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    Property profile & analytics

    2304 Arkansas Ave Russellville, AR 72802-2218

    • Motels
    • 23,351 SF
    • 2.57 lot acres
    OFF-MARKET
    Value Estimation
    $605,000
    Location Intelligence
    Property ID
    US05-0545449
    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

    • Hampton Inn Russellville / Hotel

    Property Details for 2304 Arkansas Ave

    Year built
    1998
    Lot size
    2.57 lot acres
    Property size
    23,351 SF
    Property type
    Motels
    APN
    868-80001-000C
    APU
    86880001000C

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Pope
    State
    Arkansas
    Longitude
    -93.1366
    Latitude
    35.3021
    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
    $16,628
    $30,000
    $330,690
    $360,690
    -
    $150,000
    $1,653,450
    $1,803,450

    Comparable in this City

    • Value Estimation
      $2,900,000
      50,615 SF

      120 Harrell Dr

      MOTEL • 50,615 SF
      120 Harrell Dr, Russellville, AR 72802-2256
      View Details
    • Value Estimation
      $3,665,000
      41,245 SF

      111 Harrell Dr

      MOTEL • 41,245 SF
      111 Harrell Dr, Russellville, AR 72802-2256
      View Details
    • Value Estimation
      $645,000
      38,210 SF

      2326 Arkansas Ave

      MOTEL • 38,210 SF
      2326 Arkansas Ave, Russellville, AR 72802-2218
      View Details
    • Value Estimation
      $615,000
      22,728 SF

      215 Birch St

      MOTEL • 22,728 SF
      215 Birch St, Russellville, AR 72802-9461
      View Details
    • Value Estimation
      $555,000
      21,756 SF

      204 Lk Frnt Dr

      MOTEL • 21,756 SF
      204 Lk Frnt Dr, Russellville, AR 72802-2210
      View Details
    • Value Estimation by Request
      15,984 SF

      154 Aspen Ln

      MOTEL • 15,984 SF
      154 Aspen Ln, Russellville, AR 72802-8903
      View Details

    Similar Nearby for Sale

    • $2,200,000
      21,756 SF

      Well-Maintained Motel Near Interstate

      52-room motel with manager's apartment and development potential.
      204 Lake Front Dr, Russellville, AR 72802
      View Details
    • $99,000
      0.86 Acres

      Russellville AR Commercial Land

      0.86-acre lot, prime commercial opportunity.
      Knoxville Ave, Russellville, AR 72802
      View Details
    • $59,900
      1.00 Acre

      Residential Lot with Lake Views

      One-acre residential lot near Galla Creek Lake in Russellville, AR.
      219 Apple Ln, Russellville, AR 72802
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    • $1,142,143
      4.37 Acres

      Prime Commercial Land Opportunity

      4.37 acres of commercial land in Russellville, Arkansas.
      Gary Ln, Russellville, AR 72802
      View Details
    • $135,000
      10.00 Acres

      10 Acres in South New Hope

      10 acres of land in the South New Hope area.
      45 Hlass Rd, Russellville, AR 72802
      View Details
    • $60,000
      0.22 Acres

      Residential Lots Near Lake Dardanelle

      Residential lots in Scenic Way Village near Lake Dardanelle.
      Elk Horn Dr, Russellville, AR 72802
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      5,135 SF

      Freestanding Restaurant Property For Rent

      Freestanding restaurant property with high visibility and accessibility.
      115 E Harrell Dr, Russellville, AR 72802
      View Details
    • 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
      8.7k
    • Visitors by month
      4.3k
    • Avg Time on site
      415 min
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    2304 Arkansas Ave
    Russellville, AR 72802-2218
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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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