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    4035 Dave Ward Dr Conway, AR 72034

    Sponsored
    For Sale
    $198,000

    Prime West Conway acreage, C-3 zoning

    Property size:
    87,120 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a unique investment opportunity in Conway, Arkansas. Located at 4035 Dave Ward Drive, this property boasts approximately 2 to 5.65 acres of land zoned C-3, providing significant development potential. The asking price is $198,000, translating to $2.27 per square foot for the total 87,120 square feet. Additional acreage is available at $99,000 per acre, allowing for expansion opportunities. The property's strategic location within the Conway Marketplace shopping center, directly across from a Walmart-anchored retail center, ensures high visibility and accessibility. Its proximity to Conway's Tucker Creek Bicycle and Pedestrian Trail System further enhances its appeal. The C-3 zoning permits multifamily uses with conditional use approval, opening doors to a variety of development scenarios. This presents a chance to create a thriving commercial development or a walkable community neighborhood, aligning with new urbanism principles. Mineral rights are not included in the sale. This is an exceptional opportunity to acquire prime commercial land in a rapidly growing area.

    Property Features for 4035 Dave Ward Dr

    General Information

    Property type
    Land
    Square Feet
    87,120 SF
    Lot Size
    87,120 SF

    HighLights

    • $198,000 asking price for 87,120 square feet of commercial land.
    • 2 to 5.65 acres available in West Conway, Arkansas.
    • C‑3 zoning permits multifamily uses with conditional approval.
    • Adjacent to Conway Marketplace Shopping Center (Walmart‑anchored).
    • Near Conway's Tucker Creek trail system.
    • New urbanism potential for a walkable community.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -92.497747519863
    Latitude
    35.070913907568

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    FAQs

    What type of property is this?
    Land - Prime West Conway acreage, C-3 zoning
    Where is this land located?
    The property is located at 4035 Dave Ward Dr Conway, AR.
    What is the asking price?
    The asking price for this property is $198,000.
    What are key features of this property?
    This property features: $198,000 asking price for 87,120 square feet of commercial land.; 2 to 5.65 acres available in West Conway, Arkansas.; C-3 zoning permits multifamily uses with conditional approval.
    (501) 626-2121
    Request Owner's contact information
    4035 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
    4035 Dave Ward Dr Conway, AR 72034
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