Flex Space with Roll-Up
For Sale
$2,200,000
1005 Bloomington Street, Lowell, AR 72745
CommercialSale, Lowell, AR
Property Size10,550 SF
Lot Size1.44 Acres
Price / SF$208.53
Days on Market660
Property Features for 1005 Bloomington Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Property condition
Under Construction
Zoning description
Commercial
Parking
26
Lot features
Central Business District, City Lot
Directions
From I-49, Exit 78(AR-264) / E on AR-264(W Monroe Ave) / L on Bloomington (US 71B) / One mile on the right.
Standard status
Active
APN
12-00352-000
Size
10,550 SF
Lot size
1.44 Acres
Taxes and HOA fees
Tax Description
STR 36-19-30
Legal Description
STR 36-19-30
Utilities
Water source
Public
Building Details
Year built
2024
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
Lindsey & Assoc Inc Branch
(479) 636-2200
Listed By:
Bob Orband · License #SA00061791
(479) 659-1804
Added: Jan 16, 2025
Changed: Oct 17
Last Checked: Nov 6 at 7:06AM
MLS# 1296313
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.
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Investment Insights
Based on property information with market context.
This 10,550-square-foot flex space is under construction with metal siding and a metal roof. The building is arranged into five sections measuring 30' x 70' each, with 12' roll-up doors serving every section; Section A includes two 12' roll-up doors. Public water is available, and the improvements were built in 2024.
The property occupies approximately 1.44 acres along Hwy 71B/Bloomington, with approximately 20,000+ vehicles per day. An additional empty lot sits beside the building, providing room for parking, expansion, or future development. The site is minutes from JB Hunt HQ, I-49, and downtown Rogers.
The property occupies approximately 1.44 acres along Hwy 71B/Bloomington, with approximately 20,000+ vehicles per day. An additional empty lot sits beside the building, providing room for parking, expansion, or future development. The site is minutes from JB Hunt HQ, I-49, and downtown Rogers.
Key Highlights
- 10,550 SF flex‑space building under construction
- Approximately 1.44 acres with an additional empty lot beside the building
- Five sections, each measuring 30' x 70'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,018
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,400,360
$2.4M
Cap Rate 7%
$1,714,543
$1.7M
Cap Rate 9%
$1,333,533
$1.3M
Market Conditions
NOI Build-Up for 10,550 SF
Gross rent
$183.6K $17.40/SF
− Vacancy
−$12.1K −$1.15/SF
EGI
$171.5K $16.25/SF
− OpEx
−$51.4K −$4.88/SF
NOI
$120.0K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,400,360
Cap Rate 7%
$1,714,543
Cap Rate 9%
$1,333,533
Alternative Uses
Best Use
Retail
$1.71M
$1.50M – $2.00M
NOI $120,018 @ 7.0% cap · market cap 5.46%
Second Best
Flex RnD
$1.53M
$1.34M – $1.78M
NOI $106,911 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$2.90M
$2.54M – $3.38M
NOI $202,945 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- CATERING CONCEPTS — 903 N Bloomington St #101a, Lowell, AR 72745
Frequently Asked Questions
What type of property is this?
Flex space - Under-construction metal building with multiple bays and a neighboring vacant lot for added site flexibility.
Where is this flex space located?
The property is located at 1005 Bloomington Street Lowell, AR.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 10,550 SF flex‑space building under construction; Approximately 1.44 acres with an additional empty lot beside the building; Five sections, each measuring 30' x 70'
