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    71 Colt Square Dr Fayetteville, AR 72703

    For Sale
    $825,000

    Prime Fayetteville location, versatile office space, expansion potential.

    Property size:
    3,041 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This well-maintained 3,041 square foot office building sits on a 0.76-acre lot in the heart of Fayetteville, Arkansas. Its convenient location offers easy access to College Avenue and Interstate 49, placing it within reach of the city's vibrant commercial center and its extensive network of walking and biking trails. The building currently features a spacious, open central area surrounded by several individual offices, previously configured as a veterinary clinic. This adaptable layout lends itself to a variety of uses, making it ideal for businesses seeking flexible workspace. The property's significant advantage lies in its potential for expansion. The 0.76-acre lot allows for the construction of a second building, subject to city planning approvals and easement considerations. A large fenced area at the rear of the property adds further versatility, potentially suitable for outdoor activities related to a variety of businesses. The building's central location, combined with its adaptable interior and expansion possibilities, presents a compelling opportunity for businesses seeking a prominent Fayetteville address and the potential for future growth. The asking price for this exceptional property is $825,000.

    Property Features for 71 Colt Square Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,041 SF
    Lot Size
    33,106 SF

    Building Details

    Year Built
    1989
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.15546
    Latitude
    36.09347

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Fayetteville location, versatile office space, expansion potential.
    Where is this commercial real estate located?
    The property is located at 71 Colt Square Dr Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $825,000.
    (479) 521-0220
    Request Owner's contact information
    71 Colt Square Dr Fayetteville, AR 72703
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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
    71 Colt Square Dr Fayetteville, AR 72703
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