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    Property profile & analytics

    2303 Arkansas Ave Russellville, AR 72802-2219

    • Office buildings
    • 2,530 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $2,995,000
    Last Sale
    Dec 16, 2024
    $2,980,000
    Location Intelligence
    Property ID
    US05-0630151
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2303 Arkansas Ave

    Year built
    1979
    Lot size
    0.75 lot acres
    Property size
    2,530 SF
    Property type
    Office buildings
    APN
    868-00036-000C
    APU
    86800036000C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,980,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,745,000
      6.5%
      $2,720,000
      7%
      $3,195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,695,000
      Geo Method
      $3,140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,570,000
      Retail
      $3,355,000
      Mixed-Use
      $3,480,000
      Hospitality
      $3,475,000
      Educational
      $3,605,000
      Residential Income
      $3,195,000
      Energy
      $2,875,000
      Income-Based Land
      $2,630,000
      Food Service
      $2,605,000

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Pope
    State
    Arkansas
    Longitude
    -93.138
    Latitude
    35.3026
    CBSA code
    40780
    CBSA name
    RUSSELLVILLE, AR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,785
    $52,270
    $8,140
    $60,410
    -
    $261,350
    $40,700
    $302,050

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      3010 Bernice Ave

      OFFICE BUILDING • 5,000 SF
      3010 Bernice Ave, Russellville, AR 72802-8439
      View Details
    • Value Estimation by Request
      1,680 SF

      206 Furniture Rd

      OFFICE BUILDING • 1,680 SF
      206 Furniture Rd, Russellville, AR 72802-1577
      View Details
    • Value Estimation by Request
      5,000 SF

      1216 14th St

      OFFICE BUILDING • 5,000 SF
      1216 14th St, Russellville, AR 72802-6469
      View Details
    • Value Estimation by Request
      1,512 SF

      3209 Arkansas Ave

      OFFICE BUILDING • 1,512 SF
      3209 Arkansas Ave, Russellville, AR 72802
      View Details
    • Value Estimation by Request
      7,000 SF

      409 Elmira Ave

      OFFICE BUILDING • 7,000 SF
      409 Elmira Ave, Russellville, AR 72802-9624
      View Details
    • Value Estimation by Request
      784 SF

      3208 Arkansas Ave

      OFFICE BUILDING • 784 SF
      3208 Arkansas Ave, Russellville, AR 72802-8001
      View Details

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      New Office/Industrial Facility For Sale

      Newly constructed 34,765 SF office/industrial facility in Russellville, Arkansas.
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    • $1,200,000
      8.00 Acres

      8 Acre Commercial Development Site

      8 acre commercial property with high visibility and I-40 access.
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    Similar Nearby for Lease

    • $18 SF/Yr
      5,135 SF

      Freestanding Restaurant Property For Rent

      Freestanding restaurant property with high visibility and accessibility.
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    • Contact for pricing
      5,525 SF

      Retail Space For Lease

      Retail spaces and pad sites available for lease in Russellville.
      3053-3093 E Main St, Russellville, AR 72802
      View Details
    • $12 SF/Yr
      3,000 SF

      Retail Space in Russellville, AR

      3,000 SF retail space available for lease.
      2001-2005 N Arkansas Ave, Russellville, AR 72802
      View Details

    Property Visit Statistics

    • Visits by month
      10.2k
    • Visitors by month
      9.1k
    • Avg Time on site
      14 min
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    2303 Arkansas Ave
    Russellville, AR 72802-2219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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