0 Van Asche Dr Fayetteville, AR 72703
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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