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1624 N Gregg Ave 0.74 Acres of Commercial Land Offered at $525,000 in Fayetteville, AR 72703
Investment Highlights
- Located minutes from the University of Arkansas and Washington Regional Medical Center.
- Surrounded by established neighborhoods and existing multifamily communities.
- Direct connectivity to N College Ave, Dickson Street, and I-49 for regional access.
- Well-suited for residential or multifamily redevelopment projects.
- Convenient access to retail, dining, schools, medical services, and public transit.
- All utilities available on site, eliminating major development obstacles.
Executive Summary
This property presents a unique redevelopment opportunity near the University of Arkansas. Situated within a well-established residential district and surrounded by multifamily projects and essential amenities, the site benefits from excellent connectivity and strong demand for housing. It provides convenient access to the University of Arkansas, Washington Regional Medical Center, and a variety of retail, dining, and service establishments.
The property’s strategic location also ensures proximity to public transportation, walking and biking trails, and quick routes to major thoroughfares such as N College Avenue, Dickson Street, and Interstate 49. All utilities are available onsite, and the existing home holds no contributory value, making this parcel ready for residential or multifamily development aimed at meeting Fayetteville's continued growth and housing need.
The property’s strategic location also ensures proximity to public transportation, walking and biking trails, and quick routes to major thoroughfares such as N College Avenue, Dickson Street, and Interstate 49. All utilities are available onsite, and the existing home holds no contributory value, making this parcel ready for residential or multifamily development aimed at meeting Fayetteville's continued growth and housing need.
Property Facts
| Price | $525,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.74 AC |
| Property Type | Land | ||
| Zoning | RSF-4 - Residential Single Family | ||
| Price | $525,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.74 AC |
| Zoning | RSF-4 - Residential Single Family |
1 Lot Available
Lot
| Price | $525,000 | Lot Size | 0.74 AC |
| Price Per AC | $709,459.46 |
| Price | $525,000 |
| Price Per AC | $709,459.46 |
| Lot Size | 0.74 AC |
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
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