1111 N Arkansas Avenue Russellville, AR 72801
SINGLE_FAMILY - Russellville, AR
- Added:
- Apr 13, 2025
- Days on Market:
- 456
- Last Refresh:
- Jul 12 at 6:06 am
Property Features for 1111 N Arkansas Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 20
- Standard status
- Active
- APN
- 749-00001-000E
- Size
- 3,375 SF
Taxes and HOA fees
- Tax Description
- LOT 1 & 2 BLOCK 1 of AGRICULTURAL SCHOOL ADDITIONS CITY OF RUSSELLVILLE
Building Details
- Year built
- 1965
- Flooring type
- Tile, Wood, Vinyl
- Building materials
- Rock
- Roof type
- Shingle
Listing agent The Wetzel Group (479) 970-0986
Listing office Arkansas Real Estate Collective 500 W Main St Ste 405, Russellville, AR (479) 280-1999
Listing date Apr 13, 2025
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.
Located at 1111 N Arkansas Avenue in Russellville, Arkansas, the property is described as centrally located near ATU, I-40, and Downtown Russellville. The seller also highlights visibility from highway 7 traffic and from those attending or visiting ATU.
Zoned C-2, the building is positioned for a range of commercial uses consistent with that zoning category, subject to applicable approvals.
Key Highlights
- Centrally located large commercial space near ATU, I‑40, and Downtown Russellville
- Zoned C‑2 for commercial use
- Rock exterior and over 3,000 SF interior commercial space
Local Financial Insights For Office B
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 | $42.5k | $12.60 |
| − Vacancy | −$2.9k | −$0.86 |
| EGI | $39.6k | $11.74 |
| − OpEx | −$9.9k | −$2.94 |
| NOI | $29.7k | $8.81 |
