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$675,000

797 Cherry Lane, Fayetteville AR, 72701

Lot size1.02 Acres
Property typeLand

Overview

Active

Listed Dec 21, 2025

Updated Sep 4

Zoned RI-U with no density restrictions, it allows zero-lot-line construction and flexible design. The site is cleared and prepped with a construction entrance, erosion controls, and tree-preservation barriers. City approval is secured for a 20-unit townhouse project, and engineering plans can transfer to the buyer or be customized. Located just ten minutes from the University of Arkansas and downtown Fayetteville, the property is positioned to capture strong rental demand from students and professionals. With low vacancy rates, steady rent growth, and utilities already on site—water, sewer, and electricity—this shovel-ready site reduces development costs and accelerates timelines. Overall, it represents a rare opportunity to deliver strong ROI, long-term appreciation, and multiple exit strategies in a high-growth market.

Other Property Details

Taxes
$1,112
Tax Frequency
Annually
View
Yes

Courtesy of Infinity Real Estate Group, Milton Lamar

Listing Contact: [email protected] 

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