Average square foot calculated using Size range provided by listing agent.
Description
This 0.975-acre lot, located just 10 minutes from the University of Arkansas and 8 minutes from Downtown Fayetteville, sits in one of the fastest-growing areas of the city. With RMF-24 (Residential Multifamily) zoning, allowing up to 24 units per acre, and significant highway frontage, this property offers outstanding development potential. It is ideal for a multifamily or townhome project, taking advantage of the high demand for housing in this vibrant area. Additionally, the property features an older home and a detached garage, both of which could be renovated to provide immediate rental income while the development is underway. The property is situated in a rapidly evolving area with proximity to major highways, commercial centers, schools, and parks, making it a highly attractive option for future tenants. With its prime location, zoning flexibility, and strong growth potential, this property is a rare find for developers and investors alike.Show Description
MLS® Number1319927
Laundry Level
Central VacNo
FireplaceNo
Acreage0.97
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
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