Office Building with Guest
1410 W Main Street, Russellville, AR 72801
For Sale
$545,000
CommercialSale, Russellville, AR
Property Size2,000 SF
Price / SF$265.72
Days on Market97
Property Features for 1410 W Main Street
General Information
Property type
Property subtype
Zoning description
Lot features
Directions
Standard status
APN
Size
Taxes and HOA fees
Tax Description
Legal Description
Building Details
Year built
Flooring type
Listing Agency:
River Valley Realty, Inc
(479) 968-6260
Listed By:
Sue A Strait · License AR EB00046388
(479) 890-1133
Added: Aug 6
Changed: Oct 22
Last Checked: Nov 10 at 2:06AM
MLS# 1357886
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property includes an approximately 2,000 sq. ft. building with wood flooring and use described as a quiet office setting. A separate 1-bedroom, 1-bath residence is also part of the property, with a loft that provides a second sleeping area. The residence is currently operated as a short-term rental.
Located at 1410 W Main Street in Russellville, the property is positioned among established healthcare providers and complementary businesses. The setting offers access to the surrounding medical community, with visibility and convenient connectivity identified as notable site characteristics.
The combination of office space and a separate residential improvement supports a range of documented uses, including professional office occupancy, short-term rental operation, visiting-professional lodging, employee housing, or residential rental use.
Located at 1410 W Main Street in Russellville, the property is positioned among established healthcare providers and complementary businesses. The setting offers access to the surrounding medical community, with visibility and convenient connectivity identified as notable site characteristics.
The combination of office space and a separate residential improvement supports a range of documented uses, including professional office occupancy, short-term rental operation, visiting-professional lodging, employee housing, or residential rental use.
Key Highlights
- Approximately 2,000 sq. ft. office building
- Separate 1‑bedroom, 1‑bath residence
- Loft provides a second sleeping area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,064
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,280
$361.3K
Cap Rate 7%
$258,057
$258.1K
Cap Rate 9%
$200,711
$200.7K
Market Conditions
NOI Build-Up for 2,051 SF
Gross rent
$25.8K $12.60/SF
− Vacancy
−$1.8K −$0.86/SF
EGI
$24.1K $11.74/SF
− OpEx
−$6.0K −$2.94/SF
NOI
$18.1K $8.81/SF
Area
Pope County, AR
Vacancy
6.80%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,280
Cap Rate 7%
$258,057
Cap Rate 9%
$200,711
Alternative Uses
Best Use
Office B
$258.1K
$225.8K – $301.1K
NOI $18,064 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$175.2K
$153.3K – $204.4K
NOI $12,264 @ 7.0% cap · market cap 2.25%
Theoretical Best
Office A
$327.7K
$286.7K – $382.3K
NOI $22,938 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Includes a separate guest residence with loft space and an established short-term rental use.
Where is this office building located?
The property is located at 1410 W Main Street Russellville, AR.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Approximately 2,000 sq. ft. office building; Separate 1‑bedroom, 1‑bath residence; Loft provides a second sleeping area
