106 Parkwood St, Lowell, AR 72745-8807
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.