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797 Cherry LN, Fayetteville, AR 72701

For Sale

$690,000

1.02 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1 acres
    Lot size

Explore this Property

This property offers a prime multifamily development opportunity in one of Northwest Arkansas s fastest-growing markets. 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.
MLS# 1319928

Courtesy Of Sudar Group

(479) 308-8380

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.02 Acres

Map and Directions

Directions to 797 Cherry LN, Fayetteville, AR 72701
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Home seller CENTURY 21 Lyons & Associates Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lyons & Associates Real Estate

(479) 524-2100
Learn More About Us

Mortgage Calculator

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