Gas Station on Hard
For Sale
Contact for pricing
1501 N College Ave, Fayetteville, AR 72703
Signalized corner property with substantial roadway exposure along a high-volume commercial corridor.
Property Size2,480 SF
Price / SF$403.23
Days on Market124
Property Features for 1501 N College Ave
General Information
Standard status
Active
Size
2,480 SF
Property subtype
RETAIL
Site & Location
Traffic Count
28,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Kelley Commercial Partners - Springdale
(479) 443-8002
Listed By:
Jackson Moore · License ##SA00081924
(501) 951-6300
Source:
Moodyscre
Added: Jun 15
Changed: Oct 11
Last Checked: Oct 14 at 9:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelley Commercial Partners - Springdale
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Investment Insights
Based on property information with market context.
This 2,480-square-foot gas station property occupies a signalized corner at 1501 N College Ave in Fayetteville, Arkansas. The site includes 200 feet of frontage along HWY 71, also identified as N College Ave.
Traffic volume is reported at 28,000 VPD, providing measurable exposure along the roadway. The hard-corner position and traffic-light access define the property's primary physical characteristics.
Traffic volume is reported at 28,000 VPD, providing measurable exposure along the roadway. The hard-corner position and traffic-light access define the property's primary physical characteristics.
Key Highlights
- Gas station property totaling 2,480 square feet
- 200 ft of Frontage on HWY 71 (N College Ave)
- Hard corner with traffic light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,270
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,400
$625.4K
Cap Rate 7%
$446,714
$446.7K
Cap Rate 9%
$347,444
$347.4K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$44.6K $18.00/SF
− Vacancy
−$2.9K −$1.19/SF
EGI
$41.7K $16.81/SF
− OpEx
−$10.4K −$4.20/SF
NOI
$31.3K $12.61/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,400
Cap Rate 7%
$446,714
Cap Rate 9%
$347,444
Alternative Uses
Best Use
Specialty Retail
$446.7K
$390.9K – $521.2K
NOI $31,270 @ 7.0% cap · market cap 3.13%
Second Best
Retail
$416.9K
$364.8K – $486.4K
NOI $29,186 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$665.7K
$582.5K – $776.6K
NOI $46,597 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
28,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 74%
Shops & Services 19%
Home Improvements & Furnishings 5%
Electronics 2%
McDonald's
Dining
21,770 visits/mo
0.1 miles
Einstein Bros Bagels
Dining
9,813 visits/mo
0.1 miles
Dollar Tree
Shops & Services
9,252 visits/mo
0.2 miles
Cheba Hut
Dining
8,293 visits/mo
0.4 miles
Summer Moon Coffee
Dining
6,468 visits/mo
0.1 miles
Demographics for 72703, AR
33,767
Population
17,202
Households
2
Avg Household Size
33
Median Age
49%
College-Educated
96%
High-School Grad
40.2 sq mi
ZIP Area
840
Density / Sq Mi
$60,232
Median Household Income
$39,190
Median Earnings
$958
Median Rent
$341,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - Signalized corner property with substantial roadway exposure along a high-volume commercial corridor.
Where is this gas station located?
The property is located at 1501 N College Ave Fayetteville, AR.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Gas station property totaling 2,480 square feet; 200 ft of Frontage on HWY 71 (N College Ave); Hard corner with traffic light
