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Development Opportunity Near University Campus
For Sale
$349,900

1466 & 1482 N Gregg Avenue, Fayetteville, AR 72703

Multi-family development opportunity near the University of Arkansas campus.

Property SizeContact for details
Days on Market160

Property Features for 1466 & 1482 N Gregg Avenue

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $928
Listing Agency: Coldwell Banker Harris McHaney & Faucette -Fayette
Listed By: Sean Morris · License #EB00048423
Source: Exitrealty
Added: Mar 3 Changed: Aug 8 Last Checked: Jul 16 at 7:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Harris McHaney & Faucette -Fayette

Investment Insights

Based on property information with market context.

This property presents a multi-family development opportunity located minutes from the University of Arkansas campus. Zoned RI-12, the site offers potential for investors and developers looking to capitalize on Fayetteville’s rental market. The property is situated near established apartment communities and residential neighborhoods, featuring a wooded setting with elevated views and convenient access to N Gregg Ave, major corridors, shopping, dining, and campus amenities. The RI-12 zoning (Residential Intermediate – 12 units per acre) allows for density options suitable for student housing, long-term rentals, or a boutique multi-family project. Utilities are nearby, with verification by the buyer recommended. The property's location near existing developments suggests strong future demand. This opportunity is located in a high-growth area close to the University of Arkansas.

Key Highlights

  • Prime multi‑family development opportunity near the University of Arkansas campus.
  • RI‑12 zoning allows for attractive density options.
  • Located in a high‑growth area with strong rental market demand.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

Demographics for 72703, AR

33,767
Population
17,202
Households
2
Avg Household Size
33
Median Age
49%
College-Educated
96%
High-School Grad
40.2 sq mi
ZIP Area
840
Density / Sq Mi
$60,232
Median Household Income
$39,190
Median Earnings
$958
Median Rent
$341,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multi-family development opportunity near the University of Arkansas campus.
Where is this residential land & home lot located?
The property is located at 1466 & 1482 N Gregg Avenue Fayetteville, AR.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Prime multi‑family development opportunity near the University of Arkansas campus.; RI‑12 zoning allows for attractive density options.; Located in a high‑growth area with strong rental market demand.
More about this property
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