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    278XII Highway 64 Conway, AR 72032

    For Sale
    $306,250

    Prime Conway location, high development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 12.25-acre commercial land parcel presents a compelling investment opportunity in Conway, Arkansas. Strategically situated in the Highway 64 Business Park, the property boasts convenient access to both US Highway 64 and Interstate 40, ensuring excellent visibility and connectivity. The expansive lot offers considerable flexibility for a wide range of commercial or residential developments, catering to diverse business needs and growth strategies. Its prime location within close proximity to Conway's thriving urban center makes it an attractive prospect for businesses seeking a strategic foothold in a dynamic market. The property's address is 278XII Hwy 64 E, Conway, AR 72032, within Faulkner County. The asking price is $306,250. Please note that mineral rights are not included in this sale. While this listing features 12.25 acres, the seller may have additional acreage available for purchase; interested parties should inquire for details. This is a rare opportunity to acquire a significant land holding in a high-growth area with exceptional potential for future appreciation.

    Property Features for 278XII Highway 64

    General Information

    Property type
    Land
    Lot Size
    533,610 SF

    HighLights

    • $306,250 asking price.
    • 12.25‑acre commercial land parcel.
    • Located in Conway, AR, in Highway 64 Business Park.
    • Convenient access to US Hwy 64 and I‑40.
    • High development potential for commercial or residential use.
    • Additional acreage may be available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Hair Salon Auto Repair Shop Clothing Store Gym & Fitness Skin Care Clinic Kitchen & Bath 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
    -92.374602550064
    Latitude
    35.088970674933

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    FAQs

    What type of property is this?
    Land - Prime Conway location, high development potential.
    Where is this land located?
    The property is located at 278XII Highway 64 Conway, AR.
    What is the asking price?
    The asking price for this property is $306,250.
    What are key features of this property?
    This property features: $306,250 asking price.; 12.25-acre commercial land parcel.; Located in Conway, AR, in Highway 64 Business Park.
    (501) 626-2121
    Request Owner's contact information
    278XII Highway 64 Conway, AR 72032
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    278XII Highway 64
    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
    278XII Highway 64 Conway, AR 72032
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