Property profile

3340 North College Ave Fayetteville, AR 72703

FOR LEASE
Strip malls
Property ID
US05-0842350
62,293 SF 4.71 ac lot Built 1965
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

A 4,000-square-foot commercial property in Fayetteville, Arkansas, situated near I-49 and the city’s major retail areas, within a shopping center that includes Village Inn, FedEx, Liquor World, 7Brew, and Bargain Brothers. The property has building signage and abundant parking directly in front of the premises, with exposure to College Avenue one block north that recorded 34,000 vehicles per day in 2022. The site occupies a 1-acre lot and is currently configured for medical office use, featuring seven examining rooms, staff support areas, a lab room, a reception area, and additional offices.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Total area 62,293 SF
Lot 4.71 ac (205,168 SF)
Zoning code C-2
APN 765-15741-000
UPID US05-0842350

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency
  • Medical Clinic
  • Discount Store
  • Medical Clinic
  • Pediatrician Physician

Location

3340 North College Ave Fayetteville, AR 72703
Fayetteville metro Census 10115 FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$880k
CAP Approach CAP
by Request
Comparable Approach Comparable
$873k
Blend (final) Blend
$880k

Owner & transaction history

Zoning & alternative use

C-2 · Fayetteville, AR
Zoning description

The Thoroughfare Commercial District is designed especially to encourage the functional grouping of these commercial enterprises catering primarily to highway travelers. The intent of this district is to allow administra…

General category COMMERCIAL

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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More about this property
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