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Medical Center with Elevator
For Sale
$12,000,000

Russellville, AR 72801, Russellville, AR 72801

Commercial / Industrial, Russellville, AR

Property Size47,403 SF
Lot Size3.54 Acres
Price / SF$253.15
Days on Market26

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Parking 100
Interior features Sprinkler, Elevator, Public Restrooms, Handicapped Design, Fire System, Stairs
Exterior features Dumpster, Wheelchair Accessible
Accessibility Accessible Approach with Ramp, Accessible Elevator Installed
Subdivision OTHER ARKANSAS (SOUTH OF ARKANSA
Standard status Active
Size 47,403 SF
Lot size 3.54 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 35104

Building Details

Year built 2014
Floors in Building 3
Flooring type Vinyl
Listing Agency: Arkansas Real Estate Collective
Listed By: Christopher Becnel
Added: Sep 14 Changed: Oct 8 Last Checked: Oct 9 at 5:06AM
MLS# 26037429

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.

Built in 2014, this medical center contains 47,403 square feet on a 3.54-acre parcel. Its existing layout serves a multi-specialty clinic, with features including an elevator, public restrooms, fire system, sprinkler system, and vinyl flooring. Accessibility elements include a ramped approach, an accessible elevator, and wheelchair access.

The offering covers the real estate, including the buildings and land. A medical practice currently occupies the property under lease, but the business itself is not part of the sale.

Key Highlights

  • 47,403‑square‑foot medical center
  • Situated on 3.54 acres
  • Constructed in 2014

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$420,228
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,404,560 $8.4M
Cap Rate 7%
$6,003,257 $6.0M
Cap Rate 9%
$4,669,200 $4.7M
Market Conditions
NOI Build-Up for 47,403 SF
Gross rent
$711.0K $15.00/SF
− Vacancy
−$10.7K −$0.23/SF
EGI
$700.4K $14.78/SF
− OpEx
−$280.2K −$5.91/SF
NOI
$420.2K $8.87/SF
Area
Pope County, AR
Vacancy
1.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,404,560
Cap Rate 7%
$6,003,257
Cap Rate 9%
$4,669,200

Alternative Uses

Best Use
Healthcare Medical
$6.00M
$5.25M – $7.00M (±1% cap)
NOI $420,228 @ 7.0% cap · market cap 3.50%
Second Best
Office B
$5.96M
$5.22M – $6.96M (±1% cap)
NOI $417,497 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$7.57M
$6.63M – $8.84M (±1% cap)
NOI $530,155 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical centers

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

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 Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - Purpose-built healthcare space includes accessible circulation and an elevator.
Where is this medical center located?
The property is located at Russellville, AR.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 47,403‑square‑foot medical center; Situated on 3.54 acres; Constructed in 2014
More about this property
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