$6,250,000
PENDING

TBD Martin Luther King Junior Blvd Fayetteville, AR 72704

Downtown Fayetteville Neighborhood

Estimated payment $40,239/month

Total Views 4,915
25.36 Acres
$246,441 Price per Acre
1,104,725 Sq Ft Lot

Highlights

  • 25.36 Acre Lot
  • Partially Wooded Lot
  • Corner Lot
  • Fayetteville High School Rated A

About This Lot

NWA regional location for large scale Planned Development approx. 1.1 miles West of I-49 fronting South side of MLK approximately .3 and .5 miles from Walmart and Lowes. 8.6+/- acres frontage being 1240' +/- having 300' depth zoned Urban Thoroughfare. This allows for a wide variety of commercial uses (retail, hotel, office, multi-family, condo, etc. See 161.24 City codes of Fayetteville) The mid-section is approximately 10.77 +/- acres is zoned CS (see 161.22 Community Services) allowing for multi-family and more. The southernmost section of 6-7+/- acres can be modified but could be dedicated as a Tree Preserve to reserve canopy space for the entire development use. Possibilities to sell for tax credits. Call Agent for details. Premium location for branded Mt. Kessler hike and bike trails(Razorback trail head and entrance of hike and bike trails into the 600+ Mt. Kessler Park) for lifestyle and outdoor emphasis with a "Natural State" theme offering unmatched potential for regional resort and lifestyle development.

Listing Agent

Tom Joseph

The Griffin Company Commercial Division-Springdale License #SA44924-D01 Listed on: 03/21/2023

The Griffin Company Commercial Division-Springdale

Property Details

Property Type

  • Land

Lot Details

  • 25.36 Acre Lot
  • Property fronts a highway
  • Corner Lot
  • Partially Wooded Lot
  • Zoning described as Commercial

Home Design

  • Mixed Use

Additional Features

  • City Lot
  • Not Connected to Sewer

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 25.361
  • Road Frontage Type: Highway, Main Thoroughfare, Public Road
  • Road Surface Type: Paved
  • Directions: Property is located approximately 1.1 mile West of I-49 and MLK (Hwy 62) intersection on the South side of the road. Parcel East to West starting at Hanshew and MLK.
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Mixed Use

Exterior Features

  • Fencing: None
  • Lot Features: Corner Lot, City Lot, Not In Subdivision, Other, See Remarks, Wooded
  • Topography: Other,Rolling,SeeRemarks

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Utilities: Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Schools

  • Junior High Dist: Fayetteville

Lot Info

  • Zoning Description: Commercial
  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: .
  • Tax Lot: .

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $6,250,000 -- --
Source: Northwest Arkansas Board of REALTORS®

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1241467

Northwest Arkansas Board of REALTORS®