212 Presidential DrLowell, AR 72745

  • Office properties
  • 10,100 SF
For Lease
$14/SF/YR View listing

Property Details for 212 Presidential Dr

Lot size
0.86 AC
Property size (Sq ft)
10,100 SF
Property type
Office properties
Property subtype
Office buildings
APN
12-01298-000
APU
1201298000

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $880,436
    6.5%
    $812,710
    7%
    $754,659
  • Comparable approach

    Method
    Valuation
    Relative Method
    $722,453
    Geo Method
    $722,453
  • Alternative Use

    Use
    Valuation
    Residential
    $1,007,760
    Hospitality
    $923,103
    Educational
    $768,011
    Medical
    $794,424
    Retail
    $1,194,683
212 Presidential Dr, Lowell, Arkansas

Location Insight

City
Lowell
County
Benton
State
Arkansas
Latitude
36.2529
Longitude
-94.1338
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
$12,753
$25,920
$213,790
$239,710
-
$129,600
$1,068,950
$1,198,550

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