Property summary
This well-maintained 3,041 square foot office building sits on a 0.76-acre lot in the heart of Fayetteville, Arkansas. Its convenient location offers easy access to College Avenue and Interstate 49, placing it within reach of the city's vibrant commercial center and its extensive network of walking and biking trails. The building currently features a spacious, open central area surrounded by several individual offices, previously configured as a veterinary clinic. This adaptable layout lends itself to a variety of uses, making it ideal for businesses seeking flexible workspace. The property's significant advantage lies in its potential for expansion. The 0.76-acre lot allows for the construction of a second building, subject to city planning approvals and easement considerations. A large fenced area at the rear of the property adds further versatility, potentially suitable for outdoor activities related to a variety of businesses. The building's central location, combined with its adaptable interior and expansion possibilities, presents a compelling opportunity for businesses seeking a prominent Fayetteville address and the potential for future growth. The asking price for this exceptional property is $825,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Fayetteville, ARThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Fayetteville, AR.
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