Medical Office with Patient
1501 W C Street, Russellville, AR 72801
For Sale
$289,000
CommercialSale, Russellville, AR
Property Size1,881 SF
Lot Size0.04 Acres
Price / SF$153.64
Days on Market378
Property Features for 1501 W C Street
General Information
Property type
Property subtype
Zoning description
Parking
Appliances
Lot features
Directions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Medical Specialty
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Buildings
Listing Agency:
The Lighthouse Realty Company
(479) 219-9294
Listed By:
TJ Posey · License AR PB00078387
(479) 970-2942
Added: Oct 31, 2025
Changed: Nov 10
Last Checked: Nov 12 at 7:06AM
MLS# 1326892
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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Investment Insights
Based on property information with market context.
Built in 1995, this 1,881-square-foot brick medical office is configured for dental or other professional practice use. The layout includes four patient rooms with individual sinks, a reception area, waiting room, laboratory, darkroom, private office, break room with laundry hookup, two public restrooms, one private restroom, and two mechanical rooms. Central heating, natural gas, central air, electric cooling, and a public water source support the building’s operations. Most dental equipment may be negotiated separately.
The property is located at 1501 W C Street in Russellville, within 0.2 miles of St. Mary's Hospital and just off North Phoenix Drive. C-4 zoning and the existing room configuration support continued medical use or conversion to another professional application.
The property is located at 1501 W C Street in Russellville, within 0.2 miles of St. Mary's Hospital and just off North Phoenix Drive. C-4 zoning and the existing room configuration support continued medical use or conversion to another professional application.
Key Highlights
- 1,881‑square‑foot medical office built in 1995
- Four patient rooms, each equipped with a sink
- Reception, waiting room, lab, darkroom, office, and break room with laundry hookup
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,675
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,500
$333.5K
Cap Rate 7%
$238,214
$238.2K
Cap Rate 9%
$185,278
$185.3K
Market Conditions
NOI Build-Up for 1,881 SF
Gross rent
$28.2K $15.00/SF
− Vacancy
−$423 −$0.23/SF
EGI
$27.8K $14.78/SF
− OpEx
−$11.1K −$5.91/SF
NOI
$16.7K $8.87/SF
Area
Pope County, AR
Vacancy
1.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,500
Cap Rate 7%
$238,214
Cap Rate 9%
$185,278
Alternative Uses
Best Use
Healthcare Medical
$238.2K
$208.4K – $277.9K
NOI $16,675 @ 7.0% cap · market cap 5.77%
Second Best
Office B
$236.7K
$207.1K – $276.1K
NOI $16,567 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$300.5K
$263.0K – $350.6K
NOI $21,037 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Under-served
Demand for This Use
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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
Similar Off Market Nearby
- David G Tanner DVM — Russellville, AR 72801
Frequently Asked Questions
What type of property is this?
Medical Office Space - Brick medical office with specialized rooms and a layout adaptable to dental, medical, or professional use.
Where is this medical office space located?
The property is located at 1501 W C Street Russellville, AR.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 1,881‑square‑foot medical office built in 1995; Four patient rooms, each equipped with a sink; Reception, waiting room, lab, darkroom, office, and break room with laundry hookup
