Property profile

1640 N Morningside Dr 4 Fayetteville, AR 72701

FOR SALE
Residential land & home lots
Property ID
US05-Q007597
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Property summary

AI-generated overview

+/- 16.4 Acres of land right off Morningside Dr, which see +/- 1,200 VPD. Utilities are readily available on site or in close proximity. Positioned next to a recently constructed subdivision developed by a leading national builder. Zoned RSF-8, making an ideal place for single family homes or short-term rentals. Conveniently located just a short 5-minute drive to Downtown Fayetteville and the University of Arkansas Campus. This lot is zoned RSF8: Residential District. It is designed to bring historic platted conformity and to allow for the development of new single family residential areas with similar lot size, density, and land use as the historical neighborhoods in the downtown area.

Property profile

Verified
Property type Residential land & home lots
UPID US05-Q007597

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1640 N Morningside Dr, Unit 4 Fayetteville, AR 72701
Fayetteville metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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