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    520 United Dr Conway, AR 72032

    For Sale
    $439,084

    1.12-acre lot, prime Conway location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.12-acre commercial lot presents a unique investment opportunity in Conway, Arkansas. Strategically located near Baptist Medical Center, this level parcel is ideally suited for medical offices or related services. The property boasts a highly desirable C-3 zoning classification, representing the highest commercial zoning available in the area, offering maximum flexibility for development. All utilities are conveniently located nearby, ensuring seamless infrastructure integration for any future construction. Access is easily facilitated via South Harkrider Street, providing excellent visibility and convenient access for both employees and clients. Furthermore, this property is situated within an impact fee exempt zone, representing significant cost savings for developers. The asking price for this prime commercial land is $439,084.80. The address is 520 United Dr, Conway, AR 72032, in Faulkner County. This exceptional location, combined with its superior zoning and convenient access, makes this lot an unparalleled investment opportunity for discerning buyers seeking a high-return venture in a thriving Arkansas market. Don't miss this chance to acquire a piece of Conway's vibrant commercial landscape.

    Property Features for 520 United Dr

    General Information

    Property type
    Land
    Lot Size
    48,787 SF

    HighLights

    • Level commercial lot near Baptist Medical Center.
    • Excellent for medical offices.
    • C‑3 zoning, highest commercial zoning available.
    • Utilities readily accessible from South Harkrider St.
    • Impact fee exemption.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Hair Salon Gym & Fitness Auto Repair Shop Wholesale Shop Skin Care Clinic Kitchen & Bath Department Store Food Market HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4241604
    Latitude
    35.0585199

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    FAQs

    What type of property is this?
    Land - 1.12-acre lot, prime Conway location.
    Where is this land located?
    The property is located at 520 United Dr Conway, AR.
    What is the asking price?
    The asking price for this property is $439,084.
    What are key features of this property?
    This property features: Level commercial lot near Baptist Medical Center.; Excellent for medical offices.; C-3 zoning, highest commercial zoning available.
    Request Owner's contact information
    520 United Dr 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
    520 United Dr Conway, AR 72032
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