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    401 N Independence Ave Russellville, AR 72801

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    For Lease
    Contact for pricing

    Retail space in mixed-use complex, near Arkansas Tech University.

    Property size:
    3,000 SF
    Lot size:
    0.86 Acres

    Property Features for 401 N Independence Ave

    General Information

    Size
    3,000 SF
    Lot size
    0.86 Acres

    Source: Jones Aur Commercial Real Estate - Arkansas Agent Jacob Spears

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Arkansas Tech

    This 3,000-square-foot retail space is located on the ground floor of a new mixed-use apartment complex. Situated within walking distance of Arkansas Tech University and downtown, the property offers strong visibility on N Independence Ave. Ample on-site parking is available for both residents and visitors. The location is ideal for retail, coffee shop, or service-oriented businesses. Traffic counts indicate approximately 19,000 vehicles per day on N Arkansas Ave and 18,000 vehicles per day on E Main St.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Pope
    State
    Arkansas
    Longitude
    -93.141984
    Latitude
    35.275518

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    FAQs

    What type of property is this?
    Retail space - Retail space in mixed-use complex, near Arkansas Tech University.
    Where is this retail space located?
    The property is located at 401 N Independence Ave Russellville, AR.
    What are key features of this property?
    This property features: - Walking distance to Arkansas Tech University and Downtown; - Strong visibility on N Independence Ave; - Ample on-site parking for residents and visitors
    (501) 940-7204
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    401 N Independence Ave Russellville, AR 72801
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    Russellville, AR 72801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 N Independence Ave Russellville, AR 72801
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