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    Property profile & analytics

    1280 E Stearns St Fayetteville, AR 72703

    • Office buildings
    • 19,040 SF
    • 0.48 lot acres
    For Lease
    View listing
    $20 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-0768497
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Prime Title / Title Company / Real Estate Attorney
    • Sims & Renner Insurance / Insurance Agency
    • Crye-Leike Realtors / Real Estate Agency
    • Dandy Real Estate - Brian Dandy Crye-Leike Realtor / Real Estate Agency
    • Sloan Scroggin, Homesofnwa / Real Estate Agency

    Property Details for 1280 E Stearns St

    Year built
    2008
    Lot size
    0.48 lot acres
    Property size
    19,040 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    765-18637-000
    APU
    76518637000

    Description

    This exceptional 13,000-square-foot medical office building, located at 1280 E Stearns St in Fayetteville, Arkansas, presents a unique leasing opportunity. The entire building is currently vacant and available for lease, offering a single tenant the opportunity to occupy the entire space, or the property can be subdivided to accommodate a minimum of 10,150 square feet. The property is classified as both retail and office space, making it suitable for a variety of medical uses. Situated in Washington County, this prime location offers excellent visibility and accessibility for patients and staff. The building's total square footage is 13,000 square feet, providing ample space for a large practice or multiple medical tenants. The address is 1280 E Stearns St, Fayetteville, AR 72703. This is a multi-tenant building, although the entire space is currently available. The property's convenient location and substantial size make it an ideal choice for medical professionals seeking a prominent presence in the Fayetteville market. Interested parties should inquire about lease terms and conditions. The property is ready for immediate occupancy. This is a rare opportunity to secure a significant medical office space in a thriving Arkansas community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,306,000
      Market price range: $2.07M - $4.06M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,015,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1407
    Latitude
    36.1241
    CBSA code
    22220
    CBSA name
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $23,114
    $43,820
    $480,000
    $523,820
    -
    $219,100
    $2,400,000
    $2,619,100

    Comparable in this City

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      2325 College Ave

      OFFICE BUILDING • 2,890 SF
      2325 College Ave, Fayetteville, AR 72703-2806
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      2142 College Ave

      OFFICE BUILDING • 3,852 SF
      2142 College Ave, Fayetteville, AR 72703-2801
      View Details
    • Value Estimation
      $1,715,000
      16,720 SF

      91 Colt Sq Dr

      OFFICE BUILDING • 16,720 SF
      91 Colt Sq Dr, Fayetteville, AR 72703-2814
      View Details
    • Value Estimation
      $2,300,000
      8,484 SF

      3887 Crossover Rd

      OFFICE BUILDING • 8,484 SF
      3887 Crossover Rd, Fayetteville, AR 72703-4584
      View Details
    • Value Estimation
      $1,250,000
      5,749 SF

      4222 Gabel Dr

      OFFICE BUILDING • 5,749 SF
      4222 Gabel Dr, Fayetteville, AR 72703-5004
      View Details

    Similar Nearby for Sale

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      Fayetteville Office Investment Opportunity

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      Fayetteville Office Building For Sale

      Fully leased office building in prime Fayetteville location.
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      Move-in Ready Fayetteville Office Building

      Well-maintained office building on 0.69 acres in East Fayetteville.
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      Fayetteville Office Building For Sale

      24,360 SF Fayetteville office building on 1.4 acres.
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    Similar Nearby for Lease

    • Contact for pricing
      52,000 SF

      Class A Office Building Space

      Class A office space available for lease in Fayetteville.
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    • $32 SF/Yr
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      Modern Office Building in Fayetteville

      Planned Class A office building with high parking ratio.
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    • $27 SF/Yr
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      Fayetteville Office Space Available

      Office space available for lease in Fayetteville, Arkansas.
      2649 E Mission Blvd, Fayetteville, AR 72703
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    • $18 SF/Yr
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      Versatile Commercial Space in Fayetteville

      High-traffic commercial space suitable for retail, office, or events.
      2217 N College Ave, Fayetteville, AR 72703
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    • $19 SF/Yr
      10,415 SF

      Fayetteville Retail Space Available

      Prime Fayetteville location, 1,056 sq ft available.
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    • $25 SF/Yr
      8,142 SF

      Fayetteville Office Space Available

      Office space available for lease in Fayetteville, Arkansas.
      302 E Millsap Rd, Fayetteville, AR 72703
      View Details
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    Fayetteville, AR 72703
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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