Multi-Building Mixed-Use
New
For Sale
$1,300,000
3900 S Arkansas Ave, Russellville, AR 72802
A collection of office, retail, and warehouse facilities occupies a 10-acre highway-side site.
Property Size14,000 SF
Lot Size10.00 Acres
Price / SF$92.86
Days on Market3
Property Features for 3900 S Arkansas Ave
General Information
Standard status
Active
Size
14,000 SF
Lot size
10.00 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
1975
Listing Agency:
Lindsey & Associates Inc
Listed By:
Brooke Hernandez
(479) 366-0149
Source:
District3
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 16 at 8:28AM
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 Lindsey & Associates Inc
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Investment Insights
Based on property information with market context.
This mixed-use property comprises several commercial buildings with approximately 40,000 square feet of combined space. The facilities include office, retail, and warehouse areas, providing a mix of commercial building types. The property was built in 1975 and occupies 10 acres along a highway, with highway access.
Key Highlights
- Approximately 40,000 square feet of combined building space
- 10‑acre site along a highway
- Multiple buildings include office, retail, and warehouse facilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,440
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,948,800
$1.9M
Cap Rate 7%
$1,392,000
$1.4M
Cap Rate 9%
$1,082,667
$1.1M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$168.0K $12.00/SF
− Vacancy
−$12.1K −$0.86/SF
EGI
$155.9K $11.14/SF
− OpEx
−$58.5K −$4.18/SF
NOI
$97.4K $6.96/SF
Area
Pope County, AR
Vacancy
7.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,948,800
Cap Rate 7%
$1,392,000
Cap Rate 9%
$1,082,667
Alternative Uses
Best Use
Retail
$1.80M
$1.58M – $2.11M
NOI $126,314 @ 7.0% cap · market cap 9.72%
Second Best
Mixed Use
$1.39M
$1.22M – $1.62M
NOI $97,440 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,576 @ 7.0% cap · market cap 12.04%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A collection of office, retail, and warehouse facilities occupies a 10-acre highway-side site.
Where is this mixed-use property located?
The property is located at 3900 S Arkansas Ave Russellville, AR.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Approximately 40,000 square feet of combined building space; 10‑acre site along a highway; Multiple buildings include office, retail, and warehouse facilities
