Marinoni Drive, Fayetteville, AR 72701

$9,436,500

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List Price
$9,436,500
Status
ACTIVE
MLS#
ARKMLS-1338367
Acres
16.42

Property Description

Rare opportunity to own a sizeable property in what is the center of Fayetteville (literally). Zoned UT- Urban Thoroughfare, high density, mixed-use, up to 7 stories and administrative approval. Property shares the south property line with the City of Fayetteville's trails park. The 18-mile traverse trail runs through this property. Perfect for multi-family, to live next to the park and walk or ride bike to class at the University of Arkansas. A trail will connect down to the development to the north making this a pivotal property! Properties to the east and west are multi-family. To the north a Hyatt, double flag Hilton and double flag Marriott hotels, two restaurants and a mixed-use property. Mistletoe Avenue brings connection and utilities to the 11.87 acre property for a lower price possibility. And it's an Opportunity Zone.

Additional Information

Taxes
$500
Fencing
None
School District
Fayetteville

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Calculator source: Real Geeks

Listing courtesy of Best Places Realty, Llc. 479-466-4128