Purpose-Built Medical Office
For Sale
$12,000,000
101 Skyline Drive, Russellville, AR 72801
CommercialSale, Russellville, AR
Property Size47,403 SF
Lot Size3.54 Acres
Price / SF$253.15
Days on Market54
Property Features for 101 Skyline Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Security features
Security
Lot features
Business Park, City Lot
Directions
From downtown Russellville, travel west on Main Street (US-64). Turn south onto Skyline Drive and continue to 101 Skyline Drive. Property will be on your right. W Main St/US-64 to Skyline Dr. South on Skyline Dr to 101 Skyline Dr. Property on right.
Standard status
Active
APN
853-00048-000C
Size
47,403 SF
Lot size
3.54 Acres
Taxes and HOA fees
Tax Description
PT NE SW .96AC & PT SE NW 2.57 TRACT 1 CITY OF RUSSELLVILLE
Tax Annual Amount
35104
Legal Description
PT NE SW .96AC & PT SE NW 2.57 TRACT 1 CITY OF RUSSELLVILLE
Building Details
Year built
2014
Floors in Building
3
Flooring type
Vinyl
Listing Agency:
Arkansas Real Estate Collective
(479) 280-1999
Listed By:
Chris Becnel · License #SA00085565
(501) 908-2448
Added: Sep 14
Changed: Oct 22
Last Checked: Nov 6 at 11:06AM
MLS# 1361173
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.
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Investment Insights
Based on property information with market context.
This 47,403-square-foot medical office property was constructed in 2014 and is currently configured for a multi-specialty medical clinic. The building includes vinyl flooring and a dedicated parking lot, providing a functional setting for healthcare and professional office operations. The offering consists of the real estate, including the buildings and 3.54 acres of land; the medical practice operating from the property is excluded from the sale.
Located at 101 Skyline Drive in Russellville, Arkansas, the property has an established tenant in place. Its relatively recent construction and purpose-built medical-office configuration support continued healthcare use, while the existing professional layout may also suit other professional applications identified in the property information.
Located at 101 Skyline Drive in Russellville, Arkansas, the property has an established tenant in place. Its relatively recent construction and purpose-built medical-office configuration support continued healthcare use, while the existing professional layout may also suit other professional applications identified in the property information.
Key Highlights
- 47,403‑square‑foot medical office property
- Constructed in 2014
- Configured for a multi‑specialty medical clinic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$420,228
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Balanced
Demand for This Use
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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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Modern medical-office facility with an established tenant, dedicated parking, and a professional layout for healthcare operations.
Where is this medical office space 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: 47,403‑square‑foot medical office property; Constructed in 2014; Configured for a multi‑specialty medical clinic
