Flex Space Building with Bay
120 Commercial Avenue Lowell, AR 72745
120 Commercial Avenue, Lowell, AR, 72745
$2,500,000
For Sale
$2,500,000
Modern flex building with large showroom space, high ceilings, and several bay garage doors plus an attached apartment with backyard.
Property Size11,920 SF
Price / SF$209.73
Days on Market362
Property Features for 120 Commercial Avenue
General Information
- Standard status
- Active
- Size
- 11,920 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2000
Listing agency
Collier & Associates- Rogers Branch
(479) 644-7656
Listed by
Jennifer Grimes · License #SA00089708
(479) 644-7656
Source
Exitrealty
Added: Jul 26, 2025 Updated: Jul 22 at 5:12AM Checked: Jul 22 at 5:12AM
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 Collier & Associates- Rogers Branch
Investment Insights
Based on property information with market context.
This commercial flex space building offers an adaptable floor plan designed to support retail, office, or mixed-use configurations. The layout includes expansive open spaces with high ceilings and large windows for natural light, along with a large showroom area. Several bay garage doors support loading and flexible access, and the property also includes a 1,900 square-foot attached apartment with a backyard. Additional private living space features an upstairs bedroom/office room and bath, with storage included.
Located in a thriving business district, the property is described as having easy access to major highways and ample parking. Public remarks also highlight visibility and foot traffic.
With approximately 11,920 square feet of total building area, this is a single-building setup that combines flexible commercial space with on-site residential space for added operational convenience.
Located in a thriving business district, the property is described as having easy access to major highways and ample parking. Public remarks also highlight visibility and foot traffic.
With approximately 11,920 square feet of total building area, this is a single-building setup that combines flexible commercial space with on-site residential space for added operational convenience.
Key Highlights
- 12,000 SF commercial building built in 2000 with a flexible floor plan for retail, office, or mixed‑use
- Large showroom space with high ceilings and large windows for natural light
- Several bay garage doors for loading and versatile use
Local Financial Insights For Retail
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 | $207.4k | $17.40 |
| − Vacancy | −$13.7k | −$1.15 |
| EGI | $193.7k | $16.25 |
| − OpEx | −$58.1k | −$4.88 |
| NOI | $135.6k | $11.38 |
11,920 SF · lease $17.40/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.94M
$1.70M – $2.26M
NOI $135,603 @ 7.0% cap · market cap 5.42%
Second Best
Flex RnD
$1.73M
$1.51M – $2.01M
NOI $120,794 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$3.28M
$2.87M – $3.82M
NOI $229,299 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Infinite Depths
Big Box & Wholesale Store
Ameripolish
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Modern flex building with large showroom space, high ceilings, and several bay garage doors plus an attached apartment with backyard.
Where is this flex space located?
The property is located at 120 Commercial Avenue Lowell, AR.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 12,000 SF commercial building built in 2000 with a flexible floor plan for retail, office, or mixed‑use; Large showroom space with high ceilings and large windows for natural light; Several bay garage doors for loading and versatile use
