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.
Lot Features Corner Lot, Other, See Remarks, Wooded
Lot Size Acres 25.361
Sewer Public Sewer
Utilities Electricity Available
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Date
Event
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Current Price Source: Multiple Listing Service
New Value: $6,250,000
3/21/2023 10:48:00 AM
New in Database Source: Multiple Listing Service
New Value: $6,250,000
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* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Data based on information obtained from Northwest Arkansas Board of REALTORS® MLS for the period 2024 through 4/25/2024 12:59:34 AM PST.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Northwest Arkansas Board of REALTORS® MLS.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
