797 Cherry Lane, Fayetteville, AR 72701
Local realty services provided by:CENTURY 21 Lyons & Associates Real Estate
797 Cherry Lane,Fayetteville, AR 72701
$675,000
- 1.02 Acres
- Lots / Land
- Active
Listed by: milton lamar
Office: infinity real estate group
MLS#:1331152
Source:AR_NWAR
Price summary
- Price:$675,000
About this home
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.
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Home facts
- Listing ID #:1331152
- Added:213 day(s) ago
- Updated:July 23, 2026 at 08:38 PM
Structure and exterior
- Lot area:1.02 Acres
- Lot Features:City Lot, Level, Open Lot
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Tax amount:$1,112
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