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    Property profile & analytics
    OFF-MARKET Estimated value $1,535,000
    Office buildings

    106 Parkwood St, Lowell, AR 72745-8807

    12,180 SF 1.06 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US05-0019434
    Property summary
    AI-generated overview

    This exceptional single-story office building, encompassing 12,180 square feet, is situated on a 1.07-acre lot in the thriving city of Lowell, Arkansas. The property underwent a complete renovation in 2018, specifically designed to optimize functionality for a single tenant. The updated layout features four convenient access points, enhancing both accessibility and security. Its strategic location near the intersection of W Monroe Avenue and Highway 71B provides unparalleled convenience, with easy access to a variety of retail amenities. The building's proximity to the J.B. Hunt Transport corporate offices further underscores its desirability for businesses seeking a prominent location within a robust commercial environment. The property is offered at $2,378,200 and showings are by appointment only, Monday through Friday, between 8:00 AM and 4:00 PM. A 48-hour notice is required for all appointments. This presents a rare opportunity to acquire a well-maintained, strategically located office building in a rapidly growing area. The modern design and convenient access points make this property ideal for a variety of office uses. Don't miss this chance to secure a prime commercial asset in Lowell, Arkansas.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Total area 12,180 SF
    Lot 1.06 ac (46,174 SF)
    APN 12-01287-000
    UPID US05-0019434
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.79M
    Blend (final) Blend
    $1.54M
    Owner & transaction history
    Gre Collective LLC · 1 yrs held
    Gre Collective LLC
    since 2025
    2 recorded transactions
    2025
    $1.8M
    2004
    $1.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $2.5M +28.3%
    Auto repair, garage $2.4M +25.9%
    Neighborhood: shopping center $2.2M +12.6%
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