Quonset-Style Flex
New
For Sale
$725,000
107 W Apple Blossom Ave, Lowell, AR 72745
A heated office is paired with shop space on a cleared corner parcel in Lowell.
Property Size2,160 SF
Lot Size2.16 Acres
Price / SF$335.65
Days on Market7
Property Features for 107 W Apple Blossom Ave
General Information
Standard status
Active
Size
2,160 SF
Lot size
2.16 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$2,689
Building Details
Buildings
1
Construction
Quonset style
Listing Agency:
Keller Williams Market Pro Realty Branch Office
(479) 657-6797
Listed By:
Harris Group
(479) 295-0290
Source:
Exprealty
Added: Oct 12
Changed: Oct 16
Last Checked: Oct 16 at 2:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Market Pro Realty Branch Office
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 2,160-square-foot flex property features a Quonset-style building configured with shop space and a heated office. The level, cleared parcel encompasses approximately 2.16 acres and occupies a corner at Apple Blossom Avenue and Walden Street in Lowell.
The site has frontage on both streets, with access to I-49, Highway 71B, and Highway 265. Its existing office-and-shop configuration provides a practical base for a range of business operations.
The site has frontage on both streets, with access to I-49, Highway 71B, and Highway 265. Its existing office-and-shop configuration provides a practical base for a range of business operations.
Key Highlights
- 2,160‑square‑foot Quonset‑style building
- Shop area and heated office
- Approximately 2.16‑acre level, cleared corner parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,889
Cap Rate
3.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,780
$437.8K
Cap Rate 7%
$312,700
$312.7K
Cap Rate 9%
$243,211
$243.2K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$36.3K $16.80/SF
− Vacancy
−$2.6K −$1.21/SF
EGI
$33.7K $15.59/SF
− OpEx
−$11.8K −$5.46/SF
NOI
$21.9K $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 Rate 5%
$437,780
Cap Rate 7%
$312,700
Cap Rate 9%
$243,211
Alternative Uses
Best Use
Flex RnD
$312.7K
$273.6K – $364.8K
NOI $21,889 @ 7.0% cap · market cap 3.02%
Second Best
Industrial
$116.1K
$101.6K – $135.5K
NOI $8,129 @ 7.0% cap · market cap 1.12%
Theoretical Best
Office A
$593.6K
$519.4K – $692.5K
NOI $41,551 @ 7.0% cap · market cap 5.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Well-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
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A heated office is paired with shop space on a cleared corner parcel in Lowell.
Where is this flex space located?
The property is located at 107 W Apple Blossom Ave Lowell, AR.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2,160‑square‑foot Quonset‑style building; Shop area and heated office; Approximately 2.16‑acre level, cleared corner parcel
