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    1105 Bob Courtway Dr Conway, AR 72032

    For Sale
    $490,000

    Zoned O-1 land suitable for professional office or commercial use.

    Lot size:
    1.46 Acres

    Property Features for 1105 Bob Courtway Dr

    General Information

    Lot size
    1.46 Acres

    Source: Hathaway Group Agent Wes Martin, SIOR, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land Ready to Build

    This commercial land is zoned O-1, making it suitable for a professional office or other light commercial use. The surrounding area includes banks, auto parts stores, restaurants, insurance offices, and multi-tenant office and commercial buildings. The property offers convenient access to I-40 via Oak Street (US Hwy 64), a primary corridor in Conway. Situated just off Oak Street, the site is across from Conway Commons, which features businesses such as Chick-fil-A, Target, Home Depot, TJ Maxx, Dicks, and Old Navy. Oak Street experiences a traffic count of 31,000 vehicles per day. The site is flat, cleared, and ready for construction. Bob Courtway Drive features a center turn lane for accessibility. The price is $7.70 per square foot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.414215
    Latitude
    35.093495

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    FAQs

    What type of property is this?
    Commercial land - Zoned O-1 land suitable for professional office or commercial use.
    Where is this commercial land located?
    The property is located at 1105 Bob Courtway Dr Conway, AR.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: - Zoned O-1, perfect for professional office or light commercial use; - Convenient access to I-40 via Oak Street (US Hwy 64); - High traffic count of 31,000 VPD on Oak Street
    (501) 765-1585
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    1105 Bob Courtway Dr Conway, AR 72032
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    Conway, AR 72032
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    Realmo Value Estimation

    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.

    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.

    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
    1105 Bob Courtway Dr Conway, AR 72032
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