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    FOR LEASE
    Office buildings

    212 Presidential Dr, Lowell, AR 72745

    10,100 SF 0.86 ac lot
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US05-1646911
    Property summary
    AI-generated overview

    This 10,716-square-foot single-tenant warehouse is available for lease at 212 Presidential Drive, Lowell, Arkansas, zip code 72745. The property offers convenient access to Interstate 49, providing seamless connectivity to regional transportation networks. Its strategic location also benefits from the proximity to the burgeoning growth along Highway 71B, which includes significant retail and housing developments. This prime location ensures high visibility and easy access to major service corridors. The building's advantageous position is further enhanced by its close proximity to the J.B. Hunt Transport corporate campus. The warehouse itself boasts a functional layout, including two roll-up doors and two dock doors for efficient loading and unloading. In addition to ample warehouse space, the property includes dedicated office space, providing a comfortable and productive environment for administrative tasks. The office area features several well-appointed conference rooms and additional offices, along with a second-floor landing. This combination of warehouse and office space makes it ideal for a variety of businesses seeking a functional and strategically located facility. The entire 10,716 square feet is currently vacant and ready for immediate occupancy.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Total area 10,100 SF
    Lot 0.86 ac (37,462 SF)
    APN 12-01298-000
    UPID US05-1646911
    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
    • avad3 Event Production IT Consulting Firm Tech Support Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.64M
    CAP Approach CAP
    $2.57M
    Comparable Approach Comparable
    $2.15M
    Blend (final) Blend
    $2.35M
    Owner & transaction history
    C&z Properties LLC · 2 yrs held
    C&z Properties LLC
    since 2023
    Last sale
    $2.1M
    7 recorded transactions
    2023
    $2.1M
    2023
    2017
    2017
    $133,000
    2017
    2015
    $210,000
    2011
    $391,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $3.6M +121.0%
    Apartment house (5+ units) $3.4M +109.6%
    Medical building $2.8M +71.6%
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    More about this property
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