Monroe Ave Lowell, AR 72745
- Commercial real estate
- 91,400 SF
- 8.58 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Monroe Ave
- Year built
- 2024
- Lot size
- 8.58 lot acres
- Property size
- 91,400 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a thriving self-storage facility located on . W Monroe Avenue in Lowell, Arkansas. Boasting a substantial 91,400 square feet on an 8.58-acre lot, this property offers a diverse range of storage solutions. The facility comprises 348 climate-controlled units, catering to sensitive items requiring temperature regulation, and 343 dry units for general storage needs. Further enhancing its income potential, the property includes 75 RV/trailer parking spaces, addressing a growing demand in the area. The strategic location provides easy access to I-49, ensuring convenient access for customers throughout Northwest Arkansas. A significant advantage is the planned construction of 200 townhomes adjacent to the property, creating a built-in customer base and driving future demand. This presents a unique opportunity to capitalize on the growing population and economic activity in Northwest Arkansas. The asking price for this exceptional property is $15,500,000. This is a rare chance to acquire a well-established, high-performing self-storage facility with significant future growth potential. The combination of ample unit types, convenient location, and the upcoming residential development makes this a truly compelling investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lowell
- County
- Benton
- State
- Arkansas
- Longitude
- -94.1372
- Latitude
- 36.2541
