78. Travel East to Highway 71B and make a right. Travel South a few miles and turn left on Apple Blossom. Take Apple Blossom East until you intersect Highway 265. Make a left and travel North a few hundred feet and the property sits on the East side of Highway 265.
Standard status
Active
APN
12-00618-038
Size
2,664 SF
Lot size
0.96 Acres
Taxes and HOA fees
Tax Description
See attached
Tax Annual Amount
1129
Legal Description
See attached
Listing Agency:
Weichert REALTORS - The Griffin Company Springdale
(479) 756-1003
Listed By:
Darrel Donohew · License #SA00084156
(479) 287-1663
Added: Jan 2
Changed: Aug 20
Last Checked: Sep 5 at 9:06PM
MLS# 1331907
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.
Investment Insights
Based on property information with market context.
This 0.96-acre commercial land parcel is zoned C-2 and includes two existing residential structures: a home positioned toward the front and a mobile home toward the rear. The property record identifies 2,664 square feet of property size. The home is described as revenue generating, while the mobile home conveys with the property unless the buyer elects to remove it.
Located at 719 Old Wire Road in Lowell, Arkansas, the parcel has almost 160 feet of frontage along Arkansas Highway 265. A new 612 bypass is planned to connect approximately 3/4 of a mile south on Old Wire/Highway 265. J.B. Hunt world headquarters is identified as 2.8 miles away.
Located at 719 Old Wire Road in Lowell, Arkansas, the parcel has almost 160 feet of frontage along Arkansas Highway 265. A new 612 bypass is planned to connect approximately 3/4 of a mile south on Old Wire/Highway 265. J.B. Hunt world headquarters is identified as 2.8 miles away.
Key Highlights
- 0.96‑acre C‑2 commercial land parcel
- Almost 160 feet of frontage on Arkansas Highway 265
- Existing front home and rear mobile home convey with the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,996
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$539,920
$539.9K
Cap Rate 7%
$385,657
$385.7K
Cap Rate 9%
$299,956
$300.0K
Market Conditions
NOI Build-Up for 2,664 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.8K $16.80/SF
− Vacancy
−$3.2K −$1.21/SF
EGI
$41.5K $15.59/SF
− OpEx
−$14.5K −$5.46/SF
NOI
$27.0K $10.13/SF
Area
Benton County, AR
Vacancy
7.20%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$539,920
Cap Rate 7%
$385,657
Cap Rate 9%
$299,956
Alternative Uses
Best Use
Specialty Retail
$511.9K
$447.9K – $597.2K
NOI $35,830 @ 7.0% cap · market cap 11.56%
Second Best
Retail
$432.9K
$378.8K – $505.1K
NOI $30,306 @ 7.0% cap · market cap 9.78%
Theoretical Best
Office A
$732.1K
$640.6K – $854.1K
NOI $51,246 @ 7.0% cap · market cap 16.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 72745, AR
13,371
Population
5,324
Households
2.5
Avg Household Size
35
Median Age
26%
College-Educated
85%
High-School Grad
31.8 sq mi
ZIP Area
420
Density / Sq Mi
$88,958
Median Household Income
$49,144
Median Earnings
$1,119
Median Rent
$255,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - C-2-zoned commercial land includes a home and a mobile home on the property.
Where is this commercial land located?
The property is located at 719 Old Wire Road Lowell, AR.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 0.96‑acre C‑2 commercial land parcel; Almost 160 feet of frontage on Arkansas Highway 265; Existing front home and rear mobile home convey with the property
