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  5. ›Parcel 4 (Frisco Site) - Property Sale/Lease & Development

City of Fayetteville·Arkansas

Parcel 4 (Frisco Site) - Property Sale/Lease & Development

Closes 11/18/2025$1M – $5MRequest for Proposal
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Description

The City of Fayetteville is seeking proposals from qualified firms and/or development teams for the purchase or lease, and development of approximately a 0.4-acre tract of land owned by the City of Fayetteville at the intersection of N. Gregg Avenue and N. Frisco Avenue. Developments shall provide long-term attainable or workforce housing. • The development should be located at the intersection of N. Gregg Avenue and N. Frisco Avenue. • The site is approximately 0.4 acres. • The development should provide long-term attainable or workforce housing. • Proposals should be submitted by qualified firms and/or development teams.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Amanda Beilfuss

[email protected]

Key dates

Opened
9/21/2025
Questions due
11/11/2025
Closes
11/18/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
RFP 25-23 Addendum 4

Budget estimate

$1,000,000 – $5,000,000

The budget for this project can be estimated based on the cost of developing a 0.4-acre site. The cost of land acquisition, construction, and other development expenses can range from $500,000 to $2 million, depending on the type of development and the location. However, since the city is seeking proposals for the purchase or lease and development of the site, the budget will likely be in the form of revenue generated from the sale or lease of the developed property. Assuming an average sale price of $1 million to $5 million for the developed property, the budget for the developer can be estimated to be in the range of $1 million to $5 million.

AI estimate from the solicitation

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