Highway Commercial
For Sale
$525,000
2807 N Arkansas Avenue, Russellville, AR 72802
CommercialSale, Russellville, AR
Property Size4,916 SF
Lot Size1.70 Acres
Price / SF$106.79
Days on Market243
Property Features for 2807 N Arkansas Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Lot features
City Lot
Directions
From I-40 head N on Hwy 7 and property will be on your left.
Standard status
Active
APN
902-30526-000C
Size
4,916 SF
Lot size
1.70 Acres
Taxes and HOA fees
Tax Description
PT S1/2 S1/2 SE SE CITY OF RUSSELLVILLE
Tax Annual Amount
3187
Legal Description
PT S1/2 S1/2 SE SE CITY OF RUSSELLVILLE
Building Details
Year built
1991
Listing Agency:
Lindsey & Associates Inc
(479) 521-6611
Listed By:
Brandon Rausch · License #SA00094802
(479) 380-8960
Added: Dec 24, 2025
Changed: Aug 19
Last Checked: Aug 24 at 7:06PM
MLS# 1331410
Copyright © 2026 ArkansasONE MLS. 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.
This 1.7 +/- acre commercial land parcel carries C2 Highway Commercial zoning and includes an existing 4,916-square-foot structure. The building was constructed in 1991, providing an established improvement within the larger land offering.
The property fronts Highway 7 at 2807 N Arkansas Avenue in Russellville, Arkansas, along a commercial corridor identified in the source information as one of the area’s busiest. Its highway frontage and existing building create a combination of land and improvements for commercial redevelopment or repositioning.
The property fronts Highway 7 at 2807 N Arkansas Avenue in Russellville, Arkansas, along a commercial corridor identified in the source information as one of the area’s busiest. Its highway frontage and existing building create a combination of land and improvements for commercial redevelopment or repositioning.
Key Highlights
- 1.7 +/- acres of C2 Highway Commercial property
- 4,916‑square‑foot existing structure on site
- Highway 7 frontage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,354
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$887,080
$887.1K
Cap Rate 7%
$633,629
$633.6K
Cap Rate 9%
$492,822
$492.8K
Market Conditions
NOI Build-Up for 4,916 SF
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.
Gross rent
$67.8K $13.80/SF
− Vacancy
−$4.5K −$0.91/SF
EGI
$63.4K $12.89/SF
− OpEx
−$19.0K −$3.87/SF
NOI
$44.4K $9.02/SF
Area
Pope County, AR
Vacancy
6.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$887,080
Cap Rate 7%
$633,629
Cap Rate 9%
$492,822
Alternative Uses
Best Use
Retail
$633.6K
$554.4K – $739.2K
NOI $44,354 @ 7.0% cap · market cap 8.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$785.4K
$687.3K – $916.4K
NOI $54,981 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
133k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 42%
Hotels & Casinos 14%
Phillips 66
Shops & Services
23,094 visits/mo
0.3 miles
Cracker Barrel Old Country Store
Dining
18,717 visits/mo
0.5 miles
Exxon
Shops & Services
16,087 visits/mo
0.3 miles
Burger King
Dining
12,830 visits/mo
0.4 miles
Dollar General
Shops & Services
11,074 visits/mo
0.1 miles
Demographics for 72802, AR
22,752
Population
9,687
Households
2.3
Avg Household Size
39
Median Age
32%
College-Educated
90%
High-School Grad
137.7 sq mi
ZIP Area
165
Density / Sq Mi
$61,664
Median Household Income
$37,206
Median Earnings
$887
Median Rent
$196,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - C2-zoned commercial land with an existing structure and direct highway frontage in Russellville.
Where is this commercial land located?
The property is located at 2807 N Arkansas Avenue Russellville, AR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1.7 +/- acres of C2 Highway Commercial property; 4,916‑square‑foot existing structure on site; Highway 7 frontage
