Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    101 Monument St Lowell, AR 72745
    Back to Search
    Property profile & analytics

    101 Monument St Lowell, AR 72745

    View on Map
    • Retail properties & Spaces
    • 2,301 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 101 Monument St

    Property size
    2,301 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    Independence Plaza offers a 2,301 square foot single-tenant executive office suite for lease in Benton County. This exceptional space is ideally situated at the corner of W Monroe Ave (14,000 vehicles per day) and I-49 (108,000 vehicles per day), ensuring high visibility and accessibility. The building is part of a planned development including office and hotel components, promising future growth and synergy within the area. The property boasts ample parking, a significant advantage for employees and clients. The building's design incorporates drive-thru capabilities at its end, offering additional flexibility for potential tenants. The entire 2,301 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity to establish a prominent presence in a high-growth area with excellent traffic counts and convenient amenities. The property type is classified as Retail and Office, making it suitable for a variety of businesses. The strategic location and ample parking make this an attractive option for businesses seeking a high-profile location with convenient access for both employees and customers. This is a single-tenant space, providing privacy and control over the entire premises. Don't miss this chance to secure a prime location in a thriving commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Benton
    State
    Arkansas
    Longitude
    -94.155
    Latitude
    36.2526

    Comparable in this City

    • Value Estimation by Request
      2,301 SF

      101 Monument St

      Mixed-use properties • 2,301 SF
      101 Monument St, Lowell, AR 72745
      View Details
    • Value Estimation by Request
      7,500 SF

      329 Bloomington St

      Life science properties • 7,500 SF
      329 Bloomington St, Lowell, AR 72745
      View Details
    • Value Estimation
      $4,570,000
      17,585 SF

      325 6th Pl

      MEDICAL BUILDING • 17,585 SF
      325 6th Pl, Lowell, AR 72745-9704
      View Details
    • Value Estimation by Request
      31,540 SF

      124 Grant Pl

      Distribution properties • 31,540 SF
      124 Grant Pl, Lowell, AR 72745
      View Details
    • Value Estimation
      $1,610,000
      9,720 SF

      507 Monroe Ave

      OFFICE BUILDING • 9,720 SF
      507 Monroe Ave, Lowell, AR 72745-8909
      View Details
    • Value Estimation
      $1,300,000
      9,871 SF

      223 Monroe Ave

      OFFICE BUILDING • 9,871 SF
      223 Monroe Ave, Lowell, AR 72745-9603
      View Details

    Similar Nearby for Sale

    • $999,999
      2,120 SF

      Prime Commercial Property on Hwy

      Commercial property with high visibility and easy access.
      926 N Bloomington St, Lowell, AR 72745
      View Details
    • $1,690,000
      8,955 SF

      Lowell Office Complex: Prime Investment

      High-traffic, fully leased office buildings.
      101 Parkwood St, Lowell, AR 72745
      View Details
    • $325,000
      2,664 SF

      Highway Frontage Commercial Property

      Commercial property with highway frontage, suitable for various businesses.
      719 Old Wire Rd, Lowell, AR 72745
      View Details
    • $4,358,200
      24,149 SF

      Two-Story Office Building For Sale

      Class B office building with conversion potential on 4.8 acres.
      200 Parkwood St, Lowell, AR 72745
      View Details
    • $2,357,520
      10,716 SF

      Lowell Industrial Building For Sale

      Industrial building in Lowell, Arkansas, available for sale.
      212 Presidential Dr, Lowell, AR 72745
      View Details
    • $10,500,000
      40,000 SF

      Lowell Commercial Property For Sale

      40,000 SF building on 4.98 acres in Lowell, Arkansas.
      519 Latham Dr, Lowell, AR 72745
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      5,325 SF

      Move-in-Ready Medical Office Building

      Turnkey medical office space in Lowell, high-visibility location.
      507 W Monroe Ave, Lowell, AR 72745
      View Details
    • $19 SF/Yr
      6,000 SF

      Lowell Office Space For Rent

      Open office space with balcony overlooking Puppy Creek.
      201 Presidential Dr, Lowell, AR 72745
      View Details
    • $26 SF/Yr
      6,600 SF

      Move-in Ready Medical Office Building

      Turnkey medical office space in Lowell, high-visibility location.
      507 W Monroe Ave, Lowell, AR 72745
      View Details
    • $29 SF/Yr
      1,275 SF

      Move-in-Ready Medical Office Building

      Turnkey medical office space in a high-visibility Lowell location.
      507 W Monroe Ave, Lowell, AR 72745
      View Details
    • Contact for pricing
      20,000 SF

      Office Buildings in Lowell, Arkansas

      Office buildings for rent in Lowell, Arkansas.
      S Goad Spring Rd, Lowell, AR 72745
      View Details
    • $13 SF/Yr
      10,716 SF

      Lowell, Arkansas Industrial Building

      Industrial building for lease with easy access to Interstate 49.
      212 Presidential Dr, Lowell, AR 72745
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 Monument St
    Lowell, AR 72745
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    101 Monument St, Lowell, AR, 72745
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!