Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    488 Ozark View Dr Fayetteville, AR 72703

    Sponsored
    Picture of Land at Ozark View Dr 488, Fayetteville, AR
    For Sale
    $179,900

    Lots - Fayetteville, AR

    Lot size:
    0.45 Acres
    Days on Market:
    175
    Last Refresh:
    Feb 3 at 4:06 pm

    Property Features for 488 Ozark View Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    765-30314-000
    Lot size
    0.45 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Aida Roshan

    Better Homes and Gardens Real Estate Journey (479) 387-1534

    Listing agent Aida Roshan (479) 251-7800

    Listing date Aug 13, 2025

    MLS# 1295881 Listing URL

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Fayetteville Hilltop Lot For Sale

    This 0.45-acre hilltop lot is located in the Summit Place Subdivision of Fayetteville, Arkansas. The subdivision is near restaurants, shopping, and Gulley Park. The property offers views of Fayetteville and features mature hardwood trees.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Kitchen & Bath Showroom Storage Facility Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.14939
    Latitude
    36.093521

    Nearby Similar for Sale

    • New
      $650,000
      4,472 SF

      Fayetteville Duplex Near Junior High

      Well-maintained duplex in East Fayetteville, ideal for investment or owner-occupancy.
      2915 E Sterling Ct, Fayetteville, AR 72703
      View Details
    • $924,180
      2,532 SF

      New Fayetteville Duplex Investment Opportunity

      New construction duplex near shopping, dining, and I-49.
      588 And 2, Fayetteville, AR 72701
      View Details
    • $892,000
      3,300 SF

      Fayetteville Multi-Unit Investment Opportunity

      Three rental units on 4.2 acres with income potential.
      S Peerson St, Fayetteville, AR 72701
      View Details
    • $1,791,410
      4,908 SF

      New Duplex Near MLK

      New construction duplex with strong rental potential near I-49.
      576 And 2, Fayetteville, AR 72701
      View Details
    • $999,999
      7,820 SF

      Historic Rockwood Club Opportunity

      Iconic Fayetteville landmark with endless potential.
      380 W 24Th St, Fayetteville, AR 72701
      View Details
    • $2,300,000
      6,216 SF

      Fayetteville Multi-Suite Complex For Sale

      Highly visible, fully leased multi-suite complex in Uptown Fayetteville.
      3945 N Vantage Dr, Fayetteville, AR 72703
      View Details
    • $369,900
      2,352 SF

      Fayetteville Duplex: Investment Opportunity

      Duplex in desirable rental area with remodel potential.
      1637 N Saddlehorn Ave, Fayetteville, AR 72703
      View Details
    • Contact for pricing
      4,200 SF

      Fayetteville Medical/Dental Office For Sale

      Medical/dental office building near Washington Regional in Fayetteville, Arkansas.
      3302 N Northills Blvd, Fayetteville, AR 72703
      View Details
    • $867,240
      2,376 SF

      New Fayetteville Duplex Investment Opportunity

      New construction duplex near shopping, dining, and I-49 access.
      576 And 2, Fayetteville, AR 72701
      View Details
    • $475,000
      1,906 SF

      Fayetteville Commercial Property on Garland

      Located on Garland Ave, this property offers high visibility.
      1705 N Garland Ave, Fayetteville, AR 72703
      View Details
    • Contact for pricing
      120 SF

      Downtown Fayetteville Office Suite

      Prime location office suite in Fayetteville's vibrant downtown square.
      1 W Mountain St, Fayetteville, AR 72701
      View Details
    • Contact for pricing
      120 SF

      Downtown Fayetteville Office Suite

      Prime location office space with amenities and easy access.
      1 W Mountain St, Fayetteville, AR 72701
      View Details

    FAQs

    What type of property is this?
    Land - Hilltop lot in Summit Place Subdivision, Fayetteville, near restaurants and shopping.
    Where is this land located?
    The property is located at 488 Ozark View Dr Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Exceptional hilltop lot with amazing views overlooking Fayetteville.; - Located in the coveted Summit Place Subdivision.; - Close proximity to popular restaurants and shopping.
    (479) 387-1534
    Request Owner's contact information
    488 Ozark View Dr Fayetteville, AR 72703
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    488 Ozark View Dr
    Fayetteville, AR 72703
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    488 Ozark View Dr Fayetteville, AR 72703
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Aida Roshan
    (479) 387-1534
    Learn more
    Google sign-in failed. Please try again or use another login method.