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    2217 College Ave Fayetteville, AR 72703

    Sponsored
    For Lease
    $16 SF/Yr

    19,286 sq ft, Multi-Tenant, High Traffic

    Lot size:
    19,286 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Fayetteville property at 2217 N College Ave offers a rare opportunity for businesses seeking versatile space. Currently configured as a creative office and coworking space, this 19,286 square foot building presents significant potential for a variety of uses. The property is ideally suited for retail, office, or even a restaurant, given its high-traffic location surrounded by commercial businesses, residential areas, and schools. Ample parking is available for tenants and customers. The building boasts convenient rear access to Green Acres Road, enhancing accessibility and logistics. The owner is willing to subdivide the space to accommodate various business needs and sizes. This adaptable property presents a unique chance to establish a thriving business in a prime Fayetteville location. The building's existing layout is easily repurposed to meet the specific requirements of a diverse range of tenants. Its strategic location and flexible design make it an attractive investment opportunity. The property is located in Washington County, Arkansas, with a zip code of 72703.

    Property Features for 2217 College Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,286 SF

    Unit(s) available at that property

    Space
    Suite 1
    Size
    19,286 SF
    Rate per SF
    $16
    Property Profile Location Intelligence

    Current Use by Public Records

    Mermaids Seafood Restaurant, ... Caterer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.153485883197
    Latitude
    36.091877250562

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    FAQs

    What type of property is this?
    Restaurant - 19,286 sq ft, Multi-Tenant, High Traffic
    Where is this restaurant located?
    The property is located at 2217 College Ave Fayetteville, AR.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    Request Owner's contact information
    2217 College Ave Fayetteville, AR 72703
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    Fayetteville, AR 72703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2217 College Ave Fayetteville, AR 72703
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