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    870 Enterprise Ave Conway, AR 72032

    Sponsored
    For Sale
    $1,100,000

    Prime Conway development land, C-3 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.81-acre commercial land parcel, located at 870 Enterprise Ave in Conway, Arkansas, presents a unique investment opportunity. Situated in Faulkner County, zip code 72032, this property boasts a highly desirable C-3 commercial zoning designation, opening doors to a wide range of development possibilities. The asking price is $1,100,000. Its strategic location offers unparalleled accessibility, with convenient proximity to Interstate 40, ensuring high visibility and significant traffic exposure. Daily traffic counts on nearby Dave Ward Drive average approximately 35,000 vehicles, while I-40 sees an impressive 61,000 vehicles daily. This translates to substantial potential for attracting customers and maximizing return on investment. The expansive lot size provides ample space for various commercial ventures, making it an ideal canvas for ambitious development plans. Don't miss this chance to acquire a prime piece of Conway real estate poised for significant growth and profitability. Serious inquiries only.

    Property Features for 870 Enterprise Ave

    General Information

    Property type
    Land
    Lot Size
    78,844 SF

    HighLights

    • 1.81‑acre lot
    • $1,300,000 sale price
    • Excellent I‑40 access
    • C‑3 Commercial zoning
    • High traffic counts: 35,000 VPD on Dave Ward Drive and 61,000 VPD on I‑40
    Property Profile Location Intelligence

    Current Use by Public Records

    Regions Mortgage Mortgage Lender ATM (Regions Bank) Atm Western Union Money Transfer Service Regions Bank Bank

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4271056
    Latitude
    35.0671227

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    FAQs

    What type of property is this?
    Land - Prime Conway development land, C-3 zoning.
    Where is this land located?
    The property is located at 870 Enterprise Ave Conway, AR.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 1.81-acre lot; $1,300,000 sale price; Excellent I-40 access
    (501) 372-6161
    Request Owner's contact information
    870 Enterprise Ave 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
    870 Enterprise Ave Conway, AR 72032
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