42 Ranchette, Conway, AR 72032
SINGLE_FAMILY - Conway, AR
- Added:
- Jun 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 12 at 10:06 am
Property Features for 42 Ranchette
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- Size
- 1,758 SF
- Lot size
- 5.00 Acres
Taxes and HOA fees
- Tax Description
- attached
- Tax Annual Amount
- 779
Building Details
- Year built
- 1976
- Floors in Building
- 1
Listing agent Robin Jones (501) 766-3418
Listing office LPT Realty Conway 2450 N Donaghey, Little Rock, AR (501) 291-3841
Listing date Jun 10, 2026
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.
HighLights
- 1976‑built commercial property in Conway with a large office space and ample parking
- Currently operating as a wrecker service, suitable for towing companies and related uses
- Approximately 5 acres of usable land for vehicle, equipment, or fleet storage
- Additional structure on‑site with potential for renovation into a residence, rental, or expanded office space
Overview
Located in Conway, Arkansas (Faulkner County), the site includes approximately five acres of usable land, offering room to accommodate vehicle and job-related storage needs. The property is presented as a flexible commercial holding suitable for businesses that want space to run day-to-day operations from one location.
For tenants, buyers, and operators, the current configuration supports towing companies, contractors, landscapers, and construction businesses that require office space alongside parking and outdoor storage. Investors and owner-users may also find value in the ability to adapt the additional structure through renovation to meet evolving needs, whether for expanded administrative space or a separate income-generating use.
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 | $32.7k | $18.60 |
| − Vacancy | −$3.3k | −$1.88 |
| EGI | $29.4k | $16.72 |
| − OpEx | −$7.3k | −$4.18 |
| NOI | $22.0k | $12.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.370429
- Latitude
- 35.082369
