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Office Building with Reception Area
For Sale
$199,990

1310 Prince Street, Conway, AR 72034

Commercial / Industrial, Traditional, Conway, AR

Property Size1,278 SF
Lot Size0.26 Acres
Price / SF$156.49
Days on Market56

Property Features for 1310 Prince Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 7
Exterior features Pole Sign, Landscaping
Subdivision Fidders Survey
Directions From 1-40 take 3rd exit turn west onto Oak Street, right on Locust, property is at intersection of Locust & Prince. Sign in yard.
Standard status Active
APN 710-02890-000C
Size 1,278 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Pt Lot 132 Fiddlers Survey
Tax Annual Amount 1724
Legal Description Pt Lot 132 Fiddlers Survey

Building Details

Floors in Building 1
Architectural style Other
Listing Agency: Salter Real Estate, Inc.
Listed By: Reda Salter
Added: Aug 11 Changed: Aug 20 Last Checked: Oct 5 at 2:06PM
MLS# 26034052

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,278-square-foot office building is vacant and arranged for flexible professional use. The interior includes a large foyer with storage, a reception room, kitchenette, bathroom, and front office with an adjoining private office. Three additional rooms can function as offices or exam rooms, providing a practical mix of public, administrative, and private spaces.

The property occupies 0.26 acres at 1310 Prince Street in Conway, Arkansas. Exterior features include a pole sign and landscaping. The building is being offered in its current condition, with the sale made as-is and where-is.

Key Highlights

  • 1,278‑square‑foot vacant office building
  • Large foyer with dedicated storage area
  • Reception room, kitchenette, and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,027
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,540 $320.5K
Cap Rate 7%
$228,957 $229.0K
Cap Rate 9%
$178,078 $178.1K
Market Conditions
NOI Build-Up for 1,278 SF
Gross rent
$23.8K $18.60/SF
− Vacancy
−$2.4K −$1.88/SF
EGI
$21.4K $16.72/SF
− OpEx
−$5.3K −$4.18/SF
NOI
$16.0K $12.54/SF
Area
Faulkner County, AR
Vacancy
10.10%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,540
Cap Rate 7%
$228,957
Cap Rate 9%
$178,078

Alternative Uses

Best Use
Office B
$229.0K
$200.3K – $267.1K (±1% cap)
NOI $16,027 @ 7.0% cap · market cap 8.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$291.5K
$255.1K – $340.1K (±1% cap)
NOI $20,405 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store Electrical Service Garden Center Locksmith Storage Facility Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,552
Businesses Nearby

Demographics for 72034, AR

47,873
Population
22,523
Households
2.1
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
47.9 sq mi
ZIP Area
999
Density / Sq Mi
$61,675
Median Household Income
$40,511
Median Earnings
$993
Median Rent
$250,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Vacant office property with private rooms, a kitchenette, storage, and an exterior pole sign.
Where is this office building located?
The property is located at 1310 Prince Street Conway, AR.
What is the asking price?
The asking price for this property is $199,990.
What are key features of this property?
This property features: 1,278‑square‑foot vacant office building; Large foyer with dedicated storage area; Reception room, kitchenette, and 1 bathroom
More about this property
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