797 Cherry Lane Fayetteville, AR 72701
- Added:
- Dec 19, 2025
- Days on Market:
- 110
- Last Refresh:
- Apr 8 at 8:06 am
Property Features for 797 Cherry Lane
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 765-15206-000
- Lot size
- 1.02 Acres
Taxes and HOA fees
- Tax Description
- PT NE NW 1.02 AC
- Tax Annual Amount
- 1112
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing agent Milton Lamar License #SA00083892 (479) 935-2093
Listing office Infinity Real Estate Group 13964 Highland Church, Fayetteville, AR (479) 935-2093
Listing date Dec 19, 2025
MLS# 1331152
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Fayetteville Land Ready for Development
This 1.02-acre parcel is zoned RI-U, which allows for zero-lot-line construction and flexible design options without density restrictions. The site has been cleared and prepped, featuring a construction entrance, erosion controls, and tree-preservation barriers. City approval has been secured for a 20-unit townhouse project, and the existing engineering plans can be transferred to the buyer or customized to suit specific needs. Utilities are already available on site, including water, sewer, and electricity. Located approximately ten minutes from both the University of Arkansas and downtown Fayetteville, the property is positioned to capitalize on rental demand from students and professionals. The area exhibits low vacancy rates and steady rent growth. This shovel-ready site is designed to reduce development costs and accelerate project timelines, presenting a development opportunity with the potential for a strong return on investment, long-term appreciation, and multiple exit strategies in a high-growth market. The intended use of the property is for residential development.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Washington
- State
- Arkansas
- Longitude
- -94.131862
- Latitude
- 36.054383
Nearby Similar for Sale
FAQs
What type of property is this?
Residential land & home lot - Cleared land near University of Arkansas, ready for development.
Where is this residential land & home lot located?
The property is located at 797 Cherry Lane Fayetteville, AR.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Approved for 20‑unit townhouse project with transferable/customizable engineering plans.; Shovel‑ready site with utilities (water, sewer, electricity) on site, reducing development costs and accelerating timelines.; Zoned RI‑U with no density restrictions, allowing zero‑lot‑line construction and flexible design.
