
1 Acre of Land for Sale in Fayetteville, Arkansas
797 Cherry Ln, Fayetteville, AR 72701
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
- County
- Washington County
- Community
- Fayetteville Outlots
- School district
- Fayetteville
- Elevation
- 1,232 feet
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
PT NE NW 1.02 AC
Details and features
Listing
- Type
- Land
Exterior
- Fencing
- Fenced
- Features
- Fence
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 22, 2025 | New listing | $675,000 | — | ARMLS |