Mixed-Use Building with
For Sale
$2,500,000
120 Commercial Avenue, Lowell, AR 72745
CommercialSale, Lowell, AR
Property Size12,000 SF
Lot Size0.95 Acres
Price / SF$209.73
Days on Market448
Property Features for 120 Commercial Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
15
Parking features
Garage
Appliances
ElectricWaterHeater
Lot features
Central Business District, City Lot, Industrial Park
Directions
From I-49 towards Fayetteville take exit 78 towards Lowell. Merge onto AR-264 W and then turn right onto business 71-B, go 1/4 mile and turn left onto Commercial Ave. Building is second one on the left.
Standard status
Active
APN
12-01247-000
Size
11,920 SF
Lot size
0.95 Acres
Taxes and HOA fees
Tax Description
PLAT 20-264
Legal Description
PLAT 20-264
Utilities
Sewer type
Septic Tank, Public Sewer
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
2000
Floors in Building
2
Number of units
1
Flooring type
Concrete
Building materials
AluminumSiding, Brick, MetalSiding, Steel
Roof type
Metal
Listing Agency:
Collier & Associates- Rogers Branch
(479) 274-0977
Listed By:
Jennifer Grimes (TEAM ID:RUBYPOOLETEAM) · License #SA00089708
(479) 644-7656
Added: Jul 26, 2025
Changed: Sep 12
Last Checked: Oct 16 at 4:06AM
MLS# 1316032
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 mixed-use commercial building combines a large showroom with open interior areas, high ceilings, broad windows, several bay garage doors, and a flexible arrangement for retail, office, or related business operations. An attached 1,900-square-foot apartment includes a backyard, while an upstairs bedroom or office, bathroom, and storage areas add further functionality. Concrete flooring, metal roofing, steel and masonry-related construction materials, central electric cooling, and an electric water heater are among the documented improvements.
The property occupies 0.95 acres at 120 Commercial Avenue in Lowell, Arkansas. Public water is available, with sewer information listing both a septic tank and public sewer. The building was constructed in 2000 and includes garage parking. Its location is described as being within Lowell’s business district with access to major highways, while the property’s mixed-use configuration supports several commercial formats.
The property occupies 0.95 acres at 120 Commercial Avenue in Lowell, Arkansas. Public water is available, with sewer information listing both a septic tank and public sewer. The building was constructed in 2000 and includes garage parking. Its location is described as being within Lowell’s business district with access to major highways, while the property’s mixed-use configuration supports several commercial formats.
Key Highlights
- 11920 SF commercial property on 0.95 acres
- Attached 1900 square foot apartment with backyard
- Large showroom with open interior areas and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$184,972
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,699,440
$3.7M
Cap Rate 7%
$2,642,457
$2.6M
Cap Rate 9%
$2,055,244
$2.1M
Market Conditions
NOI Build-Up for 11,920 SF
Gross rent
$264.6K $22.20/SF
− Vacancy
−$18.0K −$1.51/SF
EGI
$246.6K $20.69/SF
− OpEx
−$61.7K −$5.17/SF
NOI
$185.0K $15.52/SF
Area
Benton County, AR
Vacancy
6.80%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,699,440
Cap Rate 7%
$2,642,457
Cap Rate 9%
$2,055,244
Alternative Uses
Best Use
Office B
$2.64M
$2.31M – $3.08M
NOI $184,972 @ 7.0% cap · market cap 7.40%
Second Best
Retail
$1.94M
$1.70M – $2.26M
NOI $135,603 @ 7.0% cap · market cap 5.42%
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 authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
412
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property with open interiors, bay access, an attached apartment, and a combination of office and retail functionality.
Where is this mixed-use property 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: 11920 SF commercial property on 0.95 acres; Attached 1900 square foot apartment with backyard; Large showroom with open interior areas and high ceilings
