Equipped Dry Cleaning
718 S Arkansas Avenue, Russellville, AR 72801
For Sale
$650,000
CommercialSale, Russellville, AR
Property Size5,000 SF
Lot Size0.53 Acres
Price / SF$130
Days on Market296
Property Features for 718 S Arkansas Avenue
General Information
Property type
Property subtype
Parking
Security features
Lot features
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Cooling system
Water source
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
Arkansas Real Estate Collective
(479) 280-1999
Listed By:
Wetzel Group
(479) 970-0986
Added: Jan 21
Changed: Nov 10
Last Checked: Nov 12 at 6:06AM
MLS# 1331986
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.
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Investment Insights
Based on property information with market context.
This 5,000-square-foot commercial storefront includes an operating dry cleaning business and the equipment associated with its current use. The building was constructed in 1999 with brick exterior construction, laminate, concrete, and simulated wood flooring, along with central air conditioning. Public water serves the property, and the roof is shingle construction.
The property occupies 0.53 acres at 718 S Arkansas Avenue in Russellville, Arkansas. Its configuration combines an established storefront operation with a substantial commercial building footprint. The existing business use and installed equipment provide a defined starting point for continued operation, subject to applicable transaction and regulatory terms.
The property occupies 0.53 acres at 718 S Arkansas Avenue in Russellville, Arkansas. Its configuration combines an established storefront operation with a substantial commercial building footprint. The existing business use and installed equipment provide a defined starting point for continued operation, subject to applicable transaction and regulatory terms.
Key Highlights
- 5,000‑square‑foot commercial storefront
- Operating dry cleaning business with equipment in place
- 0.53‑acre property at 718 S Arkansas Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,112
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$902,240
$902.2K
Cap Rate 7%
$644,457
$644.5K
Cap Rate 9%
$501,244
$501.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$69.0K $13.80/SF
− Vacancy
−$4.6K −$0.91/SF
EGI
$64.4K $12.89/SF
− OpEx
−$19.3K −$3.87/SF
NOI
$45.1K $9.02/SF
Area
Pope County, AR
Vacancy
6.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$902,240
Cap Rate 7%
$644,457
Cap Rate 9%
$501,244
Alternative Uses
Best Use
Retail
$644.5K
$563.9K – $751.9K
NOI $45,112 @ 7.0% cap · market cap 6.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$798.9K
$699.0K – $932.0K
NOI $55,920 @ 7.0% cap · market cap 8.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
968
Businesses Nearby
62k
Monthly Visits Nearby
Well-served
Demand for This Use
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
Similar Off Market Nearby
- Violet Fields Flower Farm — 701 S Erie Ave, Russellville, AR 72801
- The Floral Court — 911 E Main St, Russellville, AR 72802
- Kroger Floral — 1109 W Main St, Russellville, AR 72801
- Sweeden Florist — 117 N Commerce Ave, Russellville, AR 72801
- Flowers Etc Inc — 900 W B St, Russellville, AR 72801
Frequently Asked Questions
What type of property is this?
Storefront property - Brick commercial storefront with central air, public water, and an operating dry cleaning business.
Where is this storefront property located?
The property is located at 718 S Arkansas Avenue Russellville, AR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 5,000‑square‑foot commercial storefront; Operating dry cleaning business with equipment in place; 0.53‑acre property at 718 S Arkansas Avenue
