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USAARFayettevilleFayetteville Outlots797 S Cherry Ln
797 S Cherry Ln, Home with 0 bedrooms, 0 bathrooms and null parking in Fayetteville AR | Image 1
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$690,000

797 S Cherry Ln, Fayetteville, AR

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes $1,112
Days Active 14
Lot Size 
Approx. Age 
MLS® Number 1319928

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This property offers a prime multifamily development opportunity in one of Northwest Arkansas’s fastest-growing markets. 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.Show Description
MLS® Number1319928
Laundry Level
Central VacNo
FireplaceNo
Acreage1.02
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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