Corner Zoned Residential Office
For Sale
$900,000
316 S Gregg Avenue lot 5, Fayetteville, AR 72701
LAND - Fayetteville, AR
Property SizeContact for details
Lot Size0.62 Acres
Days on Market54
Property Features for 316 S Gregg Avenue lot 5
General Information
Property type
Land
Property subtype
Other
Subdivision
County Court
Lot features
Central Business District, Corner Lot, City Lot, Level, Stream Creek
Elementary school district
Fayetteville
Middle school district
Fayetteville
High school district
Fayetteville
Directions
MLK to North on Government Ave, Right on Prairie Street, Left on Gregg.
Standard status
Active
APN
765-12970-000
Lot size
0.62 Acres
Taxes and HOA fees
Tax Description
PT LOT 5 SE SW FURTHER DESCRIBED FROM 2017-4246 AS: PART OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION SIXTEEN (16) TOWNSHIP SIXTEEN (16) NORTH, RANGE THIRTY (30) WEST OF THE FIFTH P.M., MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: BEGIN
Tax Annual Amount
1532
Legal Description
PT LOT 5 SE SW FURTHER DESCRIBED FROM 2017-4246 AS: PART OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION SIXTEEN (16) TOWNSHIP SIXTEEN (16) NORTH, RANGE THIRTY (30) WEST OF THE FIFTH P.M., MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO-WIT: BEGIN
Utilities
Sewer type
Public Sewer
Listing Agency:
Navigate Real Estate
(479) 841-3639
Listed By:
Jackson Williams · License #PB00059990
(479) 841-3639
Added: Jul 1
Changed: Jul 7
Last Checked: Aug 23 at 11:06PM
MLS# 1353483
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 parcel offers 0.62 acres of development-ready land on a corner configuration. The property includes a 1-bedroom rental home currently leased, and access with tenants requires coordination, including a “do not disturb tenant” instruction. Zoned Residential Office, the site provides an opportunity to support redevelopment, or to plan around the existing income-producing unit while arranging future site use.
The property is located at the intersection of Prairie Street and Gregg Ave in Fayetteville, Arkansas. Based on the surrounding area noted in the listing, it sits between the University of Arkansas School of Art and nearby destination and retail uses, including The Mill District and a Walmart Neighborhood Market, as well as development activity such as South Yard and The Ramble.
For buyers and developers, the combination of corner visibility, Residential Office zoning, and an on-site leased rental creates flexibility for a range of occupancy strategies. Prospective tenants or operators evaluating the site should account for the presence of the existing residence and the requirement to coordinate showings without disturbing the tenant. The zoning designation may support planning for future redevelopment consistent with Residential Office use, while the existing lease provides interim on-site utility.
The property is located at the intersection of Prairie Street and Gregg Ave in Fayetteville, Arkansas. Based on the surrounding area noted in the listing, it sits between the University of Arkansas School of Art and nearby destination and retail uses, including The Mill District and a Walmart Neighborhood Market, as well as development activity such as South Yard and The Ramble.
For buyers and developers, the combination of corner visibility, Residential Office zoning, and an on-site leased rental creates flexibility for a range of occupancy strategies. Prospective tenants or operators evaluating the site should account for the presence of the existing residence and the requirement to coordinate showings without disturbing the tenant. The zoning designation may support planning for future redevelopment consistent with Residential Office use, while the existing lease provides interim on-site utility.
Key Highlights
- Corner location on Prairie Street and Gregg Ave in Fayetteville
- Zoned Residential Office
- Public sewer available
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,985
Businesses Nearby
Explore this area
Business Placement
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Corner lot with an existing leased one-bedroom rental and Residential Office zoning, suited for development or mixed-use plans.
Where is this single family property located?
The property is located at 316 S Gregg Avenue lot 5 Fayetteville, AR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Corner location on Prairie Street and Gregg Ave in Fayetteville; Zoned Residential Office; Public sewer available
