Two-Story Office Building For
For Sale
Contact for pricing
200 Parkwood St, Lowell, AR
Class B office building with conversion potential on 4.8 acres.
Property Size24,149 SF
Lot Size4.80 Acres
Price / SF$180.47
Days on Market843
Property Features for 200 Parkwood St
General Information
Standard status
Active
Size
24,149 SF
Lot size
4.80 Acres
Property subtype
OFFICE
Listing Agency:
Colliers - Rogers
(214) 924-1605
Listed By:
Wade Smith · License #EB00053648
(214) 924-1605
Source:
Moodyscre
Added: Apr 15, 2024
Changed: Jul 6
Last Checked: Jul 21 at 5:22AM
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
Investment Insights
Based on property information with market context.
This is a Class B two-story office building situated on approximately 4.80 acres. The property features a two-level office layout. There is a back-up generator. The building offers the potential for conversion into a multi-tenant building.
Key Highlights
- +/- 4.80 acres
- Possible conversion to multi‑tenant building
- Back‑up generator
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 |
24,149 SF · lease $22.20/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.35M
$4.68M – $6.25M
NOI $374,739 @ 7.0% cap · market cap 8.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.64M
$5.81M – $7.74M
NOI $464,542 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Class B office building with conversion potential on 4.8 acres.
Where is this office building located?
The property is located at 200 Parkwood St Lowell, AR.
What is the asking price?
The asking price for this property is $4,358,200.
What are key features of this property?
This property features: +/- 4.80 acres; Possible conversion to multi‑tenant building; Back‑up generator
