Three-Story Medical
For Sale
$12,000,000
101 Skyline Drive, Russellville, AR 72801
Commercially zoned healthcare facility with an established medical tenant and purpose-built clinical layout.
Property Size47,403 SF
Days on Market12
Property Features for 101 Skyline Drive
General Information
Standard status
Active
Size
47,403 SF
Taxes and HOA fees
Annual Taxes
$35,104
Building Details
Building Size
47,403 SF
Year Built
2014
Tenancy
Single
Listing Agency:
Arkansas Real Estate Collective
Listed By:
Chris Becnel
(501) 908-2448
Source:
1percentlistsarkansas
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 24 at 6:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arkansas Real Estate Collective
Investment Insights
Based on property information with market context.
This three-story medical center at 101 Skyline Drive in Russellville, Arkansas, was constructed in 2014 and is currently used as a multi-specialty medical clinic. The facility features a professional medical-office configuration with sheet rock and vinyl interior finishes, plus brick and stucco exterior construction on a slab foundation. Paved site improvements and 3.54 acres are included.
The property is zoned Commercial and is positioned in a high-traffic, high-visibility setting. The offering includes the real estate, buildings, and land only; the medical practice operating from the property is not part of the sale. An existing tenant remains in place.
The property is zoned Commercial and is positioned in a high-traffic, high-visibility setting. The offering includes the real estate, buildings, and land only; the medical practice operating from the property is not part of the sale. An existing tenant remains in place.
Key Highlights
- Three‑story medical center constructed in 2014
- Currently occupied by a multi‑specialty medical clinic
- Commercial zoning
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
$420,228
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
3.50%
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%
$8,404,560
$8.4M
Cap Rate 7%
$6,003,257
$6.0M
Cap Rate 9%
$4,669,200
$4.7M
Market Conditions
NOI Build-Up for 47,403 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
$711.0K $15.00/SF
− Vacancy
−$10.7K −$0.23/SF
EGI
$700.4K $14.78/SF
− OpEx
−$280.2K −$5.91/SF
NOI
$420.2K $8.87/SF
Area
Pope County, AR
Vacancy
1.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
40.00%
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%
$8,404,560
Cap Rate 7%
$6,003,257
Cap Rate 9%
$4,669,200
Alternative Uses
Best Use
Healthcare Medical
$6.00M
$5.25M – $7.00M
NOI $420,228 @ 7.0% cap · market cap 3.50%
Second Best
Office B
$5.96M
$5.22M – $6.96M
NOI $417,497 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$7.57M
$6.63M – $8.84M
NOI $530,155 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Explore this area
Business Placement
Demographics for 72801, AR
18,510
Population
7,530
Households
2.5
Avg Household Size
29
Median Age
26%
College-Educated
82%
High-School Grad
8.0 sq mi
ZIP Area
2,314
Density / Sq Mi
$42,363
Median Household Income
$22,473
Median Earnings
$837
Median Rent
$153,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office 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?
Medical center - Commercially zoned healthcare facility with an established medical tenant and purpose-built clinical layout.
Where is this medical center located?
The property is located at 101 Skyline Drive Russellville, AR.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Three‑story medical center constructed in 2014; Currently occupied by a multi‑specialty medical clinic; Commercial zoning
