Sold for $400,000

$400,000

2706 Old Highway 124, Russellville, AR 72802

4beds

2,104sqft

Single Family Residence

Built in 1970

2.85 Acres Lot

$401,700 Zestimate^®

$190/sqft

$1,734 Estimated rent

Home value

$401,700

$370,000 - $434,000

$1,734/mo

Zestimate^® history

Owner options

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$1,734/mo

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$1,734/mo

Rent Zestimate^®

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$2,399/mo

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$2,399/mo

Est. payment

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What's special

Prime Commercial Opportunity – High-Visibility Zoned C2 Property This 2.85-acre commercial property offers a rare opportunity in a highly visible, easily accessible location. Zoned C2, it supports a wide range of business uses. Positioned along Highway 124 off exit 83 Weir Rd with 520 feet of highway frontage, the property provides outstanding exposure. With an ARDot daily traffic count of approximately 12,700 vehicles, your business will benefit from steady visibility and drive-by traffic. Located just ½ mile North of Interstate 40, the site offers convenient access for local and regional customers—ideal for retail, restaurant, or service-based businesses. Septic is on site and city water is available, helping reduce development costs. Additionally, the property includes a Newly Remodeled 4-bedroom, 2,104 Sqft, 2½-bath rental home generating $1,300 per month in income—adding immediate cash flow to this prime commercial investment opportunity.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Electric Oven, Electric Water Heater, Refrigerator

Features

Other
Flooring: Carpet
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 2,104
Total interior livable area: 2,104 sqft

Property

Features

Levels: One
Stories: 1
Exterior features: Concrete Driveway
Fencing: None
Waterfront features: None

Lot

Size: 2.85 Acres
Features: Central Business District, Cleared, Corner Lot

Details

Additional structures: None
Parcel number: 94700041000R
Zoning description: Commercial
Wooded area: 0

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Crawlspace
Roof: Architectural,Shingle

Condition

New construction: No
Year built: 1970

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Available, Septic Available, Water Available

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: None

Location

Region: Russellville

Financial & listing details

Price per square foot: $190/sqft
Tax assessed value: $151,520
Annual tax amount: $788
Date on market: 2/27/2026
Cumulative days on market: 97 days

Price history

Date	Event	Price
6/24/2026	Sold	$400,000-20%$190/sqft
Source: ArkansasOne MLS #1337526 Report a problem
2/27/2026	Listed for sale	$499,900+284.5%$238/sqft
Source: ArkansasOne MLS #1337526 Report a problem
6/8/2020	Sold	$130,000+36.8%$62/sqft
Source: Public Record Report a problem
8/30/1996	Sold	$95,000$45/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$789 -9.6%	$30,304 +6.2%
2024	$872 -7.9%	$28,530
2023	$947 -5%	$28,530
2022	$997	$28,530
2021	$997 +25.8%	$28,530 +18.8%
2020	$793 -32.1%	$24,010
2019	$1,168	$24,010
2018	$1,168	$24,010
2017	$1,168 +7.9%	$24,010 +8.5%
2016	$1,082	$22,120 +10%
2015	$1,082 +9.2%	$20,110 -2.8%
2014	$991 +8%	$20,690 +2.2%
2013	$917	$20,250 -2.1%
2012	--	$20,690
2011	--	$20,690 -2.3%
2010	--	$21,180
2009	--	$21,180 +14.5%
2008	--	$18,500
2007	--	$18,500
2006	--	$18,500 +0.3%
2005	--	$18,440
2004	--	$18,440
2003	--	$18,440
2002	--	$18,440 +60.1%
2001	--	$11,520

Find assessor info on the county website

Neighborhood: 72802

Nearby homes

Nearby schools

GreatSchools rating

10/10
Center Valley Elementary School
Grades: PK-4Distance: 2.3 mi
6/10
Russellville Jr. High School
Grades: 8-9Distance: 2.8 mi
6/10
Russellville High School
Grades: 9-12Distance: 3 mi

Schools provided by the listing agent

District: Russellville

Source: ArkansasOne MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.