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1 Acre of Land for Sale in Fayetteville, Arkansas

797 Cherry Ln, Fayetteville, AR 72701

$675,000
1 acre
Active
ago
Est $4,922/mo

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

Street address
797 Cherry Ln
Community
Fayetteville Outlots
School district
Fayetteville
Elevation
1,232 feet
Coordinates
36.0542, -94.1316

Directions

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

Property details

Acreage
1.02 acres
MLS #
ARMLS 1331152
Posted

Parcels

  • 765-15206-000

Legal description

Details and features

Listing

Type
Land

Exterior

Fencing
Fenced
Features
Fence

Listing history

DateEventPriceChangeSource
Dec 22, 2025New listing$675,000ARMLS
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This 1.02-acre property is located at 797 Cherry Ln in Fayetteville, AR 72701. The property is available for sale for $675,000 with a price per acre of $661,765.

Checked 2 hours ago — Updated

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Copyright (C) 2025 Northwest Arkansas Board of REALTORS(R). All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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