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    Property profile & analytics
    OFF-MARKET
    Retail space

    1005 Arkansas Ave, Russellville, AR 72801-6732

    3,030 SF 0.16 ac lot Built 1969
    Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0141029
    Property summary
    AI-generated overview

    This exceptional single-tenant property at 1005 S. Arkansas Ave, Russellville, AR 72801, offers 3,030 square feet of versatile space ideal for creative office or coworking uses. The building, zoned C-1, features one story and is situated on a high-traffic area of South Arkansas Avenue/Highway 7, providing excellent visibility and advertising potential. The property includes six parking spaces, making it convenient for employees and clients. There are no elevators. The entire 3,030 square feet is currently vacant and available for immediate occupancy. This presents a unique opportunity for a business seeking a flexible space to accommodate various needs, whether retail or office-based. The lease is a single net lease at a competitive rate of $9 per square foot. The property's location offers significant advantages for businesses seeking high visibility and accessibility. This is a rare opportunity to secure a well-located, spacious property at an attractive price point in a thriving Arkansas community. The property's single-story design and ample parking further enhance its appeal. Don't miss this chance to establish your business in this prime Russellville location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1969
    Construction FRAME
    Total area 3,030 SF
    Lot 0.16 ac (6,970 SF)
    APN 772-00111-000C
    UPID US05-0141029
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Broom Closet Thrift Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Mayhew Stevens Cash · 1 yrs held
    Mayhew Stevens Cash
    since 2024
    Last sale
    $153,000
    2 recorded transactions
    2024
    $153,000
    2020
    $99,900
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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