3024 N Market Avenue, Fayetteville, AR 72703
SINGLE_FAMILY - Fayetteville, AR
- Added:
- Jun 1, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 8 at 1:06 pm
Property Features for 3024 N Market Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Parking
- 19
- Standard status
- Active
- APN
- 765-03997-000
- Size
- 7,825 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Description
- Lot 2, College Market Addition
- Tax Annual Amount
- 10822
Building Details
- Year built
- 1976
- Floors in Building
- 1
- Number of units
- 6
Listing agent Bob Hill License #PB00047670 (479) 283-2258
Listing office Hillcrest Real Estate Group, LLC 418 W Meadow St, Fayetteville, AR (479) 443-4313
Listing date Jun 1, 2026
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Landmark property built in 1976 with concrete block construction and a flat roof
- Flat roof includes Firestone synthetic material installed in 2008
- Concrete parking area includes 19 front spaces and 3–4 rear spaces
- Utilities metering includes six electric and six gas meters, plus one water meter
- Easy access to Highway 71 (College Ave.), Interstate‑49, and Highway 265 (Crossover Rd)
Overview
The property is located at 3024 N Market Avenue in Fayetteville, Arkansas, Washington County. It offers easy access to Highway 71 (College Ave.), Interstate 49, and Highway 265 (Crossover Rd.), supporting convenient arrival for employees, customers, and vendors.
This building’s utility configuration includes six electric meters, six gas meters, and one water meter, which may support multiple billing arrangements or tenant metering depending on the intended use. With its established office building improvements and dedicated parking, the Trumbo Building is suited for professional office tenants and buyers seeking a concrete block, landmark property with clearly defined on-site vehicle storage. 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
- -94.143427
- Latitude
- 36.106502
