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    OFF-MARKET
    Commercial real estate

    1301 1325 N Greg Ave, Fayetteville, AR 72703

    13,941 SF 4.5 ac lot Built 1994
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.5-acre property at 1301 & 1325 N Greg Avenue in Fayetteville, Arkansas presents a unique investment opportunity. The 13,941 square foot site currently features an existing home, office building, and church building, offering immediate income potential or the ability to repurpose existing structures. The property's central Fayetteville location is highly desirable, situated less than a mile from the University of Arkansas, making it ideal for student-oriented developments. Furthermore, the city of Fayetteville has already approved plans for a large apartment complex on this land, streamlining the development process for a prospective buyer. The property's proximity to local trails adds to its appeal. This RMF40 zoned land offers significant flexibility for a variety of development projects, capitalizing on its prime location and high demand. The asking price of $3,750,000 reflects the exceptional value and potential of this remarkable property. This is a rare chance to acquire a substantial land parcel in a thriving Arkansas city with pre-approved development plans, making it an attractive investment for both short-term and long-term growth. The existing structures provide immediate utility while the approved development plan offers a clear path to future expansion and increased profitability. Don't miss this opportunity to secure a piece of Fayetteville's vibrant real estate market.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1994
    Total area 13,941 SF
    Lot 4.5 ac (196,020 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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