W Cleveland Street, Fayetteville, AR 72701

Property Description

Great hard corner property with nice frontage on Cleveland St. Zoned UT - Urban Thoroughfare, which is: high density, mixed-use, up to 7 stories and administrative approval. Also, a Certified Opportunity Zone. Properties under development now are: to the south and further west - two multifamily projects. To the west a Hyatt Hotel. Across the street from that will be a sit-down restaurant, a double flag Hilton Hotel and a mixed-use development. To the north will be a double flag Marriott, a sit-down restaurant and a coffee shop. Property can be divided into 8 lots with administrative approval. The entire south property line of overall property borders the City of Fayetteville trails park with the 18-mile traverse trail in that area. Marinoni Drive is a three-lane street. Great access to the I-49 newly improved access leading to all of NWA effortlessly. Wedington Dr. is the main west entrance to the City of Fayetteville and the University of Arkansas. Off-site sewer upgrade near completion, paid by seller.