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    1000 Fannie Dr Conway, AR 72034

    For Sale
    $862,488

    1.65 Acres, C-3 Zoning, $862,488

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.65-acre commercial land parcel presents a remarkable investment opportunity in Conway, Arkansas. Strategically located at 1000 Fannie Dr., this property boasts a highly desirable C-3 zoning designation, opening doors to a wide array of commercial development possibilities. The asking price is $862,488, translating to a land value of $7.50 per square foot. Situated just off Dave Ward Drive, this location offers excellent visibility and accessibility, ensuring high traffic flow and potential for significant return on investment. The property's address is 1000 Fannie Dr., Conway, AR 72034, within Faulkner County. Its convenient location and versatile zoning make it ideal for a variety of commercial ventures. The ownership entity is Covington Sturgis Rd Complex LLC. This prime piece of land is ready for development, offering a unique chance to establish a thriving business in a growing community. Detailed site plans and zoning information are readily available upon request. Don't miss this exceptional opportunity to acquire a highly sought-after commercial property in a thriving Arkansas market. Serious inquiries only.

    Property Features for 1000 Fannie Dr

    General Information

    Property type
    Land
    Lot Size
    71,874 SF

    HighLights

    • $862,488 asking price for 1.65 acres of commercial land.
    • C‑3 zoning.
    • Located at 1000 Fannie Dr, Conway, AR 72034.
    • Land value: $7.50 per square foot.
    • Owned by Covington Sturgis Rd Complex LLC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4364633
    Latitude
    35.0631927

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    FAQs

    What type of property is this?
    Land - 1.65 Acres, C-3 Zoning, $862,488
    Where is this land located?
    The property is located at 1000 Fannie Dr Conway, AR.
    What is the asking price?
    The asking price for this property is $862,488.
    What are key features of this property?
    This property features: $862,488 asking price for 1.65 acres of commercial land.; C-3 zoning.; Located at 1000 Fannie Dr, Conway, AR 72034.
    (501) 329-3357
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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
    1000 Fannie Dr Conway, AR 72034
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