Flex Space with Dock
For Sale
$2,357,520
212 Presidential Drive, Lowell, AR 72745
COMMERCIAL - Lowell, AR
Property Size10,716 SF
Price / SF$220
Days on Market373
Property Features for 212 Presidential Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
At the intersection of Presidential Drive and S Lincoln St
Standard status
Active
APN
12-01298-000
Size
10,716 SF
Taxes and HOA fees
Tax Description
see tax card
Legal Description
see tax card
Building Details
Year built
2018
Listing Agency:
Colliers International - Branch Office
(479) 636-9000
Listed By:
Wade Smith · License #SA00080317
(214) 924-1605
Added: Aug 12, 2025
Changed: Aug 19
Last Checked: Aug 19 at 8:06AM
MLS# 1317766
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.
Investment Insights
Based on property information with market context.
This 10,716-square-foot flex property was built in 2018 and combines industrial functionality with dedicated office improvements. The building includes two roll-up doors, two dock doors, conference rooms, multiple offices, and a second-floor landing, providing a mix of work and administrative areas within one facility.
Located in Lowell, Arkansas, the property offers access to Interstate 49 and major service corridors. It is also near Highway 71B, daytime amenities, and the J.B. Hunt Transport corporate campus. The 212 Presidential Drive location places the building within a commercial area experiencing retail and residential development.
Located in Lowell, Arkansas, the property offers access to Interstate 49 and major service corridors. It is also near Highway 71B, daytime amenities, and the J.B. Hunt Transport corporate campus. The 212 Presidential Drive location places the building within a commercial area experiencing retail and residential development.
Key Highlights
- 10,716‑square‑foot flex property built in 2018
- Two roll‑up doors and two dock doors
- Office space with conference rooms and multiple offices
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$108,593
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,171,860
$2.2M
Cap Rate 7%
$1,551,329
$1.6M
Cap Rate 9%
$1,206,589
$1.2M
Market Conditions
NOI Build-Up for 10,716 SF
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.
Gross rent
$180.0K $16.80/SF
− Vacancy
−$13.0K −$1.21/SF
EGI
$167.1K $15.59/SF
− OpEx
−$58.5K −$5.46/SF
NOI
$108.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,171,860
Cap Rate 7%
$1,551,329
Cap Rate 9%
$1,206,589
Alternative Uses
Best Use
Flex RnD
$1.55M
$1.36M – $1.81M
NOI $108,593 @ 7.0% cap · market cap 4.61%
Second Best
Warehouse
$699.5K
$612.1K – $816.1K
NOI $48,968 @ 7.0% cap · market cap 2.08%
Theoretical Best
Office A
$2.94M
$2.58M – $3.44M
NOI $206,138 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Under-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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 2018-built flex space combines office areas with loading access and conference rooms.
Where is this flex space located?
The property is located at 212 Presidential Drive Lowell, AR.
What is the asking price?
The asking price for this property is $2,357,520.
What are key features of this property?
This property features: 10,716‑square‑foot flex property built in 2018; Two roll‑up doors and two dock doors; Office space with conference rooms and multiple offices
