1716 W Holly Street is a2.34-acre infill development parcel inside a federally designated Qualified Opportunity Zone, improved with an existing 8,218 SF four-unit building and offered at $1,800,000. With Residential-Office (R-O) zoning permitting up to 24units per acre, it is one of the few sites this close to the University of Arkansas that pairs by-right density with Opportunity Zone tax advantages.
R-O is among the most versatile designations inFayetteville — permitting residential, professional office, and live-work use —and it allows residential density of up to 24 units per acre. Across 2.34acres, that is a development envelope of roughly 50-plus units by right (subject to setback, height, and parking standards). Build to rent, build to sell, develop office or mixed-use, or reposition the existing improvements —the entitlement runway here is wider than almost anything available near the urban core.
The Qualified Opportunity Zone designation is the multiplier. Capital deployed through a Qualified OpportunityFund can defer existing capital-gains tax, and a ground-up build or substantial improvement on this site can qualify for tax-free appreciation after a 10-year hold — exactly the value-add development the program was created to reward. (Buyers should confirm structure-specific treatment with their tax advisor.)
The demand case is unusually concrete. The University of Arkansas — the state’s flagship SEC institution and a permanent demand anchor — has reached record enrollment of more than 34,000students, while only about 6,300 are housed on campus. The university has paused housing contracts and opened a waitlist for the coming year, pushing tens of thousands of students into the surrounding rental market. This parcel sits 0.8 miles from campus and 0.1 miles from Razorback Stadium, within walking distance of the Dickson Street entertainment district — precisely the location that captive demand is chasing.
Zoom out and the tailwinds compound. The Fayetteville–Springdale–Rogers metro is the 9th-fastest-growing in the United States, home to 622,000+ residents, adding roughly 40 people a day and up 41% since 2010, anchored by three Fortune 500 headquarters — Walmart, Tyson Foods, and J.B. Hunt. The nearby $1B Drake Farms development, completing in 2026, further strengthens this submarket, and Fayetteville home prices rose20.6% year-over-year as of January 2026.
The in-place improvements make the timing work: a two-level, 1990 quadruplex on a slab foundation with central heat and air provides holding income while you entitle and design — or an owner-user footprint from day one. The 2.34-acre site (~101,930 SF) is cleared, level, outside the flood zone, with public water and sewer on-site and major road frontage on W Holly Street. No infrastructure buildout required.
Flexible high-density zoning,Opportunity Zone tax treatment, a captive and growing demand base, and shovel-ready site characteristics — for investors, builders, and developers, 1716 W Holly Street is a rare ground-up and value-add canvas in one of the country’s strongest growth markets.
Mason Capital Group brings 30+ years of Northwest Arkansas expertise and $2.4B+ in closed transactions to every engagement — including Opportunity Zone strategy, 1031 exchange positioning, and development advisory. Contact us to schedule a private showing or request the full Offering Memorandum.
Cameron Torabi · Mason Capital Group · (479) 925-3333 · masoncapitalgroup.com
- MLS#: 1341533
- Property Type: LAND - Dev Potential
- County: Washington
- Subdivision: Fayetteville Out
- APN: 765-13811-000
- Lot Size: 2.34 Acres
- HOA: None
- 2.34 Acre Lot
- Level Topography
- Major Road Frontage
Explore Fayetteville
Thecultural and economic heart of Northwest Arkansas — a flagship college town inone of the nation’s fastest-growing regions.
Home to the University ofArkansas, Fayetteville is the intellectual and cultural anchor of NorthwestArkansas. The state’s flagship SEC university draws more than 34,000 studentsand contributes over $2 billion a year to the local economy, giving the city arare combination of youthful energy, professional depth, and durable,year-round demand for housing, services, and space.
A walkable,vibrant core
Fayetteville’s downtown is amongthe most beloved in the South. The historic Downtown Square hosts one of thecountry’s longest-running farmers’ markets, ringed by locally ownedrestaurants, coffee houses, and shops. A few blocks north, the Dickson Streetentertainment district — anchored by the Walton Arts Center and TheatreSquared— is the region’s premier destination for live music, theater, and nightlife.It is the kind of authentic, pedestrian-friendly urban fabric that keepsresidents close to home and visitors coming back.
The outdoorsat your doorstep
Few cities of its size can matchFayetteville’s access to the outdoors. More than 100 miles of paved trailsweave through the city, including the Razorback Regional Greenway, which linksFayetteville to Springdale, Rogers, and Bentonville. Walker Park, LakeFayetteville, and the surrounding Ozark foothills put hiking, cycling, andwater recreation minutes from the urban core — a quality-of-life advantage thatconsistently earns Fayetteville national rankings as one of the best places tolive in the United States.
A region onthe rise
Fayetteville sits at thesouthern end of the Northwest Arkansas corridor, the 9th-fastest-growingmetropolitan area in the country. The metro is home to more than 622,000residents and is adding roughly 40 new residents every day, anchored by threeFortune 500 headquarters — Walmart, Tyson Foods, and J.B. Hunt. Thatconcentration of capital, talent, and corporate investment continues to pushdevelopment outward and upward, and Fayetteville home prices rose 20.6%year-over-year as of January 2026.
Why it mattersfor this property
1716 W Holly Street places aninvestor or developer at the center of all of it — 0.8 miles from theUniversity of Arkansas campus, 0.1 miles from Razorback Stadium, and withinwalking distance of Dickson Street. In a city where infill land near the urbancore is increasingly scarce, a location this connected to Fayetteville’s demanddrivers is the foundation of long-term value.
Schools
Verify school assignments directly with Fayetteville USD.
Fayetteville is home to the University of Arkansas and is the cultural and educational center of Northwest Arkansas. Known for its walkable downtown, vibrant arts scene, and strong sense of community,…
Walker Park & the Razorback Greenway: Fayetteville's Trail Corridor
Minutes away: Wilson Park (1.4 mi), Lake Fayetteville Trail (2.8 mi). Fayetteville has over 100 miles of trails connecting the metro.
Explore the Trails →
Hugo's Restaurant: A Dickson Street Institution Since 1977
Fayetteville puts world-class amenities at your doorstep — Grocery: Harps Food Stores · Dining: Hammontree's Grilled Cheese, Bordinos Restaurant & Wine Bar · Park: Lewis Soccer Complex, Hotz Park. Median household income: $48,200.
Explore Dining →
Northwest Arkansas: Growing at 8.2%
The NWA metro is home to 500,241 residents growing at 8.2% annually. Walmart, Tyson Foods, and J.B. Hunt — three Fortune 500 headquarters — anchor an economy that continuously attracts capital, talent, and development.
Get Market Report →
Fayetteville — Quality of Life in NWA
Fayetteville delivers an exceptional quality of life. Top-ranked schools, miles of trails, and a vibrant local culture make it one of the most desirable places to live in the South.
Explore Fayetteville →Local market knowledge
Four core disciplines built on 30+ years of Northwest Arkansas market expertise and $2.4B+ in total transaction value
Three decades of success in real estate
Our track record speaks for itself. We have guided buyers and sellers through every market condition, building lasting relationships based on trust and results.
Guidance tailored to your needs
Whether you are a 1031 exchange buyer, an institutional investor, or a regional developer, we understand what drives value in this corridor. Our approach is direct: know the numbers, know the market, and get deals done.
What you gain when you work with us
We handle the details so you can focus on what matters. Our experience means fewer surprises and better outcomes.
Investors from around the world
We work with clients across continents and time zones. Distance is no barrier to finding the right property or executing your investment plan.
-
This property is listed at $1,800,000. At $769,231 per acre, it represents strong value for developable land in Fayetteville.
-
Use the contact form on this page or call 479-925-3333 directly. Our team typically responds within one business day. The full Offering Memorandum is available upon request — select "Investment Inquiry" in the form above.
-
Confirm zoning with Fayetteville planning as part of your due diligence. Mason Capital Group can connect you with local land use counsel.
-
Current tax records are available through the Washington County Assessor's Office. Property taxes will likely be reassessed following a change of ownership — your lender or attorney can estimate this during due diligence.
-
This property is served by Fayetteville USD. Nearby schools include Vandergriff Elementary, Ramay Jr. High, Fayetteville High School. Verify exact school assignments directly with the district, as boundaries can change.
-
Seller financing terms are available for discussion on a case-by-case basis. Mason Capital Group works with 1031 exchange buyers, institutional investors, and regional developers — contact us to discuss deal structure, equity partnerships, and financing options tailored to your investment strategy.
Source: Northwest Arkansas Board of REALTORS® · Information deemed reliable but not guaranteed. Data last updated July 10, 2026.
Browse active MLS listings in Fayetteville and surrounding communities — updated daily through the NWARMLS.
Listing data sourced from NABOR MLS via IDX Broker. Updated daily.
























