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    3795 Donnell Ridge Rd Conway, AR 72034

    Sponsored
    For Sale
    $1,032,500

    Prime Conway location, multifamily potential, 25+ acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 25.87-acre tract presents a remarkable investment opportunity in Conway, Arkansas. Ideally situated adjacent to the planned Conway Western Loop, this property boasts unparalleled access and visibility. Zoned MF-2, it offers significant potential for multifamily development, catering to the growing demand for housing in the area. The land enjoys approximately 1,300 feet of frontage along Donnell Ridge Road, providing ample space for development and easy access. Its convenient location offers proximity to Dave Ward Drive and area shopping centers, enhancing its appeal to potential residents. The seller is willing to subdivide the property to accommodate various development plans. All city utilities are readily available, simplifying the construction process. This property represents a unique chance to capitalize on Conway's thriving real estate market and create a successful multifamily development. The asking price is $1,032,500. The property is located at 3795 Donnell Ridge Road, Conway, AR 72034, in Faulkner County.

    Property Features for 3795 Donnell Ridge Rd

    General Information

    Property type
    Land
    Lot Size
    1,126,897 SF

    HighLights

    • $1,032,500 asking price.
    • 25.87‑acre land parcel.
    • MF‑2 zoning.
    • Located in Conway, AR, at 3795 Donnell Ridge Rd, Faulkner County, 72034.
    • Prime location adjacent to the future Conway Western Loop, with easy access to Dave Ward Drive and area shopping.
    • Up to 1,300 feet of frontage on Donnell Ridge Road.
    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 Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.493393827939
    Latitude
    35.059717881723

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    FAQs

    What type of property is this?
    Land - Prime Conway location, multifamily potential, 25+ acres.
    Where is this land located?
    The property is located at 3795 Donnell Ridge Rd Conway, AR.
    What is the asking price?
    The asking price for this property is $1,032,500.
    What are key features of this property?
    This property features: $1,032,500 asking price.; 25.87-acre land parcel.; MF-2 zoning.
    (501) 626-2121
    Request Owner's contact information
    3795 Donnell Ridge Rd 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
    3795 Donnell Ridge Rd Conway, AR 72034
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