4055 Seraph Drive, Conway, AR 72034
Fully occupied multi-tenant office building with surface parking and frontage on two major roads.
- Added:
- Jun 9, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 6:41 am
Property Features for 4055 Seraph Drive
General Information
- Standard status
- Active
- Size
- 4,900 SF
- Lot size
- 0.53 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agent Clint Bailey License #SA00073895
Listing office Moses Tucker Partners (501) 358-8280
Listing date Jun 9, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Moses Tucker Partners
HighLights
- Fully occupied 2004 multi‑tenant office building in Conway, AR.
- ±4,900 SF building on ±10.53 acres with 24 surface parking spaces.
- Frontage on College Ave (187 ft) and Hogan Ln (124 ft) at a signalized intersection.
- Traffic counts: College Ave 13,000 VPD and Hogan Ln 15,000 VPD.
- Approximately 4 miles to Interstate 40 (92,000+ vehicles daily).
- Close to University of Central Arkansas (less than 2 miles) and major retail/dining.
Overview
The building benefits from prominent frontage on College Avenue and Hogan Lane, with approximately 187 feet on College Avenue and 124 feet on Hogan Lane. It is positioned at a signalized intersection and is supported by reported traffic counts of roughly 13,000 VPD on College Avenue and 15,000 VPD on Hogan Lane, supporting strong visibility for businesses seeking convenient drive-by access. The listing also notes monument signage opportunities.
As a for-sale asset, this office property may appeal to tenants or buyers seeking a stabilized, income-producing office setup with established parking and direct access to two high-traffic corridors in Conway, Arkansas. Its suburban office, medical, and residential positioning can be suitable for professional services that benefit from easy regional access and day-to-day visibility to motorists.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.1k | $18.60 |
| − Vacancy | −$9.2k | −$1.88 |
| EGI | $81.9k | $16.72 |
| − OpEx | −$20.5k | −$4.18 |
| NOI | $61.5k | $12.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.497638
- Latitude
- 35.085861
