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121 N Bloomington Rd

1,500 SF Retail Building Lowell, AR 72745 $1,350,000 ($900/SF)

Investment Highlights

  • Highway frontage.

Executive Summary

Fabulous Development parcel, located in the Redevelopment District 1, Lowell. Zoned C-2 Thoroughfare Commercial. Fronting on the East side of N Bloomington St, just north of W Monroe Ave (Hwy 264), with average traffic counts of 20,000 vehicles per day. This is a prime investment opportunity with strong demand for Office, Retail or Light Industrial Uses, in an area of high growth and fronting on a major arterial North/South road. The cleared, level property and building is currently leased on a month-to-month basis to a used car lot. The tenant will be out before closing, if desired. All utilities are already onsite. The City of Lowell is known to be conducive to development and this is a home run opportunity. Listing agent must set up and accompany on-site visits, call, text or email either agent for more information.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,500 SF
Building Class
C
Year Built
1985
Price
$1,350,000
Price Per SF
$900
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.11 AC
Zoning
C-2 - Thoroughfare Commercial
Parking
12 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
127 FT on Us-71-br Hwy

Amenities

  • Bus Line
  • Freeway Visibility
  • Signage

Nearby Major Retailers

Anytime Fitness
7 Brew Coffee

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-00105-000
Land Assessment
$111,874
Improvements Assessment
$28,404
Total Assessment
$140,278
  • Listing ID: 33883742

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 121 N Bloomington Rd, Lowell, AR 72745

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