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Property profile & analytics
FOR LEASE
Office buildings
201 Presidential Dr, Lowell, AR 72745
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0385000
For Lease
1 / 11
$19 SF/Yr
201 Presidential Dr, Lowell, AR 72745
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
12,112 SF
Lot
1.12 ac (48,787 SF)
APN
12-01292-000
UPID
US05-0385000
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
Current use
Occupant on record · Public records
-
SMACK Artist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.83M
Owner & transaction history
Jeremiah 2911 Family LP Lllp · 20 yrs held
Jeremiah 2911 Family LP Lllp
since 2005
7 recorded transactions
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%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lowell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lowell submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,930,000
Current use
COMMERCIAL (GENERAL)
$2,475,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,430,000
Change: +26% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,175,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$151 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$15,293
Tax year 2023
Assessed value
$287,460
Assessed 2023
Previous assessed
$287,460
+0.0% YoY
Effective rate
5.32%
On assessed value
Assessed land
$29,780
Assessed improvement
$257,680
Land market value
$148,900
Improvement market value
$1,288,400
Total market value
$1,437,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2005
Heating
NONE
Cooling
NONE
Stories
2
Total area
12,112 SF
Lot
1.12 ac (48,787 SF)
APN
12-01292-000
UPID
US05-0385000
Jurisdiction
BENTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Cooling
Yes
Stories
2
Lot
1.12 ac
Current owner
From public records · entity-resolved
Jeremiah 2911 Family LP Lllp
Entity
Free & Clear · 20 yrs held
Mailing address
309 LK RD, SPRINGDALE, AR 72764-2505
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 7, 2018
—
Jeremiah 2911 Family LP Lllp
—
Loan Modification
related
$1,724,404 · Legacy Nat'l Bk
Sep 17, 2009
—
Jeremiah 2911 Family LP Lllp
—
Trustees Deed
related
$2,000,000 · Legacy National Bank
Aug 5, 2009
—
Jeremiah 2911 Family LP Lllp
—
Grant Deed
related
$2,000,000 · Legacy National Bank
Jul 23, 2007
—
Jeremiah 2911 Family LP Lllp
—
Trustees Deed
related
$875,000 · Legacy National Bank
Sep 9, 2005
—
Jeremiah 2911 Family LP Lllp
—
Trustees Deed
related
$2,000,000 · Legacy National Bank
Aug 26, 2005
—
Jeremiah 2911 Family LP Lllp
Moles Marvin E Trust
Warranty Deed
related
—
Jul 11, 2005
$1,640,000
Moles Marvin E Trust
Nsb Ents LLC
Warranty Deed
related
—
—
—
Jeremiah 2911 Family LP Lllp
—
Loan Modification
related
$1,724,404 · Legacy National Bank
—
—
Jeremiah 2911 Family LP Lllp
—
Loan Modification
related
$1,724,404 · Legacy National Bank
—
—
Jeremiah 2911 Family LP Lllp
—
Deed Of Trust
related
$1,724,404 · Legacy National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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