New Office/Industrial Facility For
340 N Shamrock Blvd, Russellville, AR 72802
Newly constructed 34,765 SF office/industrial facility in Russellville, Arkansas.
Type:Office/Industrial Building for Sale
Property size:
34,765 SFPrice / SF:
$145/SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 5 at 9:05 pm
Property Features for 340 N Shamrock Blvd
General Information
- Standard status
- Active
- Size
- 34,765 SF
- Property subtype
- Office/Industrial Building for Sale
Building Details
- Year Built
- 2023
Listing agent Jackson Moore License #AR #SA00081924 (479) 695-8268
Listing office Kelley Commercial Partners - Springdale (479) 695-8268
Listing date Nov 21, 2025
Source Kelleycommercialpartners
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kelley Commercial Partners - Springdale
HighLights
- Newly constructed 34,765 SF office/industrial facility (built in 2023) in excellent condition.
- Prime location with I‑40 frontage (±70,000 VPD) near Highway 331 exit.
- Heated/sprinkled warehouse space with two 16' x 16' roll‑up doors, at‑grade and dock‑high loading, and gated outdoor storage.
- Significant expansion potential with ±5.2 acres available across Lexington Avenue.
- 41.7% office buildout including 2 conference rooms, 2 break rooms, 6 restrooms, multiple private offices, and training/classroom spaces.
- Located in an Opportunity Zone.
Overview
This newly constructed 34,765 SF office/industrial facility is located in Russellville, Arkansas. The property, situated on 3.9 acres near the Highway 331 exit off Interstate 40, features a 41.7% office buildout and a fully heated and sprinklered warehouse space. The surrounding neighborhood includes a mix of national retailers and industrial users. The warehouse includes two 16' x 16' roll-up doors, at-grade and dock-high loading, a heated shop area, and a gated outdoor storage area. It is also equipped with five 10-ft Skyblade fans. The office space features 2 conference rooms, 2 break rooms, 6 restrooms, multiple private offices, and a variety of training/classroom spaces. The facility is designed for training, education, and activity-based operations. It is 100% ADA sprinklered, including the shop area, and has state-of-the-art remote HVAC control capability. Additional expansion potential is available with 5.2 acres across Lexington Avenue to the Southwest. The location offers I-40 frontage with approximately 70,000 vehicles per day and is located in an Opportunity Zone. Full construction working plans are available upon request.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$3.40M
NOI $306,189 @ 9.00% cap · cautious / downside scenario
Moderate
$4.37M
NOI $306,189 @ 7.00% cap · market / base-case scenario
Aggressive
$6.12M
NOI $306,189 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $438.0k | $12.60 |
| − Vacancy | −$29.8k | −$0.86 |
| EGI | $408.3k | $11.74 |
| − OpEx | −$102.1k | −$2.94 |
| NOI | $306.2k | $8.81 |
34,765 SF · lease $12.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$4.37M
$3.83M – $5.10M
NOI $306,189 @ 7.0% cap · market cap 6.07%
Second Best
Warehouse
$2.27M
$1.99M – $2.65M
NOI $158,862 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$5.55M
$4.86M – $6.48M
NOI $388,812 @ 7.0% cap · market cap 7.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Arkansas Oklahoma Carpenter
Vocational School
Carpenters Local 1836
Advocacy Group
Millwright 216 Union ...
Association Or Organization
Similar Places Nearby
- HWY 64 Self Storage — 3845 E Main St, Russellville, AR 72802
- Self-Storage at U-Haul — 2821 E Main St, Russellville, AR 72802
- Scotty's Storage Trailer Rentals, Inc. — 2720 Bernard Way, Russellville, AR 72802
Location Insight
- Map
- Local Demand
- City
- Russellville
- County
- Pope
- State
- Arkansas
- Longitude
- -93.0908
- Latitude
- 35.2796
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Newly constructed 34,765 SF office/industrial facility in Russellville, Arkansas.
Where is this warehouse located?
The property is located at 340 N Shamrock Blvd Russellville, AR.
What is the asking price?
The asking price for this property is $5,041,000.
What are key features of this property?
This property features: Newly constructed 34,765 SF office/industrial facility (built in 2023) in excellent condition.; Prime location with I‑40 frontage (±70,000 VPD) near Highway 331 exit.; Heated/sprinkled warehouse space with two 16' x 16' roll‑up doors, at‑grade and dock‑high loading, and gated outdoor storage.
