225 Block AveFayetteville, AR 72701

Property Details for 225 Block Ave

Year built

1930

Lot size

0.19 AC

Property size (Sq ft)

1,978 SF

Zone code

C-3

Property type

Retail space

APN

765-01683-000

APU

76501683000

Description

This exceptional 1,978 square foot office building presents a lucrative investment opportunity in the heart of Fayetteville, Arkansas. Located conveniently close to the Fayetteville Square, this beautifully restored property offers immediate cash flow potential for the discerning investor. A significant advantage is the inclusion of on-site parking, a rare and highly desirable feature in this vibrant downtown area. The building sits on a 0.19-acre lot, providing ample space and potential for future expansion or outdoor amenity development. The asking price is $1,495,000. This represents a chance to acquire a well-maintained, income-producing asset in a thriving market known for its strong economy and desirable lifestyle. The property's prime location ensures high visibility and easy access to a diverse range of businesses, amenities, and a robust workforce. Given its attractive features and strategic location, this office building is poised for continued success and strong returns. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Detailed financial information and property specifics are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $253,466

  6.5%

  $233,969

  7%

  $217,257

• Comparable approach

  Method

  Valuation

  Relative Method

  $356,546

  Geo Method

  $356,546

• Alternative Use

  Use

  Valuation

  Residential

  $197,361

  Hospitality

  $180,782

  Educational

  $150,408

  Medical

  $155,581

  Retail

  $233,969

Location Insight

City

Fayetteville

County

Washington

State

Arkansas

Latitude

36.0657

Longitude

-94.1609

CBSA code

22220

CBSA name

FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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