Office Space with Private
For Sale
Contact for pricing
225 N Bloomington Street, Lowell, AR 72745
Two enclosed offices and shared parking serve the property’s office layout.
Property Size3,500 SF
Price / SF$0.01
Days on Market195
Property Features for 225 N Bloomington Street
General Information
Standard status
Active
Size
3,500 SF
Total Parking Spaces
71
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Property Use
Office/Retail
Building Details
Year Built
2018
Parking Ratio
4.55 per 1,000 SF
Listing Agency:
EXP Realty LLC
Listed By:
Brady Hanger
(417) 259-2525
Source:
Hangerpropertygroup
Added: Apr 20
Changed: Oct 28
Last Checked: Oct 28 at 4:09PM
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 EXP Realty LLC
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Investment Insights
Based on property information with market context.
This 3,500-square-foot office property was built in 2018 and includes two private offices. Shared parking is available on site, with 71 spaces serving the property and a stated ratio of 4.55 spaces per 1,000 square feet.
At 225 N Bloomington Street in Lowell, the property is 1.2 miles from I-49. Its location places it near Bloomington Street, identified as a primary thoroughfare in the area.
At 225 N Bloomington Street in Lowell, the property is 1.2 miles from I-49. Its location places it near Bloomington Street, identified as a primary thoroughfare in the area.
Key Highlights
- 3,500 SF of office space
- Two private offices
- 71 shared parking spaces; 4.55 spaces per 1,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,816
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,320
$796.3K
Cap Rate 7%
$568,800
$568.8K
Cap Rate 9%
$442,400
$442.4K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$60.9K $17.40/SF
− Vacancy
−$4.0K −$1.15/SF
EGI
$56.9K $16.25/SF
− OpEx
−$17.1K −$4.88/SF
NOI
$39.8K $11.38/SF
Area
Benton County, AR
Vacancy
6.60%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,320
Cap Rate 7%
$568,800
Cap Rate 9%
$442,400
Alternative Uses
Best Use
Office B
$775.9K
$678.9K – $905.2K
NOI $54,312 @ 7.0% cap · market cap 301,733.33%
Second Best
Retail
$568.8K
$497.7K – $663.6K
NOI $39,816 @ 7.0% cap · market cap 221,200.00%
Theoretical Best
Office A
$961.8K
$841.6K – $1.12M
NOI $67,328 @ 7.0% cap · market cap 374,044.44%
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
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
699
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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two enclosed offices and shared parking serve the property’s office layout.
Where is this office unit located?
The property is located at 225 N Bloomington Street Lowell, AR.
What are key features of this property?
This property features: 3,500 SF of office space; Two private offices; 71 shared parking spaces; 4.55 spaces per 1,000 SF
