3 years on rocket

1640 N Morningside Dr Lot 1, Fayetteville, AR, 72701

$1,000,000

3.00 Acres
Land

Location

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Property Highlights

Home TypeBusiness
MLS #1171330
Lot Size3.00 Acres
StatusActive

About 1640 N Morningside Dr Lot 1

+/- 3 acres of LEVEL land situated prominently at the intersection of Morningside Dr and 15th St, which sees +/- 18,000 VPD. Sewer, water, and electricity are all on-site. Positioned adjacent to a recently constructed subdivision creating more potential customers for either a convenience store, gas station, restaurant, retail development, or many other uses. This prime location presents an ideal opportunity for a gas station, given its strategic placement amidst established neighborhoods and its convenient proximity, just a short 5-minute drive to Downtown Fayetteville and the University of Arkansas Campus. This lot is zoned NC - Neighborhood Conservation. 'It has the least activity and lower density than other zones. It is purely residential zone, however, it can have some mix of uses like civic buildings. The best use would be a C-1, retail business, convenience store, QSR (Quick service Restaurant), Drive-thru business, etc.'

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Market Pro Realty Bentonville West
  • Office Phone: (479) 330-1250

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot, City Lot, Industrial Park, Open Lot, Split Possible, Level
  • Lot Size: 3.00 Acres

Other

Directions Information:

  • Directions: I49 South exit 61 toward Hwy 71B (S. School Ave.). Turn left onto S. School St. to left onto 15th St. Property on Right after 15th & Morningside intersection.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
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Housing Market Comparison

See how this home compares to others in Fayetteville, AR.

Med. Sold Price

$379.7K

Med. Price/SqFt

$207

Avg. Days On Market

85

# of Sold Homes

107

1640 N Morningside Dr Lot 1 vs Fayetteville

1407 DAYS ON ROCKET

+1322 Days

$1,000,000

+$620.2K More

KEY TAKEAWAY

This property is $620.2K more than the Median Sold Price in Fayetteville, AR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ARKMLS
  • MLS Number: #1171330

Listing Office:

  • Office Name: Keller Williams Market Pro Realty Bentonville West
  • Office Phone: (479) 330-1250

Broker Reciprocity Disclaimer: 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 the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-681828
7
/10
  • Happy Hollow Elementary School

  • 300 S Ray Ave

  • 1.48 miles

  • Public District Grades PK-4

school-card-donut-681829
7
/10
  • Washington Elementary School

  • 425 N Highland Ave

  • 1.70 miles

  • Public District Grades PK-4

school-card-donut-681830
7
/10
  • Leverett Elementary School

  • 1124 W Cleveland St

  • 2.46 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,434. Most Fayetteville, AR residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Fayetteville, AR

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Fayetteville, AR?

Fayetteville's housing market is diverse, offering a mix of residential options that cater to a range of preferences and budgets. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include modern farmhouses, colonial revivals, and contemporary craftsman homes. The market also features a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Fayetteville is robust, with a majority of residents owning their homes, while a substantial minority opts for renting.

Is Fayetteville, AR a good place to live?

Fayetteville is celebrated for its vibrant community spirit and rich cultural scene. The city prides itself on being home to a variety of local events, including music festivals and art fairs that showcase the creativity and diversity of its residents. The area's character is further defined by its scenic landscapes and well-maintained parks, which offer residents and visitors alike a chance to enjoy outdoor activities and community gatherings throughout the year.

Are things conveniently located in Fayetteville, AR?

The community is served by a comprehensive array of services designed to meet the needs of its diverse population. Educational opportunities are abundant, with numerous public and private schools providing quality education from elementary through high school levels. Fayetteville also hosts higher education institutions, contributing to the city's educational landscape. Healthcare services are readily available, with several hospitals and clinics offering a range of medical care, from primary to specialized treatments. The city's public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with an emphasis on locally-owned businesses and farm-to-table dining experiences.

What does the transportation in Fayetteville, AR look like?

Fayetteville's transportation infrastructure supports both private and public transit options, catering to the needs of commuters and residents. The city's public transportation system includes buses that operate on a set schedule, facilitating access to key areas within the city. The community is also bike-friendly, with designated bike lanes and trails that encourage cycling as a mode of transport. Major roads and highways connect Fayetteville to neighboring cities and regions, and ongoing investments in transportation aim to enhance the efficiency and accessibility of the city's transport network.

Frequently Asked Questions About 1640 N Morningside Dr Lot 1

What is the listing price of this property?

The listing price of 1640 N Morningside Dr Lot 1 property is $1,000,000.

What type of property is this?

The property 1640 N Morningside Dr Lot 1 is land located in Fayetteville, Arkansas, 72701.

Is this property for sale now?

Active Listing: 1640 N Morningside Dr Lot 1 is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1640 N Morningside Dr Lot 1 is 3.00 acres.
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Rocket HomesArkansasWashington CountyFayetteville727011640 N Morningside Dr Lot 1

This home is located at 1640 N Morningside Dr Lot 1 in Fayetteville, AR and zip code 72701. This home sits on a 3.00 acre lot. It has been listed on Rocket Homes since January 15, 2021 and is currently priced at $1,000,000.

Over 12 listings were sold over their listed price in October 2024 in Fayetteville, AR. In the same period over 65 listings were sold below the listed price and 30 listings were sold for the listed price. In October 2024 in Fayetteville, AR there were 1.2% less homes for sale than in September 2024. In October 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $379,751.

From Rocket Homes Real Estate and based on county public records data.

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