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Flex Space with Warehouse
For Sale
$275,000

120 S Cumberland, Russellville, AR 72802

Includes warehouse space with flexibility for retail, office, or production use.

Property Size2,250 SF
Price / SF$122.22
Days on Market96

Property Features for 120 S Cumberland

General Information

Standard status Active
Size 2,250 SF
Listing Agency: LIVE. LOVE. ARKANSAS
Listed By: TABATHA DAVIS TEAM
Source: Connectrealtynwa
Added: Jul 14 Changed: Oct 7 Last Checked: Oct 16 at 8:27AM

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 LIVE. LOVE. ARKANSAS

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Investment Insights

Based on property information with market context.

This flex space combines a commercial building with an integrated warehouse area. The property previously operated as a T-shirt and printing business, and the available configuration is described as suitable for retail, office, or production functions. Existing business equipment may be purchased separately from the real estate.

The property is located at 120 S Cumberland in Russellville, on the west side of town. The site is described as offering visibility and convenient access for commercial operations.

Key Highlights

  • Commercial building includes warehouse space
  • Previously operated as a T‑shirt and printing business
  • Flexible use profile supports retail, office, or production functions

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,137
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,740 $382.7K
Cap Rate 7%
$273,386 $273.4K
Cap Rate 9%
$212,633 $212.6K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$31.6K $14.04/SF
− Vacancy
−$2.1K −$0.95/SF
EGI
$29.4K $13.09/SF
− OpEx
−$10.3K −$4.58/SF
NOI
$19.1K $8.51/SF
Area
Pope County, AR
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,740
Cap Rate 7%
$273,386
Cap Rate 9%
$212,633

Alternative Uses

Best Use
Flex RnD
$273.4K
$239.2K – $319.0K (±1% cap)
NOI $19,137 @ 7.0% cap · market cap 6.96%
Second Best
Warehouse
$146.9K
$128.5K – $171.4K (±1% cap)
NOI $10,282 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$359.5K
$314.6K – $419.4K (±1% cap)
NOI $25,164 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Freedom Roofing Roofing Company

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Barber Shop Electrical Service Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

708
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Adams Catfish Express & Catering — 3109 W Main St, Russellville, AR 72801

Frequently Asked Questions

What type of property is this?
Flex space - Includes warehouse space with flexibility for retail, office, or production use.
Where is this flex space located?
The property is located at 120 S Cumberland Russellville, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Commercial building includes warehouse space; Previously operated as a T‑shirt and printing business; Flexible use profile supports retail, office, or production functions
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