Turnkey Mini-Storage
469 Highway 64 E Conway, AR 72032
469 Highway 64 E, Conway, AR, 72032
$275,000
For Sale
$275,000
Turnkey mini-storage facility with three block one-story buildings, concrete floors, and dedicated customer parking along a major corridor.
Property Size3,500 SF
Lot Size0.37 Acres
Price / SF$78.57
Days on Market285
Property Features for 469 Highway 64 E
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 0.37 Acres
Listing agency
Real Broker
(501) 313-7733
Listed by
Ray Ellen
(501) 313-7733
Source
Exprealty
Added: Oct 11, 2025 Updated: Jul 10 at 1:52PM Checked: Jul 20 at 4:51AM
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 Real Broker
Investment Insights
Based on property information with market context.
This turnkey mini-storage facility includes three one-story storage buildings totaling approximately 3,500 SF. The buildings feature block exterior construction with slab foundations and concrete floors, supporting straightforward, low-maintenance operations. The property also includes 36 parking spaces for customer access, and is presented ready for an owner-operator or investor to manage.
The site is located on a paved, high-traffic corridor just east of I-40 in the Conway area, offering strong Hwy 64 frontage. The facility sits outside city limits and has convenient access for surrounding rooftops, small businesses, and travelers using Hwy 64. The property is positioned on approximately 0.37 acres.
With its combination of drive-up style access support, durable concrete flooring, and a compact multi-building layout, the property is well-suited to operators looking for a manageable storage footprint. The clear customer parking count and direct highway frontage can support efficient day-to-day leasing and customer visits. This is a practical self-storage asset for a first-time buyer or an owner seeking a turnkey operation along a major roadway.
The site is located on a paved, high-traffic corridor just east of I-40 in the Conway area, offering strong Hwy 64 frontage. The facility sits outside city limits and has convenient access for surrounding rooftops, small businesses, and travelers using Hwy 64. The property is positioned on approximately 0.37 acres.
With its combination of drive-up style access support, durable concrete flooring, and a compact multi-building layout, the property is well-suited to operators looking for a manageable storage footprint. The clear customer parking count and direct highway frontage can support efficient day-to-day leasing and customer visits. This is a practical self-storage asset for a first-time buyer or an owner seeking a turnkey operation along a major roadway.
Key Highlights
- Mini‑storage on 0.37± acres with excellent Hwy 64 frontage just east of I‑40 in the Conway area
- Three one‑story block exterior storage buildings totaling approx. 3,500 SF; slab foundation and concrete floors
- Built in 2002 with low‑maintenance construction and straightforward operations
Local Financial Insights For Industrial
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 | $23.1k | $6.60 |
| − Vacancy | −$1.1k | −$0.32 |
| EGI | $22.0k | $6.28 |
| − OpEx | −$6.6k | −$1.88 |
| NOI | $15.4k | $4.40 |
3,500 SF · lease $6.60/SF/yr · vacancy 4.85% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$386.4K
$338.1K – $450.8K
NOI $27,048 @ 7.0% cap · market cap 9.84%
Second Best
Industrial
$219.8K
$192.3K – $256.4K
NOI $15,386 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$798.3K
$698.5K – $931.4K
NOI $55,882 @ 7.0% cap · market cap 20.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Turnkey mini-storage facility with three block one-story buildings, concrete floors, and dedicated customer parking along a major corridor.
Where is this self storage facility located?
The property is located at 469 Highway 64 E Conway, AR.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Mini‑storage on 0.37± acres with excellent Hwy 64 frontage just east of I‑40 in the Conway area; Three one‑story block exterior storage buildings totaling approx. 3,500 SF; slab foundation and concrete floors; Built in 2002 with low‑maintenance construction and straightforward operations
