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    3240 Old Farmington Rd Fayetteville, AR 72704

    For Sale
    $399,900

    Development Potential - Fayetteville, AR

    Lot size:
    3.05 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 14 at 10:06 pm

    Property Features for 3240 Old Farmington Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    765-14754-000
    Lot size
    3.05 Acres

    Building Details

    Architectural style
    Other

    Collier Properties (501) 230-5290 [email protected]

    Listing agent Duane Wright (479) 633-7411

    Listing date Sep 24, 2025

    MLS# 1260229 Listing URL

    Copyright © 2025 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Near Centennial Park

    This 3.05-acre property is located next to Centennial Park, offering development potential. The site provides quick and easy access to I-49 and is near the University of Arkansas. A new subdivision is under construction on the east side of Centennial Park, to the north and west of the property. A remodeled home is situated on the land, but the primary value is in the land itself. The home is currently occupied by a renter.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.206731
    Latitude
    36.055699

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    FAQs

    What type of property is this?
    Commercial land - 3.05 acres near the University of Arkansas and I-49.
    Where is this commercial land located?
    The property is located at 3240 Old Farmington Rd Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - 3.05 acres of land provides ample space.; - Located next to Centennial Park with bike trails and amenities.; - Near the University of Arkansas (U of A).
    (479) 633-7411
    Request Owner's contact information
    3240 Old Farmington Rd Fayetteville, AR 72704
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    Fayetteville, AR 72704
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3240 Old Farmington Rd Fayetteville, AR 72704
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