Office Building with Wood
1407 W Main Street Russellville, AR 72801
1407 W Main Street, Russellville, AR, 72801
$400,000
For Sale
$400,000
SINGLE_FAMILY - Russellville, AR
Property Size3,064 SF
Lot Size0.75 Acres
Price / SF$130.55
Days on Market81
Property Features for 1407 W Main Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 805-00078-000C
- Size
- 3,064 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Description
- LOTS 1 2 11 12 E261-2FT 3LK 27 CITY OF RUSSELLVILLE
- Tax Annual Amount
- 2146
Building Details
- Year built
- 1950
Listing Agency
River Valley Realty, Inc
(479) 968-6260
800 E Main Street, Russellville, AR
Listed by
Sue A Strait · License #EB00046388
(479) 890-1133
Added: May 1 Checked: Jul 20 at 5:06 am
MLS# 1344947
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 for-sale office building offers a professional layout with multiple private offices designed for individual workspaces, meetings, or client use. The interior features wood flooring throughout and plantation shutters that provide both character and added privacy. The property also includes outdoor parking intended to support convenient access for employees and visitors.
Located at 1407 W Main Street in Russellville, Arkansas (Pope County), the property is positioned for everyday accessibility from the main commercial corridor address. With a total size of 3,064 square feet on 0.75 acres, the building provides an established footprint for office operations that need dedicated rooms and straightforward site access.
This space is well suited for office users and client-facing businesses seeking a functional private-office configuration combined with traditional interior finishes like wood floors and plantation shutters. The on-site parking supports day-to-day logistics for teams and appointments, making it a practical option for organizations looking for an office setting at a street-address location in Russellville.
Located at 1407 W Main Street in Russellville, Arkansas (Pope County), the property is positioned for everyday accessibility from the main commercial corridor address. With a total size of 3,064 square feet on 0.75 acres, the building provides an established footprint for office operations that need dedicated rooms and straightforward site access.
This space is well suited for office users and client-facing businesses seeking a functional private-office configuration combined with traditional interior finishes like wood floors and plantation shutters. The on-site parking supports day-to-day logistics for teams and appointments, making it a practical option for organizations looking for an office setting at a street-address location in Russellville.
Key Highlights
- Prime commercial location with exceptional visibility and easy access.
- Multiple private offices suitable for various business needs.
- Ample parking for clients and staff.
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 | $38.6k | $12.60 |
| − Vacancy | −$2.6k | −$0.86 |
| EGI | $36.0k | $11.74 |
| − OpEx | −$9.0k | −$2.94 |
| NOI | $27.0k | $8.81 |
3,064 SF · lease $12.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$385.5K
$337.3K – $449.8K
NOI $26,986 @ 7.0% cap · market cap 6.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$489.5K
$428.4K – $571.1K
NOI $34,268 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bullocks law firm ...
Government Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - For sale office building with multiple private offices, plantation shutters, and ample on-site parking.
Where is this office units located?
The property is located at 1407 W Main Street Russellville, AR.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Prime commercial location with exceptional visibility and easy access.; Multiple private offices suitable for various business needs.; Ample parking for clients and staff.
