216 Locust Avenue Fayetteville, AR $ 2,250,000
216 Locust Avenue
$ 2,250,000
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216 Locust Avenue

Fayetteville, AR, 72701
$ 2,250,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 15,540

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Lots and Land for sale in Fayetteville, AR

for $2,250,000. The lot size is 0.59.

Development opportunity in a prime downtown Fayetteville location! Three adjoining parcels at 210, 212, and 216 N. Locust Avenue offer approximately 0.59 acres near Dickson Street, the Fayetteville Downtown Square, Walton Arts Center, TheatreSquared, and the University of Arkansas. Zoned Downtown General, the assemblage offers flexibility for residential, multifamily, office, neighborhood retail, restaurant, or mixed-use development, subject to applicable city requirements and approvals. Potential concepts include residences above commercial space, multifamily housing, or office and studio uses. Convenient access to downtown dining, shopping, entertainment, and cultural attractions makes this a compelling opportunity for investors and developers.

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Lots and Land Active

Price

$ 2,250,000

Property Type

Lots and Land

Taxes

$ 2,826

Style

Lot Size

0.59

Town/City

Fayetteville

County/Region

Washington

MLS | Web ID

1366755

Features
General
Sewer Not Connected (nearby) Public Sewer
Topography Level
Property Subtype Land
Community Features Curbs Shopping Sidewalks
Additional Parcels Description 765-01697-000 765-01698-000
County Washington
Property Type Land
Subdivision Name Fayetteville Original
Status Active
Directions From I-49 take Exit 67 for Martin Luther King Jr. Blvd and head east. Turn left onto S School Ave right onto W Center St then left onto N Locust Ave; continue to 216 N Locust Ave. Property will be on the right.
City Fayetteville
Disclosures Seller Disclosure
High School District Fayetteville
Lot Size Units Acres
Tax Annual Amount 2826
Virtual Tour https://tour.nwarealtors.org/216-Locust-Avenue-Fayetteville-AR-72701/unbranded
Standard Status Active
Middle/Junior School District Fayetteville
Elementary School District Fayetteville
Tax Lot 5 & 8
Property Sub Type Additional Land
Legal Description Parcel ID 765-01694-000 765-01697-000 765-01698-000 Lot 5 & 8 Block 4 Fayetteville Original Sub S-T-R 16-16-30 Washington County
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Exterior
Fencing None
Lot Features Landscaped Level
Lot Size Area 0.59
Lot Size Acres 0.59
Road Frontage Type Public Road
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* Excluded Features
List By
Re/Max Associates, Llc

Broker

tmg1@sellingnwa.com

Email

Affordability Calculator

$15,776
Per Month
99%
1%
0%
Monthly Principal & Interest
$15,540
Monthly Property Taxes
$236
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3389586 Elementary School
4820949 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2026$2,250,000 Listed Price

Map


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216 Locust Avenue, Fayetteville, AR, 72701 is a Lots and Land for sale at $2,250,000 with a lot size of 0.59. 216 Locust Avenue has 0.0 baths. The property's zip code is 72701 which is in Fayetteville, AR