Flex Building with
For Sale
$275,000
120 S Cumberland, Russellville, AR 72802
COMMERCIAL - Russellville, AR
Property Size2,250 SF
Lot Size0.25 Acres
Price / SF$122.22
Days on Market295
Property Features for 120 S Cumberland
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
West main to S Cumberland, property will be on the right
Standard status
Active
APN
853-00110-001C
Size
2,250 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
PT NE/4 OF SE/4 CITY OF RSVL
Tax Annual Amount
150
Legal Description
PT NE/4 OF SE/4 CITY OF RSVL
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2024
Flooring type
Concrete
Building materials
Brick
Roof type
Metal
Listing Agency:
LIVE. LOVE. ARKANSAS
(479) 967-0133
Listed By:
TABATHA DAVIS TEAM
(479) 747-2466
Added: Nov 3, 2025
Changed: Aug 19
Last Checked: Aug 25 at 3:06AM
MLS# 1327391
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.
This flex property comprises 2,250 square feet on a 0.25-acre parcel at 120 S Cumberland in Russellville. Completed in 2024, the building features brick construction, a metal roof, concrete flooring, and central heating and cooling. Its layout includes warehouse space and previously supported a T-shirt and printing business.
The property is positioned on the west side of Russellville in Pope County, with access from S Cumberland. Existing business equipment may be purchased separately, providing an option for an operator seeking to acquire equipment along with the building. The commercial configuration can accommodate a range of business functions within the available flex and warehouse areas.
The property is positioned on the west side of Russellville in Pope County, with access from S Cumberland. Existing business equipment may be purchased separately, providing an option for an operator seeking to acquire equipment along with the building. The commercial configuration can accommodate a range of business functions within the available flex and warehouse areas.
Key Highlights
- 2,250‑square‑foot flex property on a 0.25‑acre parcel
- Built in 2024 with brick construction and a metal roof
- Warehouse area included within the commercial building
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
$19,137
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
6.96%
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%
$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
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
$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 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%
$382,740
Cap Rate 7%
$273,386
Cap Rate 9%
$212,633
Alternative Uses
Best Use
Flex RnD
$273.4K
$239.2K – $319.0K
NOI $19,137 @ 7.0% cap · market cap 6.96%
Second Best
Warehouse
$146.9K
$128.5K – $171.4K
NOI $10,282 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$359.5K
$314.6K – $419.4K
NOI $25,164 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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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 - Recently built brick facility with warehouse space, concrete flooring, and central heating and cooling.
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: 2,250‑square‑foot flex property on a 0.25‑acre parcel; Built in 2024 with brick construction and a metal roof; Warehouse area included within the commercial building
