797 Cherry Lane, Fayetteville, AR 72701

Fayetteville
Local realty services provided by:Better Homes and Gardens Real Estate Journey
797 Cherry Lane,Fayetteville, AR 72701
$675,000
  • 1.02 Acres
  • Lots / Land
  • Active
Listed by: milton lamar, stacie bonomo-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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Subdivision & Development:Fayetteville Outlots
  • Listing ID #:1331152
  • Added:263 day(s) ago
  • Updated:September 11, 2026 at 02:43 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

New listings near 797 Cherry Lane