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Development-Ready Land in Conway
For Sale
$425,000

940 Carolyn Ln, Conway, AR 72034

Level land in Conway's medical corridor, ready for development.

Property SizeContact for details
Days on Market315

Property Features for 940 Carolyn Ln

General Information

Standard status Active
Property subtype VacantLand
Listing Agency: Kelley Commercial Partners
Listed By: Bill Puddephatt
Source: Commercialcafe
Added: Nov 25, 2025 Changed: Oct 4 Last Checked: Oct 5 at 3:24PM

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 Kelley Commercial Partners

Investment Insights

Based on property information with market context.

This level site presents an exceptional opportunity for immediate development. Zoned O-2, the property permits medical, professional office, retail, and other compatible uses. It is located in the heart of Conway’s established medical corridor, just off Conway’s major arterials, Dave Ward Road and Donaghey Avenue. The property is in close proximity to Conway’s two regional hospitals, the University of Central Arkansas (UCA), and a variety of restaurants, medical and professional offices, retail centers, and a growing residential population.

Key Highlights

  • Level site ready for immediate development.
  • Zoned O‑2, permitting medical, professional office, retail, and other compatible uses.
  • Located in the heart of Conway’s established medical corridor.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Auto Repair Shop HVAC Service Kitchen & Bath Showroom Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 72034, AR

47,873
Population
22,523
Households
2.1
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
47.9 sq mi
ZIP Area
999
Density / Sq Mi
$61,675
Median Household Income
$40,511
Median Earnings
$993
Median Rent
$250,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Level land in Conway's medical corridor, ready for development.
Where is this land located?
The property is located at 940 Carolyn Ln Conway, AR.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Level site ready for immediate development.; Zoned O‑2, permitting medical, professional office, retail, and other compatible uses.; Located in the heart of Conway’s established medical corridor.
More about this property
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