Marinoni Drive, Fayetteville, AR 72701

$4,095,000

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List Price
$4,095,000
Status
ACTIVE
MLS#
ARKMLS-1338988
Acres
4.55

Property Description

Great frontage property. Zoned UT - Urban Thoroughfare which is: high density, mixed-use, up to 7 stories and administrative approval. Two lots can each be divided into 4 lots with administrative approval. Or purchase part of the property and the lot line can be moved easily. Also available the 11.87 acres to the south, which borders the City of Fayetteville trails park, and the 2.89 acres to the west side of Mistletoe. Main street is three lanes, taking traffic to two dedicated lanes on the access road leading to the newly improved intersection at I-49 with quick access to all of Northwest Arkansas. Properties to the east and west are multifamily and a Hyatt Hotel. Across the street is planned, a double flag Hilton Hotel, a sit-down restaurant and a mixed-use development. Further north is a double flag Marriott Hotel, a sit-down restaurant and a coffee shop. Wedington Drive is the main west entrance to the City of Fayetteville and the University of Arkansas. Off-site sewer upgrade near complete. Pd by seller.

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