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    Property profile & analytics

    500 Main St Russellville, AR 72801-3602

    • Office buildings
    • 22,912 SF
    • 0.49 lot acres
    OFF-MARKET
    Value Estimation
    $1,160,000
    Last Sale
    Apr 10, 2023
    $1,200,000
    Location Intelligence
    Property ID
    US05-0704835
    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

    • Kayla Parton, Arkansas Real Estate Collective / Real Estate Agent
    • GEOTREAD / Aerial Photographer / Mapping Service
    • Coldwell Banker James R. Ford & Associates: Christopher Hodge / Real Estate Agent
    • Yvonda Kissinger - Coldwell Banker James R. Ford & Associates / Real Estate Agent
    • Lisa Morrison, Certified Life Coach / Life Coach

    Property Details for 500 Main St

    Year built
    1900
    Lot size
    0.49 lot acres
    Property size
    22,912 SF
    Property type
    Office buildings
    APN
    800-00056-000C
    APU
    80000056000C

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,145,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,095,000
      6.5%
      $1,120,000
      7%
      $1,205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,255,000
      Geo Method
      $1,180,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,045,000
      Retail
      $1,245,000
      Mixed-Use
      $1,425,000
      Hospitality
      $1,385,000
      Educational
      $1,330,000
      Residential Income
      $1,160,000
      Energy
      $1,380,000
      Income-Based Land
      $1,070,000
      Food Service
      $1,335,000

    Location Insight

    • Map
    • Local Demand
    City
    Russellville
    County
    Pope
    State
    Arkansas
    Longitude
    -93.1376
    Latitude
    35.2797
    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
    $6,144
    $29,900
    $103,380
    $133,280
    -
    $149,500
    $516,900
    $666,400

    Comparable in this City

    • Value Estimation by Request
      2,104 SF

      127 2nd St

      OFFICE BUILDING • 2,104 SF
      127 2nd St, Russellville, AR 72801-5143
      View Details
    • Value Estimation by Request
      2,792 SF

      111 Arkansas Ave

      OFFICE BUILDING • 2,792 SF
      111 Arkansas Ave, Russellville, AR 72801-5006
      View Details
    • Value Estimation by Request
      9,000 SF

      915 Main St

      OFFICE BUILDING • 9,000 SF
      915 Main St, Russellville, AR 72801-3515
      View Details
    • Value Estimation by Request
      1,200 SF

      329 Commerce Ave

      OFFICE BUILDING • 1,200 SF
      329 Commerce Ave, Russellville, AR 72801-5958
      View Details
    • Value Estimation by Request
      2,004 SF

      118 2nd St

      OFFICE BUILDING • 2,004 SF
      118 2nd St, Russellville, AR 72801-5101
      View Details
    • Value Estimation by Request
      1,763 SF

      2nd St At S Utica Ave

      OFFICE BUILDING • 1,763 SF
      2nd St At S Utica Ave, Russellville, AR 72801
      View Details

    Similar Nearby for Sale

    • $645,000
      3,678 SF

      Versatile Office Space on Main

      Prime commercial property with great visibility and convenient access.
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      View Details
    • $1,200,000
      5,272 SF

      Russellville Medical/Dental Office Building

      Office building near Saint Mary's Hospital, suitable for medical or business.
      220 N Phoenix Ave, Russellville, AR 72801
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    • $1,200,000
      12,400 SF

      West Russellville Commercial Complex

      Well-maintained commercial complex in a high-traffic location.
      2621 W Main St, Russellville, AR 72801
      View Details
    • $237,000
      1,220 SF

      Charming Office Building, Russellville AR

      Well-maintained office building on a high-traffic corner lot.
      1230 W Main St, Russellville, AR 72801
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    • $525,000
      3,375 SF

      Russellville Office Building For Sale

      Centrally located commercial space near ATU, I-40, and Downtown.
      1111 N Arkansas Ave, Russellville, AR 72801
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    • $4,350,000
      9,552 SF

      Russellville Medical Office Complex

      9,552 SF Office & 6 Acres Land
      220 John Babish Ln, Russellville, AR 72801
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      9,300 SF

      Russellville Medical Office Space

      Prime 6,000 sq ft office, fully customizable.
      3209 Main Pl, Russellville, AR 72801
      View Details
    • $20 SF/Yr
      10,660 SF

      Russellville Retail Center - Prime Location

      High-traffic retail space available in Russellville, AR.
      319 Weir Rd, Russellville, AR 72801
      View Details
    • Contact for pricing
      1,461 SF

      Commercial Space Near Arkansas Tech

      Commercial space for lease near Arkansas Tech University.
      535 N El Paso Ave, Russellville, AR 72801
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space Near Arkansas Tech

      Retail space in mixed-use complex, near Arkansas Tech University.
      401 N Independence Ave, Russellville, AR 72801
      View Details
    • Contact for pricing

      Commercial Land for Lease

      0.84 acres of commercial land available for ground lease.
      1109 W Main St, Russellville, AR 72801
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space For Lease

      Retail space available for lease in Russellville, Arkansas.
      224 Jonesboro Ave, Russellville, AR 72801
      View Details
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    500 Main St
    Russellville, AR 72801-3602
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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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