Retail Space with Two In-Place
For Sale
$500,000
512 S Arkansas Avenue, Russellville, AR 72801
SINGLE_FAMILY - Russellville, AR
Property Size14,365 SF
Lot Size1.48 Acres
Price / SF$34.81
Days on Market844
Property Features for 512 S Arkansas Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
C1
Parking
60
Appliances
GasWaterHeater
Lot features
Corner Lot, Outside City Limits, Level
Directions
512 S Arkansas Russellville AR
Standard status
Active
APN
795-00086-0000C
Size
14,365 SF
Lot size
1.48 Acres
Taxes and HOA fees
Tax Description
Part 1,2,3 Block L Torrence Addition
Tax Annual Amount
3654
Legal Description
Part 1,2,3 Block L Torrence Addition
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air, Electric
Water source
Public
Building Details
Floors in Building
2
Building materials
Brick, Block, Concrete
Listing Agency:
River Valley Realty, Inc
(479) 968-6260
Listed By:
Roger Boyer · License #EB00062161
(479) 857-0833
Added: Apr 29, 2024
Changed: Aug 4
Last Checked: Aug 20 at 3:06PM
MLS# AV24-792
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.
Investment Insights
Based on property information with market context.
Retail space at 512 S Arkansas Avenue in Russellville, AR, situated on a 1.48-acre lot totaling 14,365 square feet. The property construction includes brick, block, and concrete, with central heating (natural gas) and central air conditioning (electric). A gas water heater is included, and utilities connect to public water and public sewer.
The location is described as 4 blocks from the center of Russellville. The property has two good stable tenants already in place.
Recent exterior updates include a fresh coat of exterior paint dated 11/1/24, supporting an improved curb-ready appearance for tenants and visitors.
The location is described as 4 blocks from the center of Russellville. The property has two good stable tenants already in place.
Recent exterior updates include a fresh coat of exterior paint dated 11/1/24, supporting an improved curb-ready appearance for tenants and visitors.
Key Highlights
- 1.48‑acre lot with 14,365 SF retail space
- Two in‑place tenants
- Zoned C1
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
968
Businesses Nearby
62k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Home Improvements & Furnishings 24%
Dining 20%
Russellville #1
Shops & Services
20,504 visits/mo
0.2 miles
Leonard's Ace
Home Improvements & Furnishings
13,350 visits/mo
0.5 miles
Taco Villa
Dining
9,386 visits/mo
0.4 miles
Dollar General
Shops & Services
9,066 visits/mo
0.1 miles
Bank OZK
Shops & Services
3,160 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - C1-zoned retail space with public water and public sewer, positioned close to Russellville’s center.
Where is this retail space located?
The property is located at 512 S Arkansas Avenue Russellville, AR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1.48‑acre lot with 14,365 SF retail space; Two in‑place tenants; Zoned C1
