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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Flex space
305 Commercial Ave, Lowell, AR 72745-8881
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US05-0313115
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
2008
Total area
18,000 SF
Lot
2.17 ac (94,525 SF)
APN
12-02399-000
UPID
US05-0313115
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
-
Culligan of Northwest Arkansas Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$957k
Blend (final)
Blend
$1.00M
Owner & transaction history
Crh Ltd Co · 19 yrs held
Crh Ltd Co
since 2006
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+176.2%
Auto repair, garage
$1.6M
+174.6%
Medical building
$1.5M
+166.1%
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%
$1,130,000
6.5%
$1,040,000
7%
$970,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,580,000
Change: +176% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,570,000
Change: +175% · Conversion: Easy
MEDICAL BUILDING
$1,525,000
Change: +166% · Conversion: Difficult
OFFICE BUILDING
$1,365,000
Change: +139% · Conversion: Difficult
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±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
$56 / 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
$14,808
Tax year 2023
Assessed value
$278,350
Assessed 2023
Previous assessed
$278,350
+0.0% YoY
Effective rate
5.32%
On assessed value
Assessed land
$43,090
Assessed improvement
$235,260
Land market value
$215,450
Improvement market value
$1,176,300
Total market value
$1,391,750
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
2008
Heating
NONE
Cooling
NONE
Stories
1
Total area
18,000 SF
Lot
2.17 ac (94,525 SF)
APN
12-02399-000
UPID
US05-0313115
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
COMMERCIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
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
2008
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.17 ac
Current owner
From public records · entity-resolved
Crh Ltd Co
Entity
Free & Clear · 19 yrs held
Mailing address
10821 E 26TH ST N, WICHITA, KS 67226-4524
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2018
—
Crh Lc
—
Loan Modification
related
$106,530,000 · Intrust Bk
Feb 25, 2008
—
Crh Lc
—
Trustees Deed
related
$1,500,000 · Intrust Bank NA
Oct 31, 2006
$290,000
Crh Ltd Co
Horn,lee R & Mary
Warranty Deed
—
Mar 21, 2005
$491,000
Lee R Horn
Firebird
Warranty Deed
—
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.
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