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    116 Monroe Ave Lowell, AR 72745-9682

    • Medical offices
    • 3,484 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $760,000
    Last Sale
    Aug 31, 2021
    $750,000
    Location Intelligence
    Property ID
    US05-0029699
    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.

    Current Use by Public Records

    • Joe A. Bushong, PA / Physician Assistant
    • Northwest Arkansas Gastroenterology / Medical Clinic
    • New Smile Family Dentistry / Cosmetic Dentist / Dentist
    • New Smile Family Dentistry - Dr Matthew Reith DDS PLLC / Dentist

    Property Details for 116 Monroe Ave

    Year built
    2003
    Lot size
    0.78 lot acres
    Property size
    3,484 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    12-00225-000
    APU
    1200225000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $670,000
      6.5%
      $665,000
      7%
      $725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $670,000
      Geo Method
      $595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $610,000
      Retail
      $690,000
      Mixed-Use
      $640,000
      Hospitality
      $750,000
      Educational
      $610,000
      Residential Income
      $690,000
      Energy
      $775,000
      Income-Based Land
      $715,000
      Food Service
      $630,000

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Benton
    State
    Arkansas
    Longitude
    -94.1387
    Latitude
    36.2545
    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
    $6,877
    $30,420
    $98,850
    $129,270
    -
    $152,100
    $494,250
    $646,350

    Comparable in this City

    • Value Estimation
      $5,185,000
      40,000 SF

      519 Latham Dr

      MEDICAL BUILDING • 40,000 SF
      519 Latham Dr, Lowell, AR 72745-8360
      View Details
    • Value Estimation
      $3,765,000
      11,220 SF

      101 Grant Pl

      MEDICAL BUILDING • 11,220 SF
      101 Grant Pl, Lowell, AR 72745-7103
      View Details
    • Value Estimation
      $2,500,000
      12,223 SF

      212 Lincoln St

      MEDICAL BUILDING • 12,223 SF
      212 Lincoln St, Lowell, AR 72745-9782
      View Details
    • Value Estimation
      $440,000
      3,414 SF

      125 Presidential Dr

      MEDICAL BUILDING • 3,414 SF
      125 Presidential Dr, Lowell, AR 72745-9608
      View Details
    • Value Estimation
      $1,580,000
      4,096 SF

      212 Monroe Ave

      MEDICAL BUILDING • 4,096 SF
      212 Monroe Ave, Lowell, AR 72745-9451
      View Details
    • Value Estimation by Request
      1,104 SF

      209 Bloomington St

      OFFICE BUILDING • 1,104 SF
      209 Bloomington St, Lowell, AR 72745-9103
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,600 SF

      Move-in Ready Medical Office Building

      Turnkey medical office building in Lowell, Arkansas.
      507 W Monroe Ave, Lowell, AR 72745
      View Details
    • Contact for pricing
      5,325 SF

      Move-in Ready Medical Office Building

      Turnkey medical office in central, high-visibility Lowell location.
      507 W Monroe Ave, Lowell, AR 72745
      View Details
    • Contact for pricing
      1,275 SF

      Move-in Ready Medical Office Building

      Turnkey medical office building in Lowell, excellent accessibility and visibility.
      507 W Monroe Ave, Lowell, AR 72745
      View Details
    • Contact for pricing
      2,301 SF

      Lowell, AR Executive Office Space

      Class A Office, High-Growth Area, 2,301 SF
      101 Monument St, Lowell, AR 72745
      View Details
    • $10,500,000
      40,000 SF

      Renovated Office Building in Lowell

      40,000 SF office building in a growing Arkansas market.
      519 Latham Dr, Lowell, AR 72745
      View Details
    • $2,357,520
      10,716 SF

      Lowell Warehouse For Sale

      Industrial building in Lowell, Arkansas, with easy access to I-49.
      212 Presidential Dr, Lowell, AR 72745
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    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Office Buildings in Lowell, Arkansas

      Office buildings for rent in Lowell, Arkansas.
      S Goad Springs St, Lowell, AR 72745
      View Details
    • $19 SF/Yr
      48,000 SF

      620 Bloomington St

      Distribution properties • 48,000 SF
      620 Bloomington St, Lowell, AR 72745
      View Details
    • $14 SF/Yr
      2,809 SF

      Retail Space in Lowell, Arkansas

      Retail space available for lease in Lowell, Arkansas.
      106 N Bloomington St, Lowell, AR 72745
      View Details
    • $6 SF/Yr
      88,400 SF

      Lowell Warehouse with Office Space

      88,400 SF warehouse with office and storage space available.
      419 S Lincoln St, Lowell, AR 72745
      View Details
    • $16 SF/Yr
      50,000 SF

      4,154 SF Flex Space Available

      Flex development space available for lease October 1st.
      264 Grant Pkwy & Hwy, Lowell, AR 72745
      View Details
    • $14 SF/Yr
      38,700 SF

      Lowell Warehouse Space Available

      38,700 SF warehouse space for lease in Lowell.
      N Dixieland St, Lowell, AR 72745
      View Details
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    116 Monroe Ave
    Lowell, AR 72745-9682
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    Realmo Value Estimation

    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.

    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.

    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
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