200 Parkwood St, Lowell, AR
Class B office building with conversion potential on 4.8 acres.
- Added:
- Apr 15, 2024
- Days on Market:
- 794
- Last Refresh:
- May 20 at 9:34 pm
Property Features for 200 Parkwood St
General Information
- Standard status
- Active
- Size
- 24,149 SF
- Lot size
- 4.80 Acres
- Property subtype
- OFFICE
Listing agent Wade Smith License #EB00053648 (214) 924-1605
Listing office Colliers - Rogers (214) 924-1605
Listing date Apr 15, 2024
Source Moodyscre
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 Colliers - Rogers
HighLights
- +/- 4.80 acres
- Possible conversion to multi‑tenant building
- Back‑up generator
- Class “B” two‑story office building
- Two‑level office
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $536.1k | $22.20 |
| − Vacancy | −$36.5k | −$1.51 |
| EGI | $499.7k | $20.69 |
| − OpEx | −$124.9k | −$5.17 |
| NOI | $374.7k | $15.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Benton
- State
- Arkansas
- Longitude
- -94.1387
- Latitude
- 36.2516
