College Avenue Commercial Building For
2227 N College Avenue Fayetteville, AR 72703
2227 N College Avenue, Fayetteville, AR, 72703
$775,000
For Sale
$775,000
3,447 SF building on College Ave with high visibility.
Property Size3,447 SF
Lot Size0.47 Acres
Price / SF$224.83
Days on Market137
Property Features for 2227 N College Avenue
General Information
- Standard status
- Active
- Size
- 3,447 SF
- Lot size
- 0.47 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1957
Listing agency
SoHo eXp NWA Branch
(479) 871-9227
Listed by
Soho NWA
(479) 871-9227
Source
Exitrealty
Added: Mar 7 Updated: Jul 10 at 3:55PM Checked: Jul 22 at 9:10AM
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 SoHo eXp NWA Branch
Investment Insights
Based on property information with market context.
This 3,447 square foot building, constructed in 1957, offers high visibility on College Avenue with a daily traffic count of 29,000. The property features functional workspace with mid-century design elements, including natural light, original hardwood floors, and built-ins. Its flexible layout can accommodate up to 10 private offices or studios, serve as a headquarters for an owner-occupant business, or be adapted for other uses. Situated on a 0.47-acre lot, the property includes a large fenced backyard, providing flexibility for outdoor applications, future expansion, or additional parking. This property presents an opportunity to establish a visible presence in Fayetteville.
Key Highlights
- High‑visibility location on College Ave with 29,000 daily traffic count.
- Large .47 acre lot with fenced backyard offering flexibility.
- 3,447 sqft building with flexible layout suitable for offices, studios, or headquarters.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.5k | $21.60 |
| − Vacancy | −$5.1k | −$1.47 |
| EGI | $69.4k | $20.13 |
| − OpEx | −$17.3k | −$5.03 |
| NOI | $52.0k | $15.10 |
3,447 SF · lease $21.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$743.5K
$650.6K – $867.4K
NOI $52,044 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$925.2K
$809.6K – $1.08M
NOI $64,766 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kaminsky Jo Ann
Counselor
The Art Experience, Inc.
Theater & Performing Art Venue
Kaminsky Studio
Artist
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FAQs
What type of property is this?
Office building - 3,447 SF building on College Ave with high visibility.
Where is this office building located?
The property is located at 2227 N College Avenue Fayetteville, AR.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: High‑visibility location on College Ave with 29,000 daily traffic count.; Large .47 acre lot with fenced backyard offering flexibility.; 3,447 sqft building with flexible layout suitable for offices, studios, or headquarters.
