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Redevelopment Land Near University
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1624 N Gregg Ave, Fayetteville, AR 72703

Redevelopment-ready lot near the University of Arkansas, positioned among established residential neighborhoods and nearby multifamily development.

Property SizeContact for details
Days on Market136

Property Features for 1624 N Gregg Ave

General Information

Standard status Active
Property subtype Land
Zoning RSF-4
Investment Type Redevelopment
Listing Agency: Fineberg & Associates
Listed By: Brennan Sharpe · License #AR SA00084262
Source: Crexi
Added: Jun 13 Changed: Oct 25 Last Checked: Jul 16 at 6:19AM

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 Fineberg & Associates

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Investment Insights

Based on property information with market context.

This offering is a for-sale land parcel presented as a rare redevelopment opportunity near the University of Arkansas. The property is described as well positioned for future residential-oriented development, with redevelopment focusing on quality housing per the seller’s remarks.

The surrounding area includes established residential neighborhoods and nearby multifamily projects, along with strong local amenities. This context may be helpful for developers or builders seeking an infill site in a mixed residential environment near a major university.

For buyers evaluating redevelopment, this lot can support new planning and site design decisions for residential development, subject to all applicable approvals. Its location near the university and its placement within a neighborhood of both single-family and multifamily properties may appeal to operators looking for an infill approach and a project that fits the character of the surrounding area.

Key Highlights

  • Redevelopment‑ready lot near the University of Arkansas
  • Located among established residential neighborhoods
  • Surrounded by nearby multifamily development

Property Analytics

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Open Analytics

Suggested Use

Top Pick HVAC Service Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Kitchen & Bath Showroom

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Redevelopment-ready lot near the University of Arkansas, positioned among established residential neighborhoods and nearby multifamily development.
Where is this residential land & home lot located?
The property is located at 1624 N Gregg Ave Fayetteville, AR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Redevelopment‑ready lot near the University of Arkansas; Located among established residential neighborhoods; Surrounded by nearby multifamily development
(479) 530-3774 Call to check price and availability
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