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    Martin Luther King Jr Blvd Fayetteville, AR 72704

    Sponsored
    For Sale
    $3,500,000

    13.58-acre lot, prime location, $3.5M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 13.58-acre mixed-use property, located at 4090 W Martin Luther King Jr Boulevard in Fayetteville, Arkansas (zip code 72704, APN 765-16275-032), presents a unique investment opportunity. Zoned CS for Community Services, this expansive lot offers significant potential for a variety of development projects. The property boasts excellent visibility and accessibility, with frontage on W MLK Blvd, a major thoroughfare experiencing high daily traffic volume (42,000 cars per day). Its strategic location provides convenient access to Fayetteville's vibrant entertainment scene, the University of Arkansas campus and stadiums, all within minutes. The surrounding area is experiencing significant growth, with nearby developments including multiple residential lots, a proposed mixed-use development, and a future middle school campus. This combination of prime location, substantial lot size, and favorable zoning makes this property an ideal investment for developers seeking a high-impact project in a thriving community. The asking price for this remarkable opportunity is $3,500,000.

    Property Features for 0 Martin Luther King Jr Blvd

    General Information

    Property type
    Mixed-use properties
    Lot Size
    591,545 SF

    HighLights

    • 13.58‑acre lot zoned CS (Community Services).
    • High visibility and accessibility on W MLK Blvd (42,000 VPD).
    • Prime Fayetteville location near the University of Arkansas and entertainment venues.
    • Surrounded by new residential development and a future middle school.
    • Asking price: $3,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fayetteville
    County
    Washington
    State
    Arkansas
    Longitude
    -94.1908049
    Latitude
    36.0549641

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    FAQs

    What type of property is this?
    Mixed-use property - 13.58-acre lot, prime location, $3.5M
    Where is this mixed-use property located?
    The property is located at Martin Luther King Jr Blvd Fayetteville, AR.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 13.58-acre lot zoned CS (Community Services).; High visibility and accessibility on W MLK Blvd (42,000 VPD).; Prime Fayetteville location near the University of Arkansas and entertainment venues.
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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
    Martin Luther King Jr Blvd Fayetteville, AR 72704
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