Property profile

3600 Dave Ward Dr Conway, AR 72034

FOR SALE
Commercial land
Property ID
US05-0213717
0.99 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.99-acre commercial lot presents a prime development opportunity in Conway, Arkansas. Located within the Conway Marketplace East shopping center, this property boasts approximately 201 feet of highway frontage, ensuring excellent visibility and accessibility. Its strategic location is adjacent to a Walmart and other established retailers, guaranteeing high traffic volume and strong consumer presence. The property is zoned C-3, allowing for a wide range of commercial uses. This high-growth area of west Conway offers significant potential for investors seeking a strong return. All Conway Corp utilities are readily available, simplifying the development process. The asking price is $375,000. This is a rare opportunity to acquire a well-situated commercial lot with significant development potential in a thriving Arkansas market. The property's size and location make it an attractive investment for businesses seeking high visibility and convenient access to a large customer base. Water and sewer services are conveniently located near the property. Don't miss this chance to secure a piece of Conway's vibrant commercial landscape.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.99 ac (43,124 SF)
APN 712-12284-112
UPID US05-0213717

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3600 Dave Ward Dr Conway, AR 72034
Conway metro Census 31001 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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