Prime 1.25-Acre Corner Lot in the Heart of Fayetteville This outstanding 1.25-acre corner parcel offers high visibility with direct frontage on Lanier Avenue and sits within Fayetteville's UDO district, allowing for flexible and diverse development options. The current owner has begun the approval process for a 22-unit residential project but is stepping away due to personal obligations-presenting a prime opportunity for a new developer or investor to take the reins. Preliminary plans submitted to the planning commission feature a well-balanced mix of six duplexes and three quadplexes in a courtyard-style layout, blending rental and for-sale units. Architectural renderings of the updated concept are available and can serve as a springboard for continued development-or bring your own vision to life. Newly built apartment units in nearby communities are starting at $300,000, underscoring the value and potential of this site. A small existing structure remains on the property. Opportunities like this are rare in one of the region's fastest-growing areas-don't miss your chance.
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Last Updated:Â . Source: GAMLS
Provided By
Listing Agent: Ray Bachan (#BACHANRAY)
Listing Office: Lokation Real Estate LLC (#LOKA01)
