Property profile

407 Arkansas Ave Russellville, AR 72801

OFF-MARKET
Community centers
Property ID
US05-0641328
126,294 SF 9.1 ac lot Built 1976
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 407 N Arkansas Ave in Russellville, Arkansas (zip code 72801), presents a unique investment opportunity. Currently configured as a shopping center with warehouse subtype, the property offers two immediately available spaces ideal for a variety of businesses. The property benefits from a high-traffic location at a signalized intersection, enhanced by prominent pylon and signage. While the total square footage is currently unavailable, the available spaces are in high demand. This thriving shopping center boasts a diverse tenant mix, including childcare, beauty care, and religious institutions, ensuring a broad customer base for new businesses. The property's central location within Russellville makes it an attractive option for both large and small enterprises seeking a vibrant and established commercial environment. This is a rare chance to establish or expand your business in a prime Russellville location. Don't miss this opportunity to secure one of the last two available spaces.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1976
Total area 126,294 SF
Lot 9.1 ac (396,396 SF)
APN 851-00158-001C
UPID US05-0641328

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Cosmetic Store
  • (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
  • Church
  • Family Recreation Center

Location

407 Arkansas Ave Russellville, AR 72801-3934
Russellville metro Census 951400 RUSSELLVILLE, AR MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$650k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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