1301 1325 N Greg Ave Fayetteville, AR 72703
- Commercial real estate
- 13,941 SF
- 4.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1301 1325 N Greg Ave
- Year built
- 1994
- Lot size
- 4.50 lot acres
- Property size
- 13,941 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.1667
- Latitude
- 36.0797
