Commercial Land with Existing
2807 N Arkansas Avenue, Russellville, AR 72802
For Sale
$525,000
Pending
CommercialSale, Russellville, AR
Property Size4,916 SF
Lot Size1.70 Acres
Days on Market320
Property Features for 2807 N Arkansas Avenue
General Information
Property type
Property subtype
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Building Details
Year built
Listing Agency:
Lindsey & Associates Inc
(479) 521-6611
Listed By:
Brandon Rausch · License #SA00094802
(479) 380-8960
Added: Dec 24, 2025
Changed: Oct 17
Last Checked: Nov 8 at 11:06AM
MLS# 1331410
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 1.7-acre commercial land offering includes an existing 4,916-square-foot structure built in 1991. The property carries a C2 Highway Commercial designation, combining a development site with an established improvement already in place.
Located at 2807 N Arkansas Avenue in Russellville, the parcel fronts Highway 7. The site is positioned along a commercial corridor and is identified for redevelopment or repositioning for highway-oriented commercial uses.
Located at 2807 N Arkansas Avenue in Russellville, the parcel fronts Highway 7. The site is positioned along a commercial corridor and is identified for redevelopment or repositioning for highway-oriented commercial uses.
Key Highlights
- 1.7 +/- acres of commercial land
- C2 Highway Commercial zoning
- Highway 7 frontage in Russellville, AR
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,354
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,080
$887.1K
Cap Rate 7%
$633,629
$633.6K
Cap Rate 9%
$492,822
$492.8K
Market Conditions
NOI Build-Up for 4,916 SF
Gross rent
$67.8K $13.80/SF
− Vacancy
−$4.5K −$0.91/SF
EGI
$63.4K $12.89/SF
− OpEx
−$19.0K −$3.87/SF
NOI
$44.4K $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%
$887,080
Cap Rate 7%
$633,629
Cap Rate 9%
$492,822
Alternative Uses
Best Use
Retail
$633.6K
$554.4K – $739.2K
NOI $44,354 @ 7.0% cap · market cap 8.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$785.4K
$687.3K – $916.4K
NOI $54,981 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
133k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 42%
Hotels & Casinos 14%
Phillips 66
Shops & Services
23,094 visits/mo
0.3 miles
Cracker Barrel Old Country Store
Dining
18,717 visits/mo
0.5 miles
Exxon
Shops & Services
16,087 visits/mo
0.3 miles
Burger King
Dining
12,830 visits/mo
0.4 miles
Dollar General
Shops & Services
11,074 visits/mo
0.1 miles
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
$196,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Commercial land in Russellville, AR
Properties on Market for Commercial land in Russellville
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - C2-zoned commercial land with Highway 7 frontage and an existing structure for redevelopment or repositioning.
Where is this commercial land located?
The property is located at 2807 N Arkansas Avenue Russellville, AR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 1.7 +/- acres of commercial land; C2 Highway Commercial zoning; Highway 7 frontage in Russellville, AR
