College Avenue Retail
1617 N College Ave, Fayetteville, AR 72704
For Sale
Contact for pricing
Retail premises positioned along North College Avenue in Fayetteville, Arkansas.
Property Size665 SF
Price / SF$0.03
Days on Market52
Property Features for 1617 N College Ave
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Bassett Mix And Associates, Inc
Listed By:
Brooke Hernandez
(479) 366-0149
Source:
District3
Added: Sep 22
Changed: Nov 10
Last Checked: Nov 10 at 8:05AM
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 Bassett Mix And Associates, Inc
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Investment Insights
Based on property information with market context.
This retail property is located at 1617 N College Ave in Fayetteville, Arkansas. The building dates to 1967 and is identified for retail use.
Key Highlights
- Retail property at 1617 N College Ave
- Located in Fayetteville, Arkansas
- Building constructed in 1967
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,826
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,520
$156.5K
Cap Rate 7%
$111,800
$111.8K
Cap Rate 9%
$86,956
$87.0K
Market Conditions
NOI Build-Up for 665 SF
Gross rent
$12.0K $18.00/SF
− Vacancy
−$790 −$1.19/SF
EGI
$11.2K $16.81/SF
− OpEx
−$3.4K −$5.04/SF
NOI
$7.8K $11.77/SF
Area
Washington County, AR
Vacancy
6.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$156,520
Cap Rate 7%
$111,800
Cap Rate 9%
$86,956
Alternative Uses
Best Use
Retail
$111.8K
$97.8K – $130.4K
NOI $7,826 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$178.5K
$156.2K – $208.3K
NOI $12,495 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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 72704, AR
31,145
Population
14,098
Households
2.2
Avg Household Size
31
Median Age
55%
College-Educated
96%
High-School Grad
77.0 sq mi
ZIP Area
404
Density / Sq Mi
$88,991
Median Household Income
$51,341
Median Earnings
$1,163
Median Rent
$301,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Washington County, AR
Properties on Market for Retail space in Washington County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail premises positioned along North College Avenue in Fayetteville, Arkansas.
Where is this retail space located?
The property is located at 1617 N College Ave Fayetteville, AR.
What are key features of this property?
This property features: Retail property at 1617 N College Ave; Located in Fayetteville, Arkansas; Building constructed in 1967
