Corner Storefront
For Sale
$229,900
1230 W MAIN Street, Russellville, AR 72801
CommercialSale, Russellville, AR
Property Size1,220 SF
Lot Size0.16 Acres
Price / SF$188.44
Days on Market157
Property Features for 1230 W MAIN Street
General Information
Property type
Commercial Sale
Property subtype
Other
Appliances
GasWaterHeater
Directions
From 500 W Main St, head west on Main Street toward S Phoenix Ave. Continue approximately 0.7 miles and the destination, 1230 W Main St, will be on your left.
Standard status
Active
APN
805-00037-000C
Size
1,220 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Description
Lots 7, W 17 1/2' Lot 8, Block 1, W J White,City of Russellville
Tax Annual Amount
635
Legal Description
Lots 7, W 17 1/2' Lot 8, Block 1, W J White,City of Russellville
Utilities
Heating system
Central
Cooling system
Central Air, Electric
Building Details
Year built
1935
Flooring type
Wood
Building materials
Brick
Roof type
Shingle, Asphalt
Listing Agency:
Arkansas Real Estate Collective
(479) 280-1999
Listed By:
Boyd Osborne · License #EB00050326
(479) 970-0244
Added: May 6
Changed: Sep 12
Last Checked: Oct 9 at 7:06AM
MLS# 1345584
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 1,220-square-foot storefront property occupies a 0.16-acre corner lot in Russellville. Built in 1935, the brick building has a residential-style exterior, wood flooring, an asphalt shingle roof, and central heating and cooling with electric service. A gas water heater is also in place.
Positioned on West Main Street at 1230 W Main Street, the property benefits from a prominent corner location and reported high traffic volume. Its storefront configuration and existing commercial improvements provide a compact setting for business use.
Positioned on West Main Street at 1230 W Main Street, the property benefits from a prominent corner location and reported high traffic volume. Its storefront configuration and existing commercial improvements provide a compact setting for business use.
Key Highlights
- 1,220‑square‑foot storefront property
- 0.16‑acre corner lot on 1230 W Main Street
- Brick construction with wood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,007
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,140
$220.1K
Cap Rate 7%
$157,243
$157.2K
Cap Rate 9%
$122,300
$122.3K
Market Conditions
NOI Build-Up for 1,220 SF
Gross rent
$16.8K $13.80/SF
− Vacancy
−$1.1K −$0.91/SF
EGI
$15.7K $12.89/SF
− OpEx
−$4.7K −$3.87/SF
NOI
$11.0K $9.02/SF
Area
Pope County, AR
Vacancy
6.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,140
Cap Rate 7%
$157,243
Cap Rate 9%
$122,300
Alternative Uses
Best Use
Retail
$157.2K
$137.6K – $183.5K
NOI $11,007 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$194.9K
$170.6K – $227.4K
NOI $13,644 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
113k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 61%
Shops & Services 34%
Apparel 3%
Dining 2%
Walmart Neighborhood Market
Groceries
37,942 visits/mo
0.5 miles
Kroger
Groceries
30,824 visits/mo
0.2 miles
Dollar Tree
Shops & Services
13,917 visits/mo
0.1 miles
Kroger Fuel Center
Shops & Services
13,612 visits/mo
0.2 miles
The UPS Store
Shops & Services
7,173 visits/mo
0.4 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Kroger Floral — 1109 W Main St, Russellville, AR 72801
- Sweeden Florist — 117 N Commerce Ave, Russellville, AR 72801
- Flowers Etc Inc — 900 W B St, Russellville, AR 72801
Frequently Asked Questions
What type of property is this?
Storefront property - Brick commercial building with wood flooring, central HVAC, and a prominent corner setting.
Where is this storefront property located?
The property is located at 1230 W MAIN Street Russellville, AR.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: 1,220‑square‑foot storefront property; 0.16‑acre corner lot on 1230 W Main Street; Brick construction with wood flooring
