3024 N Market Avenue, Fayetteville, AR 72703
Concrete-block office building with a flat roof update and parking capacity suited for tenants and visitors.
- Added:
- May 28, 2026
- Days on Market:
- 40
- Last Refresh:
- Jun 15 at 4:54 am
Property Features for 3024 N Market Avenue
General Information
- Standard status
- Active
- Size
- 7,825 SF
- Property subtype
- Office
Building Details
- Year Built
- 1976
Listing office Hillcrest Real Estate Group, LLC (479) 283-2258
Listing date May 28, 2026
Source Xome
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 Hillcrest Real Estate Group, LLC
HighLights
- Concrete‑block office building built in 1976 with a Firestone synthetic flat roof (2008)
- Parking for 19 spaces in the front plus 3–4 spaces in the rear (concrete parking)
- Multiple utility meters: six electric and six gas meters, plus one water meter
- Easy access to Highway 71 (College Ave.), Interstate‑49, and Highway 265 (Crossover Rd)
- Landmark property known since its construction in 1976
Overview
The building is located at 3024 N Market Avenue in Fayetteville, Arkansas, with convenient access to Highway 71 (College Ave.), Interstate 49, and Highway 265 (Crossover Rd.). This setup supports straightforward travel for employees, customers, and service traffic.
For buyers evaluating an office investment or owner-occupied option, the property’s durable concrete block construction, updated flat roofing, and on-site parking provide a practical foundation for a range of office uses. Utility metering with multiple electric and gas meters can support tenant separation and operational flexibility. Financial information is available to qualified buyers upon request.
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 | $169.0k | $21.60 |
| − Vacancy | −$11.5k | −$1.47 |
| EGI | $157.5k | $20.13 |
| − OpEx | −$39.4k | −$5.03 |
| NOI | $118.1k | $15.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.1434448
- Latitude
- 36.1065543
