West Russellville Commercial
2621 W Main Street Russellville, AR 72801
2621 W Main Street, Russellville, AR, 72801
$1,200,000
For Sale
$1,200,000
COMMERCIAL - Russellville, AR
Property Size12,400 SF
Lot Size0.87 Acres
Price / SF$96.77
Days on Market356
Property Features for 2621 W Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 853-00104-000C
- Size
- 12,400 SF
- Lot size
- 0.87 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 06-07N-20W
- Tax Annual Amount
- 5010
Building Details
- Year built
- 1981
- Floors in Building
- 1
Listing Agency
River Valley Realty, Inc.
(479) 968-6260
800 E Main, Russellville, AR
Listed by
Chris Abington · License #PB00051512
(479) 264-1195
Added: Jul 29, 2025 Checked: Jul 19 at 1:06 pm
MLS# 25030064
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the heart of West Russellville's dense medical and professional office corridor, this well-maintained commercial complex offers a rare opportunity for both investors and owner-occupants. The property, with a size of 12400 square feet, features multiple established tenants, ample lighted parking, and flexible suite configurations ideal for a variety of professional, medical, or business uses. The lot size is 0.87 acres. Surrounded by high-traffic offices, clinics, and service providers, the location offers excellent visibility and accessibility. Whether you're looking to occupy a portion for your own practice or business while generating income from existing leases, or to add a stable asset to your commercial portfolio, this property delivers long-term value and potential.
Key Highlights
- Prime location in West Russellville's medical and professional office corridor.
- Substantial 12,000+ sq ft commercial complex.
- Opportunity for both investors and owner‑occupants.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.0k | $15.00 |
| − Vacancy | −$2.8k | −$0.23 |
| EGI | $183.2k | $14.78 |
| − OpEx | −$73.3k | −$5.91 |
| NOI | $109.9k | $8.87 |
12,400 SF · lease $15.00/SF/yr · vacancy 1.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.57M
$1.37M – $1.83M
NOI $109,926 @ 7.0% cap · market cap 9.16%
Second Best
Office B
$1.56M
$1.37M – $1.82M
NOI $109,212 @ 7.0% cap · market cap 9.10%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,682 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chenal Family Therapy ...
Crisis Center
Sage Studio Salon
Alternative Medicine Practice
Angelica’s Artistry
Spa & Massage Center
Leighessa Wohlford Realtor ...
Real Estate Agency
LuLu's Nail Bar
Nail Salon
Similar For Sale Nearby
Similar Off Market Nearby
- Arkansas Animal Care Clinic — 4003 W Main St, Russellville, AR 72801
- Arkansas Animal Care Clinic: Tena J Spencer, DVM — 4003 W Main St, Russellville, AR 72801
FAQs
What type of property is this?
Medical Office Space - Well-maintained commercial complex in a high-traffic medical corridor.
Where is this medical office space located?
The property is located at 2621 W Main Street Russellville, AR.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime location in West Russellville's medical and professional office corridor.; Substantial 12,000+ sq ft commercial complex.; Opportunity for both investors and owner‑occupants.
