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I-49 and Wedington Drive 1.55 - 11.87 Acre Commercial Land Lots Offered at $1,395,000 - $6,687,000 Per Lot in Fayetteville, AR 72701



Investment Highlights
- Located at the main west entrance to Fayetteville and the University of Arkansas at the corner of Interstate 49 and Wedington Drive.
- Shares a property line with a 100-acre trails park and across the highway from a 228-acre world-class cyclocross bicycle park.
- All utilities and utility access, streets, curb and gutter, sidewalks, street water retention, and even off-site sewer upgrades are ready.
- Ready to go. Probably the easiest close you will ever have. Zoned for high-density, mixed-use, up to 7 stories and administrative approval.
- Fayetteville and all Northwest Arkansas have been, for the last 40 years, consistently rated in the top places in the Country.
- Current projects include a 2-brand Marriott, 2-brand Hilton, and Hyatt Hotels, 2 apartment complexes, 2 sit-down restaurants, and a coffee shop.
Executive Summary
All zoned UT - Urban Thoroughfare, which is high density, mixed-use, up to 7 stories and administrative approval. Each lot can be divided into as many as four lots or lot lines moved and seller could split off as little as an acre if needed(possibly even less), all with only administrative approval. The entire site is a Certified Opportunity Zone. The main street is three lanes for easy access. The entrance off of Wedington is four lanes with dedicated turn lanes. All streets, sidewalks, water and sewer and easements for other utilities are already in and dedicated to the City. Off-site sewer upgrade is now complete, paid for by seller. The entire south property line (about 3,000 ft.) borders the City of Fayetteville trails park, and the 18-mile traverse trail cuts through in this area.
This site is the synergistic commercial and residential core of the new trails energy on the west side of Fayetteville. That's never going to go out of style. This site is an investment for a life portfolio!
Looking for a vibrant, top quality, mix of energy, age, use, size, services and experiences. Need variety of restaurants, bike shop and services related to the bike and recreational trails-use in the area.
Creating the ultimate live, work, shop, play destination one participant at a time.
Heads up for anyone looking to locate in this area. NWA is experiencing huge growth and that's a good thing. However in most areas sewer capacity is an issue. From start to finish it took about 3 years and close to $4,000,000 to upgrade just the offsite sewer capacity to be able to accommodate the density potential on this property. This property is ready and a huge issue is already taken care of.
Click on the Centennial Cyclocross Park attachment. At the top you will see "Existing Tunnel Under Hwy 49". This tunnel is about 60 years old, added at the original time of highway construction at the insistence of the landowner on both sides of the highway to be able to get the cows from one side to the other as needed, AKA "the Cow Tunnel". It is on the wish list of many to enlarge it to be able to accommodate pedestrian, trails and bicycle flow connecting this property and both of the big trails/bicycle parks and connecting the Northwest Arkansas trails system.
Click on Markham Hill Existing Trails. Rotate a quarter. This is about a 66 acre trails park owned by the City of Fayetteville and which connects to another 40 acres or so of trails. These trails have been used for about 60 years by the legendary University of Arkansas track and field teams for training. They are soft surface trails. This whole 100 acre plus trails area connects to the entire south property line of this development.
These trails parks amenities add to the high quality of life offering of this property. Build well because in 100 years this area will still be highly desirable. For those living here, working here, visiting here, they plug into the energetic life potential available to everyone. For those offering services, this is going to be a high traffic, highly walkable, popular area, a great investment, the pearl of a property like no other in the world.
This site is the synergistic commercial and residential core of the new trails energy on the west side of Fayetteville. That's never going to go out of style. This site is an investment for a life portfolio!
Looking for a vibrant, top quality, mix of energy, age, use, size, services and experiences. Need variety of restaurants, bike shop and services related to the bike and recreational trails-use in the area.
Creating the ultimate live, work, shop, play destination one participant at a time.
Heads up for anyone looking to locate in this area. NWA is experiencing huge growth and that's a good thing. However in most areas sewer capacity is an issue. From start to finish it took about 3 years and close to $4,000,000 to upgrade just the offsite sewer capacity to be able to accommodate the density potential on this property. This property is ready and a huge issue is already taken care of.
Click on the Centennial Cyclocross Park attachment. At the top you will see "Existing Tunnel Under Hwy 49". This tunnel is about 60 years old, added at the original time of highway construction at the insistence of the landowner on both sides of the highway to be able to get the cows from one side to the other as needed, AKA "the Cow Tunnel". It is on the wish list of many to enlarge it to be able to accommodate pedestrian, trails and bicycle flow connecting this property and both of the big trails/bicycle parks and connecting the Northwest Arkansas trails system.
Click on Markham Hill Existing Trails. Rotate a quarter. This is about a 66 acre trails park owned by the City of Fayetteville and which connects to another 40 acres or so of trails. These trails have been used for about 60 years by the legendary University of Arkansas track and field teams for training. They are soft surface trails. This whole 100 acre plus trails area connects to the entire south property line of this development.
These trails parks amenities add to the high quality of life offering of this property. Build well because in 100 years this area will still be highly desirable. For those living here, working here, visiting here, they plug into the energetic life potential available to everyone. For those offering services, this is going to be a high traffic, highly walkable, popular area, a great investment, the pearl of a property like no other in the world.
Property Facts
12 Lots Available
Lot 1D
| Price | $6,687,000 | Lot Size | 7.43 AC |
| Price Per AC | $900,000.00 |
| Price | $6,687,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 7.43 AC |
UNDER CONTRACT Zoned UT - Urban Thoroughfare.
Lot 1E
| Price | $6,687,000 | Lot Size | 7.43 AC |
| Price Per AC | $900,000.00 |
| Price | $6,687,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 7.43 AC |
UNDER CONTRACT Zoned UT - Urban Thoroughfare.
Lot 1F
| Price | $2,691,000 | Lot Size | 2.99 AC |
| Price Per AC | $900,000.00 |
| Price | $2,691,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 2.99 AC |
Zoned UT - Urban Thoroughfare.
Lot 1G
| Price | $2,079,000 | Lot Size | 2.31 AC |
| Price Per AC | $900,000.00 |
| Price | $2,079,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 2.31 AC |
Zoned UT - Urban Thoroughfare.
Lot 2D
| Price | $1,530,000 | Lot Size | 1.70 AC |
| Price Per AC | $900,000.00 |
| Price | $1,530,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 1.70 AC |
Zoned UT - Urban Thoroughfare.
Lot 2E
| Price | $1,656,000 | Lot Size | 1.84 AC |
| Price Per AC | $900,000.00 |
| Price | $1,656,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 1.84 AC |
Zoned UT - Urban Thoroughfare.
Lot 2F
| Price | $3,600,000 | Lot Size | 4.00 AC |
| Price Per AC | $900,000.00 |
| Price | $3,600,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 4.00 AC |
Zoned UT - Urban Thoroughfare.
Lot 2G
| Price | $2,601,000 | Lot Size | 2.89 AC |
| Price Per AC | $900,000.00 |
| Price | $2,601,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 2.89 AC |
Zoned UT - Urban Thoroughfare.
Lot 2H
| Price | $2,700,000 | Lot Size | 3.00 AC |
| Price Per AC | $900,000.00 |
| Price | $2,700,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 3.00 AC |
Zoned UT - Urban Thoroughfare.
Lot 2I
| Price | $1,395,000 | Lot Size | 1.55 AC |
| Price Per AC | $900,000.00 |
| Price | $1,395,000 |
| Price Per AC | $900,000.00 |
| Lot Size | 1.55 AC |
Zoned UT - Urban Thoroughfare.
Lot 5B
| Price | $5,341,500 | Lot Size | 11.87 AC |
| Price Per AC | $450,000.00 |
| Price | $5,341,500 |
| Price Per AC | $450,000.00 |
| Lot Size | 11.87 AC |
Zoned UT - Urban Thoroughfare.
Lot 1C
| Price | $5,232,500 | Lot Size | 2.99 AC |
| Price Per AC | $1,750,000.00 |
| Price | $5,232,500 |
| Price Per AC | $1,750,000.00 |
| Lot Size | 2.99 AC |
Zoned UT - Urban Thoroughfare.
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
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I-49 and Wedington Drive
