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    4691 Dave Ward Dr Conway, AR 72034

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    For Sale
    Contact for pricing

    30+ Acres, C-3 & MF-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 30.42-acre commercial land parcel presents a unique investment opportunity in Conway, Arkansas. Strategically located at 4691 Dave Ward Dr, 72034, this property offers significant development potential due to its dual zoning designations. The front 11.16 acres are zoned C-3, allowing for a variety of commercial uses, while the rear 19.27 acres are zoned MF-2, opening possibilities for multi-family residential development. This flexible zoning provides investors with diverse options and maximizes potential returns. Access to the property is readily available via an existing road intersecting Dave Ward Drive, ensuring convenient access for both construction and future occupants. The land is situated west of Westin Drive and enjoys a natural border with Tucker Creek, offering a tranquil setting while remaining conveniently located within the thriving Conway community. The property is held under a partnership ownership structure. This prime location and versatile zoning make this a highly attractive investment for developers seeking to capitalize on the growing market in Faulkner County, Arkansas. Detailed zoning information and development guidelines are available upon request. Don't miss this chance to acquire a substantial tract of land with exceptional potential in a desirable location.

    Property Features for 4691 Dave Ward Dr

    General Information

    Property type
    Land

    HighLights

    • 30.42‑acre commercial land parcel in Conway, AR.
    • Zoned C‑3 (11.16 acres) and MF‑2 (19.27 acres).
    • Located at 4691 Dave Ward Dr, Conway, AR 72034.
    • Access via existing road intersecting Dave Ward Drive.
    • Located west of Westin Drive, bordered by Tucker Creek.
    • Partnership ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.507557
    Latitude
    35.0711683

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    FAQs

    What type of property is this?
    Land - 30+ Acres, C-3 & MF-2 Zoning
    Where is this land located?
    The property is located at 4691 Dave Ward Dr Conway, AR.
    What are key features of this property?
    This property features: 30.42-acre commercial land parcel in Conway, AR.; Zoned C-3 (11.16 acres) and MF-2 (19.27 acres).; Located at 4691 Dave Ward Dr, Conway, AR 72034.
    (501) 352-2359
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    4691 Dave Ward Dr Conway, AR 72034
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    Conway, AR 72034
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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
    4691 Dave Ward Dr Conway, AR 72034
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