Wedington Dr Fayetteville, AR 72704
- Land
- 2.31 lot acres
Current Use by Public Records
- Land
Property Details for 0 Wedington Dr
- Lot size
- 2.31 lot acres
- Property type
- Land
Description
This exceptional 2.31-acre commercial land parcel presents a remarkable investment opportunity in Fayetteville, Arkansas. Located on West Wedington Drive, this vacant lot is ideally suited for retail development and is zoned CS. Its strategic location offers unparalleled access to a thriving market, situated just two miles east of the University of Arkansas campus. The property is surrounded by a dense concentration of multi-family and single-family residential housing, ensuring a robust customer base for any retail venture. The area is experiencing rapid growth, with significant new construction of residential, multi-family, and retail developments underway, indicating a strong and expanding market. The site is easily divisible, offering flexibility for various development plans. This prime location provides convenient access to major thoroughfares leading to Farmington, Prairie Grove, and Siloam Springs, bedroom communities serving Northwest Arkansas. The asking price is $1,950,000, with a land value of $20 per square foot. This represents a compelling investment in a high-growth area with exceptional potential for significant return. The property's proximity to the University of Arkansas and its surrounding residential communities makes it an ideal location for a variety of retail uses.
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
- -94.2194
- Latitude
- 36.0788