Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Prominent Center Title is generated by Realmo AI

    201 Skyline Dr, Conway, AR 72032

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail spaces ranging from 1,125 SF - 9,900 SF available.

    Type:Retail
    Property size:
    9,900 SF
    Added:
    Feb 1, 2024
    Days on Market:
    855
    Last Refresh:
    May 12 at 9:41 pm

    Property Features for 201 Skyline Dr

    General Information

    Standard status
    Active
    Size
    9,900 SF
    Property subtype
    Retail

    Spaces For Lease

    at 201 Skyline Dr Contact us

    We can help!

    Listing Contact
    Jordan Brooks
    Jordan Brooks

    Listing agent Jordan Brooks License #SA00096188

    Listing office Jones Aur - Little Rock Office

    Listing date Feb 1, 2024

    Source Crexi

    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 Jones Aur - Little Rock Office

    HighLights

    • Retail space available from 1,125 SF to 9,900 SF
    • Located in a prominent shopping center
    • Located at the intersection of I‑40 and Highway 65

    Overview

    Retail space is available in a prominent shopping center, with sizes ranging from 1,125 square feet to 9,900 square feet. The property is located at the intersection of I-40 and Highway 65.
    Location Intelligence

    Current Use by Public Records

    Citi Trends Women'S Clothing Store Turney Margaret E ... Dental Office Moore Leah Dental Office Cato Fashions Clothing & Fashion Store El Acapulco Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Pharmacy

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

    Similar Places Nearby

    • Brannan Plaza — 2104 SWN Dr, Conway, AR 72032

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.428154
    Latitude
    35.112526

    Nearby Similar for Lease

    • $1,250/Mo
      1,000 SF

      Charming Conway Office Space

      Comfortable office space with separate entrance and included utilities.
      1622 Donaghey Unit 2 Avenue, Conway, AR 72034
      View Details
    • $5,866/Mo
      4,800 SF

      Conway Office/Warehouse with Storage

      Versatile commercial space near Highway 64 with ample parking.
      1290 Dons Ln, Conway, AR 72032
      View Details
    • $20 SF/Yr
      4,012 SF

      Office Space with Drive-Through

      Office space with drive-through available for lease.
      3700 Dave Ward Dr, Conway, AR
      View Details
    • $12 SF/Yr
      800 SF

      Downtown Retail or Office Space

      Small retail or office space with great visibility and access.
      611 Court St, Conway, AR
      View Details
    • $2,975/Mo
      1,536 SF

      Medical Office Space Available

      Medical office space for rent near Conway Regional Medical Center.
      2425 Dave Ward Dr, Conway, AR
      View Details
    • $22 SF/Yr
      1,400 SF

      Upscale Retail Space in Conway

      Retail space available in upscale lifestyle center in Conway, AR.
      2235 Dave Ward Dr, Conway, AR
      View Details
    • $12 SF/Yr
      1,200 SF

      Downtown Office Space Available

      Office space in a good downtown area for rent.
      1014 Main St, Conway, AR
      View Details
    • $8 SF/Yr
      2,000 SF

      Office Space Near Dave Ward

      Office space with garage and private restroom near Dave Ward.
      600 S German Lane , Conway, AR
      View Details
    • $14 SF/Yr
      2,820 SF

      Visible Office Space on Dave Ward

      Office space with private restrooms and multiple rooms available for rent.
      2915 Dave Ward Dr, Conway, AR
      View Details
    • $12 SF/Yr
      4,020 SF

      Office Space Near Dave Ward

      Office space with private offices and conference rooms for rent.
      505 E Dave Ward Dr, Conway, AR
      View Details
    • $39 SF/Yr
      4,622 SF

      Retail Space with Highway Access

      Retail space with strong brand presence and highway accessibility.
      1025 S Amity Rd, Conway, AR
      View Details
    • $19 SF/Yr
      1,200 SF

      New Retail Space Available

      Brand new retail space off Dave Ward Drive for rent.
      700 Shelby Trl, Conway, AR
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces ranging from 1,125 SF - 9,900 SF available.
    Where is this shopping center located?
    The property is located at 201 Skyline Dr Conway, AR.
    What are key features of this property?
    This property features: Retail space available from 1,125 SF to 9,900 SF; Located in a prominent shopping center; Located at the intersection of I‑40 and Highway 65
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jordan Brooks
    Jordan Brooks
    Real Estate License ID: SA00096188
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    201 Skyline Dr, Conway, AR 72032
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!