797 Cherry Ln, Fayetteville, AR 72701
797 Cherry Ln, Fayetteville, AR 72701
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Dylan Coonrod

Dylan Coonrod

+1(417) 296-9880
$ 675,000
Est. payment | /mo

1.02 Acres Lot

Save
$ 675,000
Est. payment | /mo
Save

1.02 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Fayetteville Outlots

MLS Listing ID 1331152

HOA Y/N No

Annual Tax Amount $1,112

Lot Size 1.020 Acres

Acres 1.02

Property Sub-Type Unimproved Land

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.

Location

State AR

County Washington

Community Fayetteville Outlots

Direction Left on S Cherry Ln from Huntsville, Property on left hand side

Exterior

Fence Partial

Utilities Available Natural Gas Available, Electricity Available

Waterfront Description None

View Y/N Yes

Topography Level

Road Frontage Public Road

Building

Lot Description City Lot, None, Open Lot, Level

Sewer Public Sewer

Water Public

Schools

School District Fayetteville

Others

Special Listing Condition None

Listed by Infinity Real Estate Group

NEARBY SCHOOLS & PROPERTIES

Dylan Coonrod

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(417) 296-9880

dylan@jonathanleachteam.com

619 S Florida, Joplin, MO 64801, Unite States

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797 Cherry Ln