Fantastic development opportunity in the rapidly redeveloping Fayette Junction neighborhood off Cato Springs Rd. One block from the Razorback Greenway trail. Walk to Razorback baseball stadium, the UofA Research & Technology Park, day care, parks, and transit stop with service to the University. Easy access to the I-49 and 71B/ S School Ave. Formerly two residential lots, all utilities are on-site. Zoned RI-U - Residential Intermediate - Urban, which allows for a variety of housing types compatible in scale with single-family homes. Minimum lot width is 18' and building heights may go up to three stories. Preliminary design produced by MBL Architects shows potential layout for eight 1200 sf units (subject to approval). Portions of the lot are in the 500 year floodplain which is NOT subject to the City's floodplain regulations and does NOT require flood insurance.