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    3300 M.l.k. Jr Blvd Fayetteville, AR 72704

    For Sale
    $725,000

    High-traffic location, income-producing retail space.

    Property size:
    1,304 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,304 square foot storefront, located at 3300 W Martin Luther King Jr Blvd in Fayetteville, Arkansas, presents a compelling investment opportunity. Situated on a 1.38-acre lot, this C-2 zoned property boasts approximately 232 feet of frontage on W Martin Luther King Jr Blvd, a high-traffic artery with a daily traffic count of 44,000 vehicles. The property enjoys superb visibility, positioned near major retailers such as Lowe's, Walmart, and Aldi, ensuring consistent foot traffic and brand recognition. Currently leased, generating $2,700 per month in rental income, increasing to $2,800 per month in December 2023, this property offers immediate return on investment. The building itself is well-maintained, featuring a new roof, air conditioning system, gutters, and siding. Its convenient location offers easy access to Interstate 49 and the University of Arkansas, further enhancing its appeal. The property backs up to the newly constructed Centennial Park, providing a pleasant backdrop and potential for increased foot traffic. This property is ideal for an investor seeking a stable income stream or a developer looking for redevelopment potential in a prime Fayetteville location. The asking price is $725,000. Zip code: 72704.

    Property Features for 3300 M.l.k. Jr Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,304 SF
    Lot Size
    60,113 SF

    HighLights

    • Approx. 232 feet of frontage on high‑traffic W Martin Luther King Jr. Blvd (44,000 CPD).
    • Superb visibility near Lowe's, Walmart, and Aldi.
    • $2,700/month current lease, increasing to $2,800/month in December 2023.
    • Recently renovated building with new roof, AC, gutters, and siding.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.2075654
    Latitude
    36.05091

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic location, income-producing retail space.
    Where is this individual retail property located?
    The property is located at 3300 M.l.k. Jr Blvd Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: Approx. 232 feet of frontage on high-traffic W Martin Luther King Jr. Blvd (44,000 CPD).; Superb visibility near Lowe's, Walmart, and Aldi.; $2,700/month current lease, increasing to $2,800/month in December 2023.
    Request Owner's contact information
    3300 M.l.k. Jr Blvd Fayetteville, AR 72704
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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
    3300 M.l.k. Jr Blvd Fayetteville, AR 72704
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