Description:
Prime residential dev lot in neighborhood experiencing rapid redevelopment. Clear/flat w/ all utilities at street, & highly flexible in how development can be configured 104’ of street frontage.
Current zoning RSF-4 would allow for one primary dwelling & up to three accessories dwellings (attached and/or detached) to a maximum of 1200 sf. This could also look like a duplex if one of the units did not exceed 1200 sf.
Parcel is undergoing submission for rezoning to RI-U, which would allow for the following permitted uses under Fayetteville’s development code: Single-family dwellings, two-family dwellings, three & four-family dwellings, accessory dwellings, cluster housing development, and short-term rentals. Additionally, several conditional uses may also be approved. Rezoning request is consistent w/ zoning throughout neighborhood (RMF-24, RI-U, NS, etc.) is expected to be supported. Seller will complete rezoning process through to City Council.
Walkable to lots of South Fay amenities. See attachment.