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    722 Bloomington St Lowell, AR 72745-9106
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    Property profile & analytics

    722 Bloomington St, Lowell, AR 72745-9106

    View on Map
    • Retail space
    • 9,000 SF
    • 3.99 lot acres
    Off-Market
    Last Sale Dec 2, 2020
    $600,000
    Property ID
    US05-0150153
    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.
    Value Estimations
    $620,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • GOAT Lab Brewery / Production Facility / Brewery & Distillery
    • Homestead Iglesia Cristiana Cristo Te Ama / Church

    Property Details for 722 Bloomington St

    Lot size
    3.99 lot acres
    Property type
    Retail space
    APN
    12-00257-000
    APU
    1200257000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 2, 2020 — Adams Family Trust William W Adams Quit Claim Deed · related —
    Nov 19, 2013 $600,000 Rr In Arkansas LLC Commissioner Of Benton County Trustees Deed —
    May 13, 2010 $825,000 Ciudad Derefugio Y Res Iglesia Aztec Management INC Warranty Deed —
    Aug 10, 2007 — Aztec Management INC — Trustees Deed · related $100k · Signature Bank Ar
    Mar 6, 2007 — Aztec Management INC — Trustees Deed · related $75k · Signature Bank Ar
    Dec 27, 2006 $950,000 Aztec Management INC Wright Family Trust Warranty Deed $808k · Signature Bank Ar
    — — Aztec Management INC — Deed Of Trust · related $100k · Signature Bank Ar

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $640,000
      ML approach
      $640,000

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $970,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Benton
    State
    Arkansas
    Longitude
    -94.1379
    Latitude
    36.2419
    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
    $10,705
    $106,110
    $95,110
    $201,220
    -
    $530,550
    $475,550
    $1,006,100

    Comparable in this City

    • Value Estimation
      $1,755,000
      1,343 SF

      105 Bloomington St

      RETAIL STORES (PERSONAL SERVICES)
      105 Bloomington St, Lowell, AR 72745-9658
      View Details
    • Value Estimation
      $1,295,000
      13,918 SF

      317 Commercial Ave

      RETAIL STORES (PERSONAL SERVICES)
      317 Commercial Ave, Lowell, AR 72745-8881
      View Details
    • Value Estimation by Request
      2,120 SF

      926 Bloomington St

      RETAIL STORES (PERSONAL SERVICES)
      926 Bloomington St, Lowell, AR 72745-9672
      View Details
    • Value Estimation
      $565,000
      10,330 SF

      1005 Bloomington St

      RETAIL STORES (PERSONAL SERVICES)
      1005 Bloomington St, Lowell, AR 72745-9671
      View Details
    • Value Estimation
      $11,660,000
      115,043 SF

      801 Metro Pl

      RETAIL STORES (PERSONAL SERVICES)
      801 Metro Pl, Lowell, AR 72745-6009
      View Details
    • Value Estimation by Request
      2,800 SF

      1004 Bloomington St

      RETAIL STORES (PERSONAL SERVICES)
      1004 Bloomington St, Lowell, AR 72745
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,104 SF

      Retail Space with High Traffic

      Commercial retail space with high traffic and business potential.
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    • $2,200,000
      10,550 SF

      New Construction Commercial Building on Highway

      New commercial building on high-traffic highway with expansion potential.
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    • $2,822,000
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      Lowell Land Near JB Hunt

      3.24 acre C-2 zoned parcel near I-49 and JB Hunt.
      319 W Monroe Ave, Lowell, AR 72745
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    • Contact for pricing
      2,120 SF

      Prime Commercial Property on Hwy

      Commercial property with high visibility and easy access.
      926 N Bloomington St, Lowell, AR 72745
      View Details
    • $120,000
      0.33 Acres

      Commercial Land on Dixieland Road

      0.33 acres with high traffic, ideal for drive-thru business.
      333 N Dixieland Rd, Lowell, AR 72745
      View Details
    • Contact for pricing
      2,664 SF

      Highway Frontage Commercial Property

      Commercial property with highway frontage, suitable for various businesses.
      719 Old Wire Rd, Lowell, AR 72745
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,301 SF

      Retail Space in High-Growth Area

      Retail space available in a high-growth area with ample parking.
      101 Monument St, Lowell, AR 72745
      View Details
    • Contact for pricing

      Lowell Office/Retail Space Available

      Modern office/retail space in Lowell, Arkansas, near Bloomington Street.
      225 N Bloomington St, Lowell, AR 72745
      View Details
    • $1.00 SF/Yr
      931 SF

      Lowell Retail Space For Lease

      Versatile commercial space in high-traffic Lowell business strip center.
      324 N Bloomington St, Lowell, AR 72745
      View Details
    • New
      $15 SF/Yr
      2,100 SF

      Flex Industrial Suite with Roll-Up Doors

      Multi-section flex/industrial building with 12' roll-up doors and road frontage in Lowell.
      1005 Bloomington St, Lowell, AR 72745
      View Details
    • $20 SF/Yr
      8,050 SF

      Lowell Retail/Warehouse Space Available

      Retail and warehouse space with high traffic count in Lowell.
      329 Bloomington St, Lowell, AR 72745
      View Details
    • Contact for pricing
      931 SF

      Lowell Retail/Commercial Space For Lease

      Versatile commercial space in high-traffic Lowell business center.
      324 N Bloomington St, Lowell, AR 72745
      View Details
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    Lowell, AR 72745-9106
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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