Mixed-Use Live-Work Commercial
For Sale
$2,500,000
103&105 Zion Church Street, Lowell, AR 72745
SINGLE_FAMILY - Lowell, AR
Property Size6,998 SF
Lot Size1.51 Acres
Price / SF$357.24
Days on Market61
Property Features for 103&105 Zion Church Street
General Information
Property type
Residential
Property subtype
Retail
Exterior features
Storage
Appliances
GasWaterHeater
Lot features
Corner Lot, City Lot, Near Golf Course
Directions
From I 49 Lowell Exit, West on 265/Monroe to Zion Church. Corner of Monroe and Zion Church.
Standard status
Active
APN
12-02445-000
Size
6,998 SF
Lot size
1.51 Acres
Taxes and HOA fees
Tax Description
PART OF THE SE1/4 OF THE SW1/4 OF SECTION 4 TOWNSHIP 18 NORTH, RANGE 30 WEST, DESCRIBED AS FOLLOWS: BEGINNING AT THE SW CORNER OF SAID 40 ACRES, RUNNING THENCE NORTH 313.89 FEET, THENCE EAST 208.89 FEET, THENCE SOUTH 313.89 FEET, THENCE WEST 208.89 F EET
Tax Annual Amount
7691
Legal Description
PART OF THE SE1/4 OF THE SW1/4 OF SECTION 4 TOWNSHIP 18 NORTH, RANGE 30 WEST, DESCRIBED AS FOLLOWS: BEGINNING AT THE SW CORNER OF SAID 40 ACRES, RUNNING THENCE NORTH 313.89 FEET, THENCE EAST 208.89 FEET, THENCE SOUTH 313.89 FEET, THENCE WEST 208.89 F EET
Utilities
Sewer type
Septic Tank
Water source
Well
Building Details
Year built
1971
Additional Structures
Storage
Listing Agency:
Starfish Co Real Estate NWA
(479) 402-2929
Listed By:
Shelly Haynes · License #PB00085289
(479) 586-0124
Added: Jun 12
Last Checked: Aug 11 at 10:06PM
MLS# 1351145
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 mixed-use property combines multiple components on one site, including over 4,000 square feet of remodeled retail, event, or gathering space; a 2,400 square foot warehouse; and a separate fully remodeled residence. The commercial portion supports adaptable programming such as retail, office, meeting and training space, showroom, wellness use, and event or gathering operations. The residence adds flexibility for owner occupancy, guest accommodations, employee housing, or potential income use. The seller will consider selling the retail and warehouse separately from the residence; however, the residence will not be sold separately from the overall commercial property. Buyer to verify all measurements, zoning, and permitted uses.
The property is located at 103&105 Zion Church Street in Lowell, Arkansas (Benton County). The site totals 1.51 acres, providing room for both commercial operations and residential use within the same footprint.
For tenants, buyers, or operators seeking a property that can support both commercial activity and optional residential or live-work occupancy, this configuration offers practical versatility. The included warehouse can serve storage, distribution, workshop, or other operational needs alongside the remodeled retail and event space, while the residence provides additional flexibility for on-site living or accommodation options.
The property is located at 103&105 Zion Church Street in Lowell, Arkansas (Benton County). The site totals 1.51 acres, providing room for both commercial operations and residential use within the same footprint.
For tenants, buyers, or operators seeking a property that can support both commercial activity and optional residential or live-work occupancy, this configuration offers practical versatility. The included warehouse can serve storage, distribution, workshop, or other operational needs alongside the remodeled retail and event space, while the residence provides additional flexibility for on-site living or accommodation options.
Key Highlights
- Over 4,000 SF remodeled retail/event/gathering space for flexible commercial and meeting uses.
- 2,400 SF warehouse included, providing additional operational/storage/workshop/distribution space.
- Separate fully remodeled residence on the property for owner occupancy, guest stays, or employee housing.
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
$79,610
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
3.18%
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%
$1,592,200
$1.6M
Cap Rate 7%
$1,137,286
$1.1M
Cap Rate 9%
$884,556
$884.6K
Market Conditions
NOI Build-Up for 6,998 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
$121.8K $17.40/SF
− Vacancy
−$8.0K −$1.15/SF
EGI
$113.7K $16.25/SF
− OpEx
−$34.1K −$4.88/SF
NOI
$79.6K $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 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%
$1,592,200
Cap Rate 7%
$1,137,286
Cap Rate 9%
$884,556
Alternative Uses
Best Use
Retail
$1.14M
$995.1K – $1.33M
NOI $79,610 @ 7.0% cap · market cap 3.18%
Second Best
Flex RnD
$1.01M
$886.5K – $1.18M
NOI $70,916 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,617 @ 7.0% cap · market cap 5.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Well-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 - Remodeled retail and event space plus an attached warehouse and residence, offering flexible live-work or operational use.
Where is this flex space located?
The property is located at 103&105 Zion Church Street Lowell, AR.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Over 4,000 SF remodeled retail/event/gathering space for flexible commercial and meeting uses.; 2,400 SF warehouse included, providing additional operational/storage/workshop/distribution space.; Separate fully remodeled residence on the property for owner occupancy, guest stays, or employee housing.
