Retail Building with Existing
For Sale
$500,000
512 S Arkansas Avenue, Russellville, AR 72801
CommercialSale, Russellville, AR
Property Size14,365 SF
Lot Size1.48 Acres
Price / SF$34.81
Days on Market889
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
Electric, Central Air
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: Sep 12
Last Checked: Oct 4 at 9:06PM
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.
This 14,365-square-foot retail property occupies 1.48 acres at 512 S Arkansas Avenue in Russellville. The building is constructed with brick, block, and concrete and includes two existing tenants. A fresh exterior paint coating was completed on 11/1/24.
The property is located 4 blocks from the center of Russellville, offering a central commercial setting. C1 zoning supports its retail classification, while public water and public sewer serve the site. Building systems include central natural gas heating and central electric air conditioning, with a gas water heater also in place.
The property is located 4 blocks from the center of Russellville, offering a central commercial setting. C1 zoning supports its retail classification, while public water and public sewer serve the site. Building systems include central natural gas heating and central electric air conditioning, with a gas water heater also in place.
Key Highlights
- 14,365‑square‑foot retail property on 1.48 acres
- Two existing tenants in place
- C1 zoning
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 commercial property with two existing tenants, public utilities, and a central Russellville location.
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: 14,365‑square‑foot retail property on 1.48 acres; Two existing tenants in place; C1 zoning
