Property profile

3956 Steele Blvd Fayetteville, AR 72703

OFF-MARKET
Theaters & concert halls
Property ID
US05-0808555
60,876 SF 8.64 ac lot Built 2007
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1.67-acre commercial land parcel presents a rare investment opportunity in Fayetteville, Arkansas' vibrant Uptown district. Located at 3956 N Steele Blvd, this C2-zoned property boasts a highly desirable location between Academy and Taziki's restaurants, ensuring high visibility and foot traffic. The site is conveniently situated within walking distance of over 1,000 Class-A multi-family units, providing a substantial built-in customer base. All utilities are readily available on-site, simplifying development plans. The property is already improved with paved surfaces, striping, and lighting, minimizing upfront infrastructure costs. A significant advantage is the reciprocal parking agreement, ensuring ample parking for potential businesses. Furthermore, convenient access to the Mud Creek Trail enhances the property's appeal. This is the last available lot in this established retail area, making it a truly unique opportunity. The asking price is $1,340,000, translating to $18 per square foot. This signalized hard corner lot offers unparalleled potential for a variety of commercial ventures. Don't miss this chance to secure a prime piece of Fayetteville real estate.

Property profile

Verified
Property type Theaters & concert halls
Use group THEATER (MOVIE)
Year built 2007
Total area 60,876 SF
Lot 8.64 ac (376,358 SF)
APN 765-22241-001
UPID US05-0808555

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
  • Cinema Theater & Performing Art Venue
  • Church

Location

3956 Steele Blvd Fayetteville, AR 72703-5363
Fayetteville metro Census 10511 FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$940k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$940k

Owner & transaction history

since 2010
3 recorded transactions
2010
$1.0M
2007
$591,000
2005
$2.3M

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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