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    Van Asche Dr Fayetteville, AR 72703

    Sponsored
    For Sale
    $1,125,000

    Prime Fayetteville location, C-2 zoning, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.01-acre commercial land parcel presents a unique investment opportunity in Fayetteville, Arkansas. Situated in the heart of Fayetteville's vibrant Business & Shopping District, this property boasts a highly desirable C-2 zoning designation, making it ideal for a wide range of commercial developments. The lot is conveniently located near the Hyatt Place hotel and offers immediate access to the popular Razorback Greenway trail system, enhancing its appeal and accessibility. Its prime location provides excellent visibility and proximity to Spring Creek Shopping Center and numerous national retailers. The surrounding area is characterized by a dense concentration of residential neighborhoods, including significant student housing catering to the over 27,000 students enrolled at the University of Arkansas, ensuring a robust customer base. Future development plans in the vicinity include the addition of 422 apartment units, an expansion of Washington Regional, and planned road improvements, promising further growth and increased property value. The property's APN is 765-23598-000. This is a rare opportunity to acquire a strategically located commercial lot with significant development potential in a thriving Arkansas market. Quick and easy access to Fulbright Expressway provides convenient transportation links. The asking price for this exceptional property is $1,125,000.

    Property Features for 0 Van Asche Dr

    General Information

    Property type
    Land
    Lot Size
    43,996 SF

    HighLights

    • 1.01‑acre commercial lot in Fayetteville, AR's Business & Shopping District.
    • C‑2 zoning, allowing for diverse commercial development.
    • Prime location near Razorback Greenway and Spring Creek Shopping Center.
    • Excellent access to Fulbright Expressway.
    • $1,125,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1618721
    Latitude
    36.1175889

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    FAQs

    What type of property is this?
    Land - Prime Fayetteville location, C-2 zoning, development ready.
    Where is this land located?
    The property is located at Van Asche Dr Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: 1.01-acre commercial lot in Fayetteville, AR's Business & Shopping District.; C-2 zoning, allowing for diverse commercial development.; Prime location near Razorback Greenway and Spring Creek Shopping Center.
    Request Owner's contact information
    Van Asche Dr Fayetteville, AR 72703
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    Realmo Value Estimation

    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.

    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.

    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
    Van Asche Dr Fayetteville, AR 72703
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