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796 S School Ave 6,790 SF Retail Building Fayetteville, AR 72701 $2,315,688 CAD ($341.04 CAD/SF)
INVESTMENT HIGHLIGHTS
- Surrounded by intense commercial and residential development in South Fayetteville (So Fay)
EXECUTIVE SUMMARY
Major Road Frontage, Near Trails, Neighborhood (Near Biking, Paved, Walking Trails)
The building contains just under 6,700 sf, with 12' high ceilings and is clear span throughout. The building is a "blank slate" - can be re-purposed with minimal interior demolition. 33 on-site parking spaces. Approx 1/4 acre park-like setting behind the building. Great location in rapidly growing SoFay (south Fayetteville). Across the street is the South Yard project, consisting of 128 apt units plus retail, food, & beverage, a hotel under construction, & other businesses. Adjacent to the SW are the Varsity House and Grove apartments, consisting of 224 units. Immediately to the east and north are hundreds of relatively new attached and detached housing units. Downtown Fay., Fay High Sch. and the Univ of Ark. are all just a short drive away. the 60 acre Walker park is 1/2 block away, as is the Fayetteville Trail system. Daily 2022 traffic count 1/2 block south of property is 14,000. **Also for lease for $16.00/sf/yr,NNN.
The building contains just under 6,700 sf, with 12' high ceilings and is clear span throughout. The building is a "blank slate" - can be re-purposed with minimal interior demolition. 33 on-site parking spaces. Approx 1/4 acre park-like setting behind the building. Great location in rapidly growing SoFay (south Fayetteville). Across the street is the South Yard project, consisting of 128 apt units plus retail, food, & beverage, a hotel under construction, & other businesses. Adjacent to the SW are the Varsity House and Grove apartments, consisting of 224 units. Immediately to the east and north are hundreds of relatively new attached and detached housing units. Downtown Fay., Fay High Sch. and the Univ of Ark. are all just a short drive away. the 60 acre Walker park is 1/2 block away, as is the Fayetteville Trail system. Daily 2022 traffic count 1/2 block south of property is 14,000. **Also for lease for $16.00/sf/yr,NNN.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,790 SF
Building Class
B
Year Built
2008
Price
$2,315,688 CAD
Price Per SF
$341.04 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.09 AC
Opportunity Zone
Yes
Zoning
C-2 - C-2, Thoroughfare Commercial
Parking
33 Spaces (4.86 Spaces per 1,000 SF Leased)
Frontage
180’ on School
AMENITIES
- Pylon Sign
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $260,955 CAD | |
| Land Assessment | $122,144 CAD | Total Assessment | $383,099 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$122,144 CAD
Improvements Assessment
$260,955 CAD
Total Assessment
$383,099 CAD
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796 S School Ave
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