Property profile

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

OFF-MARKET
Retail properties & Spaces
1,304 SF 1.38 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Total area 1,304 SF
Lot 1.38 ac (60,113 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3300 M.l.k. Jr Blvd Fayetteville, AR 72704
Fayetteville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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