619 Main StRussellville, AR 72801

  • Auto shops
  • 3,600 SF
For Sale
$750,000 View listing

Property Details for 619 Main St

Year built
1984
Lot size
0.30 AC
Property size (Sq ft)
3,600 SF
Property type
Auto shops
APN
758-00152-000C
APU
75800152000C

Description

This exceptional business opportunity is located at 619 Main Street in the thriving city of Russellville, Arkansas. Situated on a sizable 0.3-acre lot, this property presents significant potential for a variety of commercial ventures. The asking price is $750,000. While the exact square footage is currently unavailable, the substantial lot size offers ample space for development or expansion. The property's prime location on Main Street ensures high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. Russellville's robust economy and growing population provide a fertile ground for commercial success. This property represents a rare chance to acquire a strategically located asset in a dynamic market. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this exceptional commercial offering. The property is being sold as-is. Further details regarding the property's specifics are available upon request. Don't miss this opportunity to establish your business in a prime Russellville location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $461,313
    6.5%
    $425,828
    7%
    $395,411
  • Comparable approach

    Method
    Valuation
    Relative Method
    $648,920
    Geo Method
    $648,920
  • Alternative Use

    Use
    Valuation
    Residential
    $359,202
    Hospitality
    $329,027
    Educational
    $273,746
    Medical
    $283,161
    Retail
    $425,828
619 Main St, Russellville, Arkansas

Location Insight

City
Russellville
County
Pope
State
Arkansas
Latitude
35.2788
Longitude
-93.126
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
$1,346
$17,560
$11,630
$29,190
-
$87,800
$58,150
$145,950

FAQs

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