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    For Sale (52)

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    Greenbrier Church with Ample Parking
    $145,000
    3,600 SF

    Greenbrier Church with Ample Parking

    Country church in excellent condition with parking on 1.51 acres.

    930 Highway 225 E, Greenbrier, AR 72058
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    Conway Land Ready For Development
    $799,000
    8.63 Acres

    Conway Land Ready For Development

    Commercial land with C-3 zoning, near I-40 and downtown.

    Harkrider St, Conway, AR 72032
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    Conway Subdivision Building Lot
    $104,500
    0.89 Acres

    Conway Subdivision Building Lot

    Residential land for sale in Conway, Arkansas.

    Orch Hl Lot 9, Conway, AR 72034
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    Residential Lot in New Subdivision
    $114,000
    0.70 Acres

    Residential Lot in New Subdivision

    Residential land for sale in Conway's newest subdivision.

    Orch Hl Lot 4, Conway, AR 72034
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    Greenbrier Wooded Acreage For Sale
    $180,180
    13.86 Acres

    Greenbrier Wooded Acreage For Sale

    13.86-acre wooded tract near Woolly Hollow State Park.

    000 Mcnew Cemetery Rd, Greenbrier, AR 72058
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    Residential Lot in Established Subdivision
    $33,500
    1.66 Acres

    Residential Lot in Established Subdivision

    Approximately 1.66 acre residential lot with road frontage.

    Tbd Burrow, Morrilton, AR 72110
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    Conway Acreage Fronting I-40
    $1,861,500
    21.90 Acres

    Conway Acreage Fronting I-40

    21.9 acres fronting I-40, outside Conway city limits.

    00 Muskogee Rd, Conway, AR 72032
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    Conway, AR Residential Lot
    $55,000
    0.85 Acres

    Conway, AR Residential Lot

    Buildable lot with utilities and highway access in Conway.

    32 Smt Addition, Conway, AR 72034
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    Commercial Lot on Dave Ward
    $240,000
    0.85 Acres

    Commercial Lot on Dave Ward

    0.85 acre commercial lot with high traffic exposure.

    1005 Dave Ward Dr, Conway, AR 72034
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    Solgohachia Residential Lot For Sale
    $69,000
    5.07 Acres

    Solgohachia Residential Lot For Sale

    5.07 acre residential lot in Solgohachia, Arkansas.

    00 Solgohachia Rd, Solgohachia, AR 72156
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    Commercial Lot in Conway, AR
    $292,000
    1.12 Acres

    Commercial Lot in Conway, AR

    Commercial land for sale in Conway, Arkansas, zoned C-3.

    3770 Prince St, Conway, AR 72034
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    Conway Acreage with City Water
    $415,750
    16.63 Acres

    Conway Acreage with City Water

    16.63 acres of land with city water access.

    000 Gold Mine Springs Rd, Conway, AR 72032
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    Commercial Lot on Dave Ward
    $1,500,000
    2.50 Acres

    Commercial Lot on Dave Ward

    2.5-acre commercial lot with high visibility and utilities.

    2.5 Acres Dave Ward Dr, Conway, AR 72034
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    Conway, AR Subdivision Lot
    $57,500
    0.44 Acres

    Conway, AR Subdivision Lot

    Residential lot with utilities in Conway, Arkansas.

    3270 Nob Hl Dr, Conway, AR 72034
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    Residential Lot in Hot Springs
    Contact for pricing
    0.26 Acres

    Residential Lot in Hot Springs

    Residential lot with road frontage near Lake Balboa and golf.

    00 Fastota Way, Hot Springs Village, AR 71909
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    Magnolia Acreage For Homesite or Hunting
    $185,000
    60.00 Acres

    Magnolia Acreage For Homesite or Hunting

    60 acres suitable for homesite and hunting near Magnolia, AR.

    Columbia Road 5, Magnolia, AR 71753
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    Conway Subdivision Lot For Sale
    $108,000
    1.82 Acres

    Conway Subdivision Lot For Sale

    Residential land in Conway's newest subdivision on Round Mountain.

    Orch Hl Lot 8, Conway, AR 72034
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    Vilonia, AR Residential Lot
    $115,000
    5.00 Acres

    Vilonia, AR Residential Lot

    5-acre partially wooded lot with pond near Vilonia.

    3 S Mount Olive Rd, Vilonia, AR 72173
    View details
    Petit Jean Mountain Acreage
    $697,000
    160.00 Acres

    Petit Jean Mountain Acreage

    160 acres with Arkansas River views on Petit Jean.

    160 Acres America Rd, Morrilton, AR 72110
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    Residential Lot in Conway Subdivision
    $104,500
    0.84 Acres

    Residential Lot in Conway Subdivision

    Building lot available in Conway's newest subdivision on Round Mountain.

    Orch Hl Lot 7, Conway, AR 72034
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    Conway Subdivision Building Lot
    $104,500
    0.81 Acres

    Conway Subdivision Building Lot

    Residential land for sale in Conway, Arkansas.

    Orch Hl Lot 12, Conway, AR 72034
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    Residential Lot in New Subdivision
    $120,000
    0.72 Acres

    Residential Lot in New Subdivision

    Residential lot available in Conway's newest subdivision.

    Orch Hl Lot 5, Conway, AR 72034
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    Commercial Lot Near I-40
    $799,000
    8.63 Acres

    Commercial Lot Near I-40

    Commercial land with development potential, conveniently located near I-40.

    Harkrider St, Conway, AR 72032
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    30 Acres Wooded Land
    $300,000
    30.00 Acres

    30 Acres Wooded Land

    30 acres of wooded land suitable for hunting and recreation.

    30 Acres Davies Ln, Morrilton, AR 72110
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    Conway Land For Sale
    $1,861,500
    21.90 Acres

    Conway Land For Sale

    21.9 acres fronting I-40, borders commercial property.

    00 Muskogee Rd, Conway, AR 72032
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    Conway Acreage: Build Your Dream
    $207,750
    8.31 Acres

    Conway Acreage: Build Your Dream

    8.31 acre lot in Conway, AR – build your dream home!

    2 Gold Mine Springs Rd, Conway, AR 72032
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    Conway Subdivision Lot For Sale
    $114,000
    1.08 Acres

    Conway Subdivision Lot For Sale

    Residential land in Conway's newest subdivision on Round Mountain.

    Orch Hl Lot 1, Conway, AR 72034
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    Residential Land in Hot Springs
    Contact for pricing
    0.22 Acres

    Residential Land in Hot Springs

    0.22 acre residential land for sale in Hot Springs Village.

    Tbd Ln Janda Cir, Hot Springs Village, AR 71909
    View details
    Residential Lot in Orchard Hill
    $200,000
    1.04 Acres

    Residential Lot in Orchard Hill

    Building lot with view in Conway, Arkansas.

    4 Orchard Hill Dr, Conway, AR 72034
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    Residential Lot in New Subdivision
    $114,000
    0.86 Acres

    Residential Lot in New Subdivision

    Residential land for sale in Conway's newest subdivision.

    Orch Hl Lot 31, Conway, AR 72034
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    Residential Lot in Conway Subdivision
    $80,000
    0.69 Acres

    Residential Lot in Conway Subdivision

    Residential lot available in Conway's newest subdivision on Round Mountain.

    Orch Hl Lot 2, Conway, AR 72034
    View details
    Conway Acreage Building Lot
    $65,000
    2.92 Acres

    Conway Acreage Building Lot

    2.92 acre building lot outside city limits.

    1 Old Military Rd, Conway, AR 72034
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    Residential Lot in Conway, AR
    $99,750
    0.86 Acres

    Residential Lot in Conway, AR

    Residential land for building a dream home in Conway.

    Orch Hl Lot 15, Conway, AR 72034
    View details
    Commercial Lot on Hogan Lane
    $650,000
    2.19 Acres

    Commercial Lot on Hogan Lane

    Prime commercial property with high visibility in Conway, Arkansas.

    2 Goddard Addition Hogan Ln, Conway, AR 72034
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    Conway Subdivision Lot For Sale
    $104,500
    0.97 Acres

    Conway Subdivision Lot For Sale

    Residential land for sale in Conway, Arkansas, approximately 0.97 acres.

    Orch Hl Lot 11, Conway, AR 72034
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    Residential Lot in Conway, AR
    $99,750
    0.84 Acres

    Residential Lot in Conway, AR

    Residential lot available in Conway's newest subdivision.

    Orch Hl Lot 14, Conway, AR 72034
    View details
    Conway, AR Acreage Building Lot
    $65,000
    2.78 Acres

    Conway, AR Acreage Building Lot

    2.78 acre building lot outside city limits.

    2 Old Military Rd, Conway, AR 72034
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    Conway Acreage Building Lot
    $75,000
    3.79 Acres

    Conway Acreage Building Lot

    3.79 acre building lot in Conway, Arkansas.

    3 Old Military Rd, Conway, AR 72034
    View details
    Conway Commercial Lot For Sale
    $375,000
    1.15 Acres

    Conway Commercial Lot For Sale

    Commercial lot in Conway, Arkansas, zoned C-2.

    00 College Ave, Conway, AR 72034
    View details
    Residential Lot in New Subdivision
    $114,000
    0.86 Acres

    Residential Lot in New Subdivision

    Residential land for sale in Conway's newest subdivision.

    Orch Hl Lot 28, Conway, AR 72034
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    Residential Lot in Gated Community
    Contact for pricing
    0.28 Acres

    Residential Lot in Gated Community

    Residential lot in Hot Springs Village near Lake Balboa.

    38 Fletante Way, Hot Springs Village, AR 71909
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    Conway Residential Building Lot
    $63,000
    3.03 Acres

    Conway Residential Building Lot

    3.03 acre residential lot in Conway, Arkansas.

    2 Round Mountain Rd, Conway, AR 72034
    View details
    Conway Residential Lot with Views
    $245,000
    2.37 Acres

    Conway Residential Lot with Views

    2.37 acre residential lot with panoramic Pinnacle Mountain views.

    4 Orchard Hill Dr, Conway, AR 72034
    View details
    Residential Lot in Orchard Hill
    $125,000
    1.78 Acres

    Residential Lot in Orchard Hill

    Residential lot with mature trees and city conveniences.

    6 Orchard Hill Dr, Conway, AR 72034
    View details
    Conway, AR Acreage For Sale
    $208,000
    8.32 Acres

    Conway, AR Acreage For Sale

    8.32 acre lot suitable for building a dream home.

    3 Gold Mine Springs Rd, Conway, AR 72032
    View details
    Conway Acreage with Concrete Drive
    $125,000
    8.66 Acres

    Conway Acreage with Concrete Drive

    8.66 acres outside city limits with concrete drive.

    5 Old Military Rd, Conway, AR 72034
    View details
    Wooded Land Near Woolly Hollow
    $84,500
    6.50 Acres

    Wooded Land Near Woolly Hollow

    Wooded acreage ideal for custom home, cabin, or recreation.

    00 Mcnew Cemetery Rd, Greenbrier, AR 72058
    View details
    Prime Commercial Land on Hogan
    $650,000

    Prime Commercial Land on Hogan

    Commercial property with road frontage and high visibility on Hogan.

    2 Goddard Addition Hogan Ln, Conway, AR 72034
    View details
    Commercial Land Zoned C-2
    $375,000

    Commercial Land Zoned C-2

    Commercial land available for sale, zoned C-2.

    00 College Ave, Conway, AR 72034
    View details
    Commercial Land Parcel For Sale
    $292,000

    Commercial Land Parcel For Sale

    Commercial land available, can be purchased with adjoining parcel.

    3770 Prince St, Conway, AR 72034
    View details
    Land on Round Mountain Road
    $91,700

    Land on Round Mountain Road

    Land available on Round Mountain Road in Conway, Arkansas.

    5 Round Mountain Rd, Conway, AR 72034
    View details
    Land For Sale
    $207,750

    Land For Sale

    Land available on Goldmine Springs Road, Conway, AR.

    2 Gold Mine Springs Rd, Conway, AR 72032
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    ERA TEAM Real Estate
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