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    Tilk Rd Conway, AR 72032

    Sponsored
    For Sale
    $3,863,772

    High-traffic I-40 frontage land. Prime development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8.87-acre commercial land parcel in Conway, Arkansas, offers unparalleled visibility and accessibility. Located on Tilk Road and JR Drive, the property boasts over 1,900 feet of frontage along Interstate 40, a major thoroughfare with approximately 67,000 vehicles passing daily. Currently zoned I-3 (Industrial), this site presents significant potential for rezoning to accommodate various commercial uses, given its strategic location near the thriving commercial corridor along Dave Ward Drive. The property's proximity to major retail centers like Lewis Crossing and Lewis Ranch, and the University of Central Arkansas, ensures a substantial population base within a 5-mile radius. The asking price is $3,863,772. The property's APN is 712-07142-000, 712-07137-001. This high-impact location, with its easy highway access and exceptional visibility, makes it an ideal investment for developers seeking a prominent presence in Conway's growing market. The property is situated in Faulkner County, Arkansas, with a Conway zip code of 72032. Its latitude and longitude coordinates are 35.0798093 and -92.4148397, respectively.

    Property Features for 0 Tilk Rd

    General Information

    Property type
    Land
    Lot Size
    386,377 SF

    HighLights

    • Over 1,900 feet of I‑40 frontage.
    • Approx. 67,000 vehicles per day on I‑40.
    • I‑3 zoning; high potential for commercial rezoning.
    • Located near a thriving commercial corridor.
    • Excellent freeway visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4148397
    Latitude
    35.0798093

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    FAQs

    What type of property is this?
    Land - High-traffic I-40 frontage land. Prime development opportunity.
    Where is this land located?
    The property is located at Tilk Rd Conway, AR.
    What is the asking price?
    The asking price for this property is $3,863,772.
    What are key features of this property?
    This property features: Over 1,900 feet of I-40 frontage.; Approx. 67,000 vehicles per day on I-40.; I-3 zoning; high potential for commercial rezoning.
    (501) 372-6161
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    Tilk Rd Conway, AR 72032
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    Conway, AR 72032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tilk Rd Conway, AR 72032
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