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    2220 E Parkway Dr Russellville, AR 72802

    Sponsored
    For Sale
    $1,650,000

    Restaurant - Russellville, AR

    Property size:
    1,834 SF
    Lot size:
    0.55 Acres
    Days on Market:
    271
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 2220 E Parkway Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    863-97001-000C
    Size
    1,834 SF
    Lot size
    0.55 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Arkansas Real Estate Collective (479) 280-1999

    Listing agent Tara Dollar Kelley (479) 280-1999

    Listing date Apr 10, 2025

    MLS# AV25-263 Listing URL

    Copyright © 2025 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Investment Opportunity in Russellville

    This property in Russellville, Arkansas, presents a double net lease opportunity. A new 5-year extension has been signed, with additional year options remaining. The restaurant was newly remodeled in 2024. The building has a living area of 1834 square feet and is situated on a 0.55-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Starbucks Coffee Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Pope
    State
    Arkansas
    Longitude
    -93.108976
    Latitude
    35.282903

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    FAQs

    What type of property is this?
    Restaurant - Restaurant for sale with a double net lease in place.
    Where is this restaurant located?
    The property is located at 2220 E Parkway Dr Russellville, AR.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - New 5 year lease extension; - Double Net Lease Opportunity; - Newly remodeled in 2024
    (479) 280-1999
    Request Owner's contact information
    2220 E Parkway Dr Russellville, AR 72802
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    Realmo Value Estimation

    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.

    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.

    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
    2220 E Parkway Dr Russellville, AR 72802
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