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Mixed-Use Development Land

Vancouver & 2nd lot 0, Russellville, AR 72801

For Sale
$590,000

Land, Russellville, AR

Property SizeContact for details
Lot Size7.00 Acres
Days on Market112

Property Features for Vancouver & 2nd lot 0

General Information

Property type Land
Property subtype Other
Lot features Central Business District, Cleared, City Lot
Elementary school district Russellville
Middle school district Russellville
High school district Russellville
Directions From West Main turn South at Vancouver. Land lies behind Neighborhood Market
Standard status Active
APN 85200061-003R
Lot size 7.00 Acres

Taxes and HOA fees

Tax Description A part of Lot 1, MRM Unit 1, Minor Plat to the City of Russellville
Tax Annual Amount 623
Legal Description A part of Lot 1, MRM Unit 1, Minor Plat to the City of Russellville

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: River Valley Realty, Inc
Listed By: Sue A Strait · License AR EB00046388
Added: Jul 22 Changed: Sep 7 Last Checked: Nov 10 at 10:06AM
MLS# 1356516

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.

Rey
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Investment Insights

Based on property information with market context.

This 7-acre parcel offers flexible development possibilities as commercial land or residential development, with suitability for mixed-use concepts. The property is offered for sale and is presented as a lot that can support complementary uses driven by daily-area activity.

The land is located near a Walmart Neighborhood Market, as well as nearby shopping and medical offices. This surrounding mix is intended to support consistent traffic patterns and adjacent business demand.

The parcel’s size and location make it a straightforward option for developers looking for a larger tract to plan a combined set of uses, based on the stated suitability for mixed-use development.

Key Highlights

  • 7‑acre parcel suited for potential commercial land or residential development
  • Utilities available: public water and public sewer
  • Located near a Walmart Neighborhood Market, shopping, and medical offices

Property Analytics

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Location Intelligence

Trade Area within ½ mile

607
Businesses Nearby

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
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Market

Average Price Trend$/SF for Commercial land in Russellville, AR

$273 Jul
$257 Aug
$224 Sep
$216 Oct

Properties on Market for Commercial land in Russellville

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Commercial land - 7-acre parcel near a Walmart Neighborhood Market, with access to nearby shopping and medical offices.
Where is this commercial land located?
The property is located at Vancouver & 2nd lot 0 Russellville, AR.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 7‑acre parcel suited for potential commercial land or residential development; Utilities available: public water and public sewer; Located near a Walmart Neighborhood Market, shopping, and medical offices
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