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    101 Monument St Lowell, AR 72745

    For Sale
    Contact for pricing

    Class A Office, High-Growth Area, 2,301 SF

    Property size:
    2,301 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Independence Plaza, located at 101 Monument St, Lowell, AR 72745, presents a unique investment opportunity. This Class A, 2,301 square foot executive office space is part of a larger mixed-use development planned for office, retail, and hotel uses. The 2.18-acre property boasts a prime location at the corner of W Monroe Ave (13,000 vehicles per day) and I-49 (25,000 vehicles per day), ensuring high visibility and accessibility. The building features two outdoor patios and ample parking, along with drive-thrus conveniently located at the building's end. The first floor offers approximately 5,100-27,177 square feet of space, while the second floor provides approximately 32,517 square feet. Ground floor office and retail spaces are available for those seeking 1,000-2,500 square feet. This development has received large-scale development approval, with building permits obtainable within 60 days and an anticipated occupancy date of 12 months following permit acquisition. The property's strategic location offers easy access to the Razorback Greenway Trail, is adjacent to Arvest Bank operations, and is less than a mile from JB Hunt Transport HQ. The planned development also includes a walkway to the Razorback Greenway and proximity to a retail center of approximately 15,500 square feet. The price is negotiable.

    Property Features for 101 Monument St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,301 SF
    Class
    A
    Lot Size
    94,961 SF

    HighLights

    • Class A office building in a mixed‑use development.
    • High‑traffic location at W Monroe Ave (13,000 VPD) and I‑49 (25,000 VPD).
    • Two outdoor patios and ample parking.
    • Drive‑thrus available.
    • First floor offers 5,100‑27,177 square feet; second floor offers approximately 32,517 square feet.
    • Ground floor office and retail spaces (1,000‑2,500 sq ft) available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lowell
    County
    Benton
    State
    Arkansas
    Longitude
    -94.1530156
    Latitude
    36.2538161

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    FAQs

    What type of property is this?
    Mixed-use property - Class A Office, High-Growth Area, 2,301 SF
    Where is this mixed-use property located?
    The property is located at 101 Monument St Lowell, AR.
    What are key features of this property?
    This property features: Class A office building in a mixed-use development.; High-traffic location at W Monroe Ave (13,000 VPD) and I-49 (25,000 VPD).; Two outdoor patios and ample parking.
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    101 Monument St Lowell, AR 72745
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Monument St Lowell, AR 72745
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