# 797 Cherry Lane, Fayetteville, AR 72701

> **TL;DR:** land, $675,000. Est. $2,925/mo. Listed 112 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $675,000 |
| Lot Size | 44,431 sqft (1.02 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 112 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,925 |
| **Total** | **$2,925** |

## Property Highlights

- 1.02 acre lot

## Description

### Agent 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

- **Address:** 797 Cherry Lane, Fayetteville, AR 72701
- **County:** Washington
- **Neighborhood:** Fayetteville Outlots
- **Coordinates:** 36.054383, -94.131862
- **Google Maps:** https://www.google.com/maps?q=36.054383,-94.131862

## Listing Agent

- **Name:** Milton Lamar
- **Brokerage:** Infinity Real Estate Group
- **Phone:** 4799352093
- **Email:** mllsmb7@gmail.com

## Primary Photo

![797 Cherry Lane - Primary Photo](http://lh.rdcpix.com/a2ca08aa024ded7fa3bf7defac25f066l-f998842601r.jpg)

*2 total photos available on [listing page](https://www.propertysimple.com/listing/797-cherry-lane-fayetteville-ar-72701-1331152)*

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**MLS#:** 1331152 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/797-cherry-lane-fayetteville-ar-72701-1331152)

---

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