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796 School Ave Fayetteville, AR 72701-6430

OFF-MARKET Retail space Google Maps
6,626 SF 1 ac lot Built 2008
Individually Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US05-0813279

Property summary

AI-generated overview

This exceptional 6,626-square-foot retail property in Fayetteville, Arkansas, presents a unique investment opportunity. Located at 796 S School Ave, in the rapidly developing South Fayetteville area (SoFay), this single-tenant building boasts 12-foot high ceilings and a clear span interior, offering maximum flexibility for a variety of commercial uses. The property is essentially a "blank slate," requiring minimal interior demolition for repurposing, making it ideal for adaptive reuse. Ample parking is provided with 33 on-site spaces. Adding to its appeal is a park-like setting of approximately one-quarter acre located behind the building, offering a tranquil and attractive environment. The property benefits from an exceptional location, situated across the street from the South Yard project, a mixed-use development featuring 128 apartment units, retail, food and beverage establishments, and other businesses. Adjacent to the southwest are the Varsity House and Grove apartments, comprising a total of 224 units. Hundreds of new residential units are located immediately to the east and north, ensuring a strong customer base. The property's convenient location also places it within easy driving distance of downtown Fayetteville, Fayetteville High School, and the University of Arkansas. This property is offered with a Triple Net lease. The property is located in Washington County, Arkansas, zip code 72701.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Total area 6,626 SF
Lot 1 ac (43,560 SF)
APN 765-05442-002
UPID US05-0813279

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
  • Big Box & Wholesale Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.20M
Comparable Approach Comparable
$763k
Blend (final) Blend
$275k

Owner & transaction history

since 2025
2 recorded transactions
2025
$1.7M
2009
$1.6M

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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