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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

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Investment Highlights

In development now are two large apartment complexes, a double brand Marriott, a double brand Hilton and Hyatt hotels, two restaurants, a coffee shop

Executive Summary

It is 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, also with only administrative approval. The entire site is a Certified Opportunity Zone. The main street is three lanes for easy access. All streets, sidewalks, water and sewer and easements for other utilities are already in and dedicated to the City. Off-site sewer upgrade is near completion paid for by seller. Entrance off of Wedington is four lanes for easy access and turning. 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.

Property Facts

Price	$1,395,000 - $42,200,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Mixed Use Multifamily
No. Lots	12	Total Lot Size	50.00 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	UT-Urban Thoroughfare - High density, mixed-use, up to 7 stories and administrative approval. No maximum on use if within height, parking etc. requirements. Ready to go.

Price	$1,395,000 - $42,200,000
Sale Type	Investment
No. Lots	12
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Mixed Use Multifamily
Total Lot Size	50.00 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	UT-Urban Thoroughfare - High density, mixed-use, up to 7 stories and administrative approval. No maximum on use if within height, parking etc. requirements. Ready to go.