$675,000

797 Cherry Lane, Fayetteville, AR 72701

Land
Built in ——
1.02acre lot
—— car garage
$——/sqft
Listed 3 days ago

Property Description

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.

Listing Status:: Active
Date Added:: December 19, 2025 at 06:00AM
Listing Office:: Infinity Real Estate Group : 479-935-2093
MLS ID:: 1331152

Road/Access: Public Road
HOA Amenities: Monthly
Originating MLS: ARKMLS_NWA
School District: Fayetteville
County: Washington

Topography: Level
Zoning: PT NE NW 1.02 AC765-15206-000
View: View
Fencing: Partial

Utilities: Natural Gas AvailableElectricity Available
Water: Public
Sewer: Public Sewer

Source: ARKMLS_NWA

This listing courtesy of Infinity Real Estate Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Fayetteville Virtual Academy- District Conversion Charter School

300 S Ray Ave, Fayetteville, AR, 72701

Grades KG-12

0.27 miles away

Fayetteville Virtual Academy- District Conversion Charter School

300 S Ray Ave, Fayetteville, AR, 72701

Grades KG-12

0.27 miles away

Fayetteville Virtual Academy- District Conversion Charter School

300 S Ray Ave, Fayetteville, AR, 72701

Grades KG-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.