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    106 Parkwood St Lowell, AR 72745-8807
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    Property profile & analytics

    106 Parkwood St Lowell, AR 72745-8807


    • Office buildings
    • 12,180 SF
    • 1.06 lot acres
    Off-Market
    Property ID
    US05-0019434
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,535,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 106 Parkwood St

    Lot size
    1.06 lot acres
    Property size
    12,180 SF
    Property type
    Office buildings
    APN
    12-01287-000
    APU
    1201287000

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,788,000
      Market price range: $1.12M - $2.88M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,940,000
      Current use
      COMMERCIAL (GENERAL)
      $2,490,000
      Change: +28% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,445,000
      Change: +26% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,185,000
      Change: +13% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Benton
    State
    Arkansas
    Longitude
    -94.1388
    Latitude
    36.2532
    CBSA code
    22220
    CBSA name
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,606
    $37,580
    $161,790
    $199,370
    -
    $187,900
    $808,950
    $996,850
    More about this property
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