797 Cherry Lane

Fayetteville , AR 72701

MLS#: 1331152

$675,000

Status: Active
Listing number: 1331152
Listing provided by: Infinity Real Estate Group
Listing agent phone: None
Last update: 16 days ago
On site: a month ago
Browse Properties
Fayetteville Outlots - Land

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Lot size

1.02 acres

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Features

    Level, City Lot, Open Lot

  • Lot Size(acres)

    1.02

  • Property Type

    Land

  • Property Sub Type

    Unimproved Land

Price

  • Sales Price

    $675,000

  • Tax Amount

    1112.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee 2 Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Fayetteville

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    n/a

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Washington

Elementary School

Fayetteville

Middle School

High School

Listing Courtesy of Milton Lamar , Infinity Real Estate Group

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Mikki Dennis

Broker / Owner / REALTOR®

Mikki Dennis

Call Mikki today to schedule a private showing.

(479) 264-7433

mikki.dennis@gmail.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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.

797 Cherry Lane

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

3.31 acres of excellent development potential in desirable North Fayetteville location. Ideal proximity to Washington Regional Medical Center, U of A, I-49, Uptown and many other amenities.
#1335159

Fayetteville

2631 N Gregg Avenue

None Beds

None Baths

3.31 acres

$795,000

MLS#: 1335159

+/- 3.57 acres of LEVEL land with 790 feet of frontage on E 15th St in Fayetteville, Arkansas, which sees +/- 16,000 VPD. Sewer, water, and electric are readily available on site or in close proximity. Positioned in front of a recently constructed subdivision developed by a leading national builder. Partly zoned C-1 Neighborhood Commercial, which would make it a great spot for restaurant/cafe, retail and/or office spaces, QSR, gas station, or Short-Term Rentals. Conveniently located just a short 5-minute drive to Downtown Fayetteville and the University of Arkansas Campus. This parcel is strategically located between two entrances into a new residential development enabling high exposure for a new retail development or many other commercial real estate development opportunities. This lot is zoned Partial NC and Partial C-1: C-1 - Neighborhood Commercial. This zone is made to provide convenience goods and personal services to people living in the surrounding residential area.
#1327047

Fayetteville

1640 S Morningside Drive Lot 2

None Beds

None Baths

3.57 acres

$597,000

MLS#: 1327047

Opportunity zone land located one mile from the Downtown Fayetteville Square and across the street from the newly imagined Walker Park. This commercial and/or residentially zoned land on a high-traffic corridor is prime for development. Recent surveys and appraisal available by request only.
#1323649

Fayetteville

123 E 15th Street

None Beds

None Baths

8.97 acres

$725,000

MLS#: 1323649

Prime .73-acre lot in a central Fayetteville location! Property includes a house considered a tear-down, offering the perfect canvas for redevelopment. Currently zoned residential, but sellers have met with the City and rezoning to multi-family may be considered with proper due diligence. This property provides a variety of possibilities in a highly desirable area near the University of Arkansas, Wilson Park, bus routes, and with easy access to I-49. Buyer is responsible for verifying zoning and development options.
#1321689

Fayetteville

1624 N Gregg Avenue

None Beds

None Baths

0.7349 acres

$549,900

MLS#: 1321689

Two parcels totaling approximately .86 of an acre currently zoned Urban Corridor with a lot of development possibilities both residential and commercial. Located on a corner lot with major street frontage giving the possibility of high visibility and great ingress and egress. The current zoning allows for the possibility of multi-family, offices, eating places, shopping, etc.
#1319867

Fayetteville

0 24th & S. School

None Beds

None Baths

0.437 acres

$600,000

MLS#: 1319867

Investment Opportunity with this lot in Willow Bend! This lot contains approximately 1.74 acres with .46 acres having residential development potential. Two different access points from Waxflower Ave. Located in an area with rising property values, this land has easy access to utilities and would be ideal for spec homes, rental properties or future development.
#1314677

Fayetteville

Lot 31 S Waxflower Street

None Beds

None Baths

1.74 acres

$550,000

MLS#: 1314677

WHY THIS SITE...10,000 VEHICLES PER DAY... WALKING DISTANCE TO UNIVERSITY OF ARKANSAS, BAUM STADIUM AND GREENWAY BIKING TRAIL...(two parcels are for sale) 200ft of road frontage! Discover an exceptional opportunity to invest in Fayetteville! This .69 acre parcel offers endless potential for multifamily development, ideally located just minutes from University of Arkansas college campus and an extensive network of bike trails. With all utilities readily available—including water, sewer, and electricity—this property is development-ready and perfectly suited for townhomes, or student housing. The level terrain provides flexibility in site planning, while the proximity to outdoor recreation, education, and city conveniences ensures high tenant demand. Don’t miss your chance to secure this rare, build-ready acreage in a high-growth corridor.
#1311235

Fayetteville

715 W 15th Street

None Beds

None Baths

0.69 acres

$700,000

MLS#: 1311235

WHY THIS SITE...10,000 VEHICLES PER DAY ...200 square foot ROAD FRONTAGE...Prime .71 Acre Development Opportunity Near College, Baum Stadium and Bike Trails. VALUE IN LAND Discover an exceptional opportunity to invest in level buildable prime land in Fayetteville!!! Located just minutes from University of Arkansas College campus and scenic bike trails. With all utilities readily available—including water, sewer, and electricity—this property is development-ready and perfectly suited for apartments, townhomes, or student housing. The terrain provides flexibility in site planning, while the proximity to outdoor recreation, education, and city conveniences ensures high tenant demand. Don’t miss your chance to secure this rare, build-ready acreage in a high-growth corridor.
#1311237

Fayetteville

711 W 15th Street

None Beds

None Baths

0.71 acres

$700,000

MLS#: 1311237

RARE 2.77-ACRE INDUSTRIAL SITE WITH PRIME ROAD FRONTAGE AND I-49 ACCESS IN NWA. Flat, usable land with electric on-site and public water at the street - ideal for industrial, commercial, or mixed-use development in a high-growth market. Located within a highly desirable industrial park, this property offers excellent visibility, efficient access for transportation and logistics, and strong long-term investment potential. Its strategic position allows quick connectivity throughout Northwest Arkansas, making it well-suited for owner-users, developers, or investors seeking flexibility and scalability. With utilities in place and a site that’s ready to build, this opportunity minimizes upfront development hurdles while maximizing future growth. Properties like this are increasingly hard to find in such a prime location - schedule your showing today and secure a foothold in one of the region’s most rapidly expanding corridors.
#1304989

Fayetteville

(Tract 6B) 10239 NE Campbell Road

None Beds

None Baths

2.77 acres

$551,230

MLS#: 1304989

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service