Fayetteville Land Ready For
For Sale
$675,000
797 Cherry Lane, Fayetteville, AR 72701
Shovel-ready land near University of Arkansas with utilities on site.
Property SizeContact for details
Days on Market192
Property Features for 797 Cherry Lane
General Information
Standard status
Active
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$1,112
Listing Agency:
Infinity Real Estate Group
(479) 935-2093
Listed By:
Milton Lamar · License #SA00083892
(479) 935-2093
Source:
Exitrealty
Added: Jan 30
Changed: Aug 8
Last Checked: Jul 16 at 6:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Infinity Real Estate Group
Investment Insights
Based on property information with market context.
This property is zoned RI-U with no density restrictions, allowing for zero-lot-line construction and flexible design. The site has been cleared and prepped, including a construction entrance, erosion controls, and tree-preservation barriers. City approval has been secured for a 20-unit townhouse project, and engineering plans can be transferred to the buyer or customized. The property is located approximately ten minutes from the University of Arkansas and downtown Fayetteville. Utilities, including water, sewer, and electricity, are already on site. This property is positioned to capture rental demand from students and professionals.
Key Highlights
- City approval secured for a 20‑unit townhouse project with transferable engineering plans.
- Shovel‑ready site with utilities on site** (water, sewer, and electricity) reduces development costs and accelerates timelines.
- Zoned RI‑U with no density restrictions allows zero‑lot‑line construction and flexible design.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 72701, AR
48,269
Population
20,057
Households
2.4
Avg Household Size
28
Median Age
42%
College-Educated
93%
High-School Grad
126.0 sq mi
ZIP Area
383
Density / Sq Mi
$50,413
Median Household Income
$27,305
Median Earnings
$973
Median Rent
$323,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Shovel-ready land near University of Arkansas with utilities on site.
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: City approval secured for a **20‑unit townhouse project** with transferable engineering plans.; Shovel‑ready site with utilities on site** (water, sewer, and electricity) reduces development costs and accelerates timelines.; Zoned RI‑U with no density restrictions allows zero‑lot‑line construction and flexible design.
