Three-Building Warehouse
For Sale
$1,895,000
3513 Martin Luther King Jr Boulevard, Fayetteville, AR 72704
CommercialSale, Fayetteville, AR
Property Size13,127 SF
Lot Size2.22 Acres
Price / SF$144.36
Days on Market819
Property Features for 3513 Martin Luther King Jr Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Going west on MLK property is on the left past Lowe's.
Standard status
Active
APN
765-14792-000
Size
13,127 SF
Lot size
2.22 Acres
Taxes and HOA fees
Tax Description
Legal in file
Tax Annual Amount
7255
Legal Description
Legal in file
Building Details
Year built
1971
Listing Agency:
Arkansas Heritage Realty
Listed By:
Will Schmidt · License #PB00057734
(479) 521-2252
Added: Jul 10, 2024
Changed: Sep 2
Last Checked: Oct 6 at 7:06AM
MLS# 1280966
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.
Investment Insights
Based on property information with market context.
This industrial property contains three warehouse buildings totaling 13,127 square feet on 2.22 acres. Constructed in 1971, the buildings are currently occupied by tenants, providing an operating warehouse configuration rather than vacant space.
Two tenant agreements are month-to-month, while the third extends beyond a month-to-month arrangement. The property fronts a major road in Fayetteville, Arkansas. Showings are restricted until an accepted contract is in place.
Two tenant agreements are month-to-month, while the third extends beyond a month-to-month arrangement. The property fronts a major road in Fayetteville, Arkansas. Showings are restricted until an accepted contract is in place.
Key Highlights
- Three tenant‑occupied warehouse buildings
- 13,127 square feet of warehouse space
- 2.22‑acre industrial property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,380
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,607,600
$1.6M
Cap Rate 7%
$1,148,286
$1.1M
Cap Rate 9%
$893,111
$893.1K
Market Conditions
NOI Build-Up for 13,127 SF
Gross rent
$105.5K $8.04/SF
− Vacancy
−$11.0K −$0.84/SF
EGI
$94.6K $7.20/SF
− OpEx
−$14.2K −$1.08/SF
NOI
$80.4K $6.12/SF
Area
Washington County, AR
Vacancy
10.40%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,607,600
Cap Rate 7%
$1,148,286
Cap Rate 9%
$893,111
Alternative Uses
Best Use
Warehouse
$1.15M
$1.00M – $1.34M
NOI $80,380 @ 7.0% cap · market cap 4.24%
Second Best
Industrial
$1.10M
$959.3K – $1.28M
NOI $76,746 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$3.52M
$3.08M – $4.11M
NOI $246,645 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- The Hogpen Parking and Storage — 3595 M.L.K. Jr Blvd, Fayetteville, AR 72704
- Hall's Junk Removal and Hauling — 1190 SE Farmers Dr, Fayetteville, AR 72701
- AAA Self Storage — 2712 M.L.K. Jr Blvd, Fayetteville, AR 72704
Frequently Asked Questions
What type of property is this?
Warehouse - Tenant-occupied industrial property with multiple warehouse buildings and a blend of month-to-month and longer-term occupancy.
Where is this warehouse located?
The property is located at 3513 Martin Luther King Jr Boulevard Fayetteville, AR.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Three tenant‑occupied warehouse buildings; 13,127 square feet of warehouse space; 2.22‑acre industrial property
