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519 Latham Dr 40,000 SF Office Building Lowell, AR 72745 $14,472,465 CAD ($361.81 CAD/SF)
INVESTMENT HIGHLIGHTS
- Two floors
- Easy access from Interstate 49 and 71B
- Utilized for daycare and school programming
- Completely remodeled in 2023 with new interior finishes
- Large Outdoor Playground
EXECUTIVE SUMMARY
Two-Story, Fully Renovated Building. Centrally located within Northwest Arkansas, the property consists of a 40,000 square foot building located on +/- 4.98 acres. The building was constructed in 2006 and the interior was recently renovated in 2023. 519 Latham Drive is a part of the heavily trafficked Lowell submarket bordered by
J.B. Hunt Transport corporate headquarters and dense multifamily and residential neighborhoods with an average income of $120,000. Lowell has historically
served as the home of J.B. Hunt Transport with its proximity to the Walmart Home Office, Tyson Foods and other major suppliers. The property is located in Northwest Arkansas’ fastest-growing markets situated between new multimillion dollar projects including the future Springdale Northern Bypass, J.B. Hunt Transport expansion, Pure Lowell Apartments and many national retail brands.
J.B. Hunt Transport corporate headquarters and dense multifamily and residential neighborhoods with an average income of $120,000. Lowell has historically
served as the home of J.B. Hunt Transport with its proximity to the Walmart Home Office, Tyson Foods and other major suppliers. The property is located in Northwest Arkansas’ fastest-growing markets situated between new multimillion dollar projects including the future Springdale Northern Bypass, J.B. Hunt Transport expansion, Pure Lowell Apartments and many national retail brands.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
40,000 SF
Building Class
A
Year Built/Renovated
2006/2023
Price
$14,472,465 CAD
Price Per SF
$361.81 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
20,000 SF
Building FAR
0.18
Lot Size
4.98 AC
Zoning
C - Commercial
Parking
149 Spaces (3.73 Spaces per 1,000 SF Leased)
AMENITIES
- Monument Signage
- Outdoor Seating
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PROPERTY TAXES
| Parcel Number | 12-02018-000 | Improvements Assessment | $1,149,320 CAD |
| Land Assessment | $349,212 CAD | Total Assessment | $1,498,532 CAD |
PROPERTY TAXES
Parcel Number
12-02018-000
Land Assessment
$349,212 CAD
Improvements Assessment
$1,149,320 CAD
Total Assessment
$1,498,532 CAD
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519 Latham Dr
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