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    FOR SALE
    Office buildings

    3024 N Market Ave, Fayetteville, AR 72703

    7,825 SF 0.48 ac lot Built 1976
    Entity Owned 11-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-1778971
    3024 N Market Ave, Fayetteville, AR 72703 For Sale
    $1,400,000 7,825 SF
    3024 N Market Ave, Fayetteville, AR 72703
    View Listing →
    Property summary
    AI-generated overview

    The Trumbo Building offers exceptional office space in a convenient location on Rolling Hills Dr. This 7,825 square foot building is zoned C-2 and features multiple tenancy options, with two immediately available spaces. Space B, totaling 1,905 square feet, boasts two private offices, a reception area, a spacious kitchen/breakroom, storage, and a restroom. This space is directly adjacent to Space C, also available, which measures 1,905 square feet and requires renovation. A tenant improvement allowance is negotiable, contingent upon the tenant's needs, lease term, and rental rate. The minimum divisible space is 1,022 square feet, providing flexibility for various business sizes. Currently, 2,927 square feet are vacant. Utilities are divided responsibly: tenants are responsible for electricity, gas, and other business utilities, while the landlord covers water, sewer, trash, and common area maintenance. This presents a fantastic opportunity for businesses seeking well-appointed, adaptable office space in a desirable location. Contact us today to schedule a viewing and discuss lease terms.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1976
    Total area 7,825 SF
    Lot 0.48 ac (20,996 SF)
    APN 765-03997-000
    UPID US05-1778971
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • R H Hill Properties, LLC Real Estate Agency
    • Home Front Air & Med Supplies Medical Supply Store
    • Giltner Solutions Freight Service Logistics Company
    • J & G Ventures Inc Home Health Care Service
    • strut Marketing & Advertising IT Consulting Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $900k
    Blend (final) Blend
    $865k
    Owner & transaction history
    3024 Market Ave LLC · 11 yrs held
    3024 Market Ave LLC
    since 2014
    3 recorded transactions
    2014
    2014
    2009
    $450,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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