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Residential Development Lot
For Sale
$525,000

0.74 +/- AC 1624 N Gregg Avenue lot 3, Fayetteville, AR 72703

LAND - Fayetteville, AR

Lot Size0.74 Acres
Days on Market50

Property Features for 0.74 +/- AC 1624 N Gregg Avenue lot 3

General Information

Property type Land
Property subtype Other
Zoning description Residential
Vegetation Wooded
Subdivision Seamster Place
Lot features Central Business District, City Lot, Level
Elementary school district Fayetteville
Middle school district Fayetteville
High school district Fayetteville
Directions From I-49, east on W Drake St. South on N Gregg Ave. Property is on the east side of the street.
Standard status Active
APN 765-10597-000
Lot size 0.74 Acres

Taxes and HOA fees

Tax Description NORTH 110 FT LOT 3 PART LOT 4 FURTHER DESCRIBED FROM 2015-23479 AS: THE NORTH 110 FEET OF LOTS 3 AND 4 OF SEAMSTER PLACE IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS: ' STARTING AT THE NW CORNER OF LOT 3 FOR THE T RUE
Tax Annual Amount 666
Legal Description NORTH 110 FT LOT 3 PART LOT 4 FURTHER DESCRIBED FROM 2015-23479 AS: THE NORTH 110 FEET OF LOTS 3 AND 4 OF SEAMSTER PLACE IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS: ' STARTING AT THE NW CORNER OF LOT 3 FOR THE T RUE

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Steve Fineberg & Associates
Listed By: Justin Silver · License #SA00100214
Added: Jun 12 Changed: Jun 19 Last Checked: Jul 31 at 12:06PM
MLS# 1351894

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is a 0.74+/- acre residential development lot in Fayetteville, Arkansas. The property includes an existing home that holds no value, and the site has utilities on site, supporting redevelopment without the need to start from scratch on basic infrastructure.

The lot is positioned near the University of Arkansas, with access described to N College Ave, Dickson St, and I-49. The surrounding area includes established residential neighborhoods as well as multifamily projects and local amenities, and it is also described as minutes from Washington Regional Medical Center.

This parcel is suited for residential or multifamily development, with the utilities on site and the existing structure removed from the equation. For developers and builders seeking an infill-style site in a mixed residential environment close to higher-education and healthcare demand drivers, the property offers a straightforward redevelopment path grounded in the presence of onsite utilities.

Key Highlights

  • All utilities on site
  • Water source: public; sewer: public sewer
  • Redevelopment opportunity near the University of Arkansas and Washington Regional Medical Center

Property Analytics

Current Use

Residential land & home ...

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.

Lease Details

Yes
Utilities to site

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Redevelopment lot near the University of Arkansas, with utilities on site and an existing home that holds no value.
Where is this residential land & home lot located?
The property is located at 0.74 +/- AC 1624 N Gregg Avenue lot 3 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: All utilities on site; Water source: public; sewer: public sewer; Redevelopment opportunity near the University of Arkansas and Washington Regional Medical Center
More about this property
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