Dry Cleaning
For Sale
$650,000
718 S Arkansas Avenue, Russellville, AR 72801
Turnkey dry cleaning storefront offered for sale with fully equipped, operational setup and ample parking.
Property Size5,000 SF
Price / SF$130
Days on Market100
Property Features for 718 S Arkansas Avenue
General Information
Standard status
Active
Size
5,000 SF
Property subtype
CommercialSale
Additional Details
Business Included
Yes
Listing Agency:
Arkansas Real Estate Collective
(479) 280-1999
Listed By:
The Wetzel Group
(479) 970-0986
Source:
Connectrealtynwa
Added: Jul 17
Changed: Oct 21
Last Checked: Oct 23 at 6:48AM
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 Arkansas Real Estate Collective
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Investment Insights
Based on property information with market context.
This for-sale dry cleaning storefront offers a well-established, fully equipped and operational business, presented as a turnkey opportunity for an owner-operator or investor. The property is a commercial building designed to support ongoing operations, with equipment in place to help minimize downtime for a qualified buyer.
The business is located at 718 Arkansas Ave in Russellville, Arkansas, with ample parking and easy access on site. The surrounding area includes residential neighborhoods and other thriving businesses, supporting consistent walk-in activity for a neighborhood-focused service use.
The business is located at 718 Arkansas Ave in Russellville, Arkansas, with ample parking and easy access on site. The surrounding area includes residential neighborhoods and other thriving businesses, supporting consistent walk-in activity for a neighborhood-focused service use.
Key Highlights
- Turnkey dry cleaning storefront for sale with a fully equipped, operational setup
- Business setup includes an operational dry cleaning storefront in a commercial building
- Ample parking and easy access are included with the property
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
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
964
Businesses Nearby
112k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 82%
Shops & Services 15%
Beauty & Spa 1%
Electronics 1%
McDonald's
Dining
31,274 visits/mo
0.3 miles
Wendy's
Dining
17,448 visits/mo
0.1 miles
Taco Bell
Dining
14,867 visits/mo
0.5 miles
The UPS Store
Shops & Services
7,173 visits/mo
0.4 miles
KFC
Dining
6,781 visits/mo
0.1 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
- 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 - Turnkey dry cleaning storefront offered for sale with fully equipped, operational setup and ample parking.
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: Turnkey dry cleaning storefront for sale with a fully equipped, operational setup; Business setup includes an operational dry cleaning storefront in a commercial building; Ample parking and easy access are included with the property
