Highway Frontage Commercial
719 Old Wire Road Lowell, AR 72745
719 Old Wire Road, Lowell, AR, 72745
$310,000
For Sale
$310,000
Commercial property with highway frontage, suitable for various businesses.
Property Size2,664 SF
Price / SF$116.37
Days on Market196
Property Features for 719 Old Wire Road
General Information
- Standard status
- Active
- Size
- 2,664 SF
- Property subtype
- Commercial/Industrial
Listing Agency
Weichert REALTORS - The Griffin Company Springdale
(479) 287-1663
Listed by
Darrel Donohew · License #SA00084156
(479) 287-1663
Source
Exitrealty
Added: Jan 3 Checked: Jul 17 at 4:12 am
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 Weichert REALTORS - The Griffin Company Springdale
Investment Insights
Based on property information with market context.
This commercial property, zoned C-2, features approximately 160 feet of frontage on Arkansas Highway 265. The location offers potential for various business uses, including a gas station, car lot, office space, or flex space. A new bypass is planned approximately 0.75 miles to the south on Old Wire/Highway 265. The property is located 2.8 miles from J.B. Hunt world headquarters, offering potential for future growth. The property includes a house at the front that generates revenue, and a mobile home at the back that conveys with the sale unless the buyer requests its removal. The property size is 2664 square feet.
Key Highlights
- Zoned Commercial (C‑2) for versatile use, including gas stations, car lots, offices, and flex spaces.
- High visibility with almost 160 feet of frontage on Arkansas Highway 265.
- Proximity to J.B. Hunt world headquarters (2.8 miles).
Local Financial Insights For Industrial
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 | $16.0k | $6.00 |
| − Vacancy | −$1.7k | −$0.62 |
| EGI | $14.3k | $5.38 |
| − OpEx | −$4.3k | −$1.61 |
| NOI | $10.0k | $3.76 |
2,664 SF · lease $6.00/SF/yr · vacancy 10.40% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$511.9K
$447.9K – $597.2K
NOI $35,830 @ 7.0% cap · market cap 11.56%
Second Best
Retail
$432.9K
$378.8K – $505.1K
NOI $30,306 @ 7.0% cap · market cap 9.78%
Theoretical Best
Office A
$732.1K
$640.6K – $854.1K
NOI $51,246 @ 7.0% cap · market cap 16.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gas stations
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Commercial property with highway frontage, suitable for various businesses.
Where is this gas station located?
The property is located at 719 Old Wire Road Lowell, AR.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Zoned Commercial (C‑2) for versatile use, including gas stations, car lots, offices, and flex spaces.; High visibility with almost 160 feet of frontage on Arkansas Highway 265.; Proximity to J.B. Hunt world headquarters (2.8 miles).
