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    903 Bloomington St Lowell, AR 72745-9672
    Property profile & analytics

    903 Bloomington St Lowell, AR 72745-9672

    View on Map
    • Strip malls
    • 10,692 SF
    • 1.99 lot acres
    Off-Market
    Property ID
    US05-2400437
    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
    $1,290,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Favorite's Dance Academy / Training Center
    • Reality Check Inc / Charitable Organization
    • CATERING CONCEPTS / Take-out & Catering / Catering Service
    • Razorback Computers / Tech Support Center / IT Consulting Firm
    • Adam's Apple Repair / Electronics & Wireless Store / Computer & Electronic Repair

    Property Details for 903 Bloomington St

    Year built
    2006
    Lot size
    1.99 lot acres
    Property size
    10,692 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    12-00009-000
    APU
    1200009000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,920,000
      Current use
      AUTO REPAIR, GARAGE
      $2,145,000
      Change: +12% Conversion: Difficult
      OFFICE BUILDING
      $1,705,000
      Change: -11% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Benton
    State
    Arkansas
    Longitude
    -94.1357
    Latitude
    36.2681
    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
    $13,674
    $70,560
    $186,470
    $257,030
    -
    $352,800
    $932,350
    $1,285,150

    Comparable in this City

    • Value Estimation
      $1,565,000
      15,900 SF

      200 Bloomington St

      SHOPPING CENTER, STRIP CENTER • 15,900 SF
      200 Bloomington St, Lowell, AR 72745-9490
      View Details
    • Value Estimation
      $950,000
      6,000 SF

      320 Bloomington St

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      320 Bloomington St, Lowell, AR 72745-9136
      View Details
    • Value Estimation
      $805,000
      4,961 SF

      105 Dixieland St

      SHOPPING CENTER, STRIP CENTER • 4,961 SF
      105 Dixieland St, Lowell, AR 72745-8655
      View Details
    • Value Estimation
      $955,000
      9,600 SF

      103 Presidential Dr

      SHOPPING CENTER, STRIP CENTER • 9,600 SF
      103 Presidential Dr, Lowell, AR 72745-9608
      View Details
    • Value Estimation
      $735,000
      6,942 SF

      514 Bloomington St

      WHOLESALE OUTLET, DISCOUNT STORE • 6,942 SF
      514 Bloomington St, Lowell, AR 72745-9668
      View Details
    • Value Estimation by Request
      7,360 SF

      1074 Pleasant Grv Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 7,360 SF
      1074 Pleasant Grv Rd, Lowell, AR 72745-4500
      View Details

    Similar Nearby for Sale

    • $2,822,000
      3.24 Acres

      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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    • $585,000
      1,104 SF

      Retail Space with High Traffic

      Commercial retail space with high traffic and business potential.
      209 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
    • $325,000
      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
    • $999,999
      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
    • $2,200,000
      10,550 SF

      New Construction Commercial Building on Highway

      New commercial building on high-traffic highway with expansion potential.
      1005 Bloomington St, Lowell, AR 72745
      View Details

    Similar Nearby for Lease

    • $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

      Retail/Showroom Space in Lowell, AR

      Retail/Showroom space with high traffic count and flexible options.
      329 N Bloomington St, Lowell, AR 72745
      View Details
    • $15 SF/Yr
      10,550 SF

      Lowell Commercial Space For Lease

      Commercial space in Lowell, AR, suitable for various businesses.
      1005 Bloomington St, Lowell, AR 72745
      View Details
    • Contact for pricing
      8,050 SF

      Retail and Warehouse Space Available

      Retail/warehouse space with high visibility and traffic count.
      329 S 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
    • $13 SF/Yr

      Lowell Industrial Building For Lease

      Industrial building in Lowell, Arkansas, with easy access to I-49.
      212 Presidential Dr, Lowell, AR 72745
      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      2.1k
    • Avg Time on site
      15 min
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    Lowell, AR 72745-9672
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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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