Flex Space with
For Sale
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2887 N College Ave, Fayetteville, AR 72703
Office-oriented flex space with a garage, roller door, and UC zoning for varied commercial uses.
Property Size1,284 SF
Price / SF$0.01
Days on Market78
Property Features for 2887 N College Ave
General Information
Standard status
Active
Size
1,284 SF
Property subtype
Commercial
Zoning
UC
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
1
Building Details
Year Built
1979
Listing Agency:
Lindsey & Associates Inc
Listed By:
Brooke Hernandez
(479) 366-0149
Source:
District3
Added: Aug 1
Changed: Oct 15
Last Checked: Oct 16 at 8:30AM
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 Lindsey & Associates Inc
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Investment Insights
Based on property information with market context.
This 1,284 SF flex suite combines substantial office area with an attached garage and roller door, supporting businesses that need both administrative workspace and vehicle or equipment access. Constructed in 1979, the property is designated UC (Urban Corridor), a commercial zoning classification that accommodates a broad range of uses.
The site fronts N. College Avenue and records traffic of 33,000 vehicles per day. Ingress and egress are available from the corridor, with Hwy 71B approximately 1 mile away and I-49 approximately 1.6 miles away. Downtown Fayetteville is also nearby, providing access to the city’s central business environment.
The site fronts N. College Avenue and records traffic of 33,000 vehicles per day. Ingress and egress are available from the corridor, with Hwy 71B approximately 1 mile away and I-49 approximately 1.6 miles away. Downtown Fayetteville is also nearby, providing access to the city’s central business environment.
Key Highlights
- 1,284 SF flex suite with office space and an attached garage
- Roller door provides direct access to the garage area
- UC (Urban Corridor) zoning supports a broad range of commercial uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,730
Suggested Prices Based on Cap Rates
Cap Rate 5%
$134,600
$134.6K
Cap Rate 7%
$96,143
$96.1K
Cap Rate 9%
$74,778
$74.8K
Market Conditions
NOI Build-Up for 1,284 SF
Gross rent
$11.6K $9.00/SF
− Vacancy
−$1.2K −$0.94/SF
EGI
$10.4K $8.06/SF
− OpEx
−$3.6K −$2.82/SF
NOI
$6.7K $5.24/SF
Area
Washington County, AR
Vacancy
10.40%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$134,600
Cap Rate 7%
$96,143
Cap Rate 9%
$74,778
Alternative Uses
Best Use
Office B
$276.9K
$242.3K – $323.1K
NOI $19,386 @ 7.0% cap · market cap 193,860.00%
Second Best
Industrial
$107.2K
$93.8K – $125.1K
NOI $7,507 @ 7.0% cap · market cap 75,070.00%
Theoretical Best
Office A
$344.6K
$301.6K – $402.1K
NOI $24,125 @ 7.0% cap · market cap 241,250.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,438
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Zanzibar Kitchen — 50 1/2, E Township St, Fayetteville, AR 72703
- Event Group Catering — 2418 N Gregg Ave #5, Fayetteville, AR 72703
Frequently Asked Questions
What type of property is this?
Flex space - Office-oriented flex space with a garage, roller door, and UC zoning for varied commercial uses.
Where is this flex space located?
The property is located at 2887 N College Ave Fayetteville, AR.
What are key features of this property?
This property features: 1,284 SF flex suite with office space and an attached garage; Roller door provides direct access to the garage area; UC (Urban Corridor) zoning supports a broad range of commercial uses
