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    650 Hogan Ln Conway, AR 72034

    Sponsored
    For Sale
    $1,450,000

    High-growth Conway location, near major retailers.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 18.65-acre commercial land parcel presents a remarkable investment opportunity in Conway, Arkansas. Located within the Conway Marketplace shopping center, this property boasts unparalleled visibility and accessibility due to its prime road frontage. The strategic location directly adjoins Walmart and other established retailers, ensuring high traffic volume and significant exposure for any future development. Zoned C-3 and R-1, this versatile land offers a wide range of development possibilities, catering to diverse commercial and residential uses. The property's substantial size provides ample space for large-scale projects, making it ideal for businesses seeking significant expansion or new ventures. Situated in a rapidly growing area of western Conway, this land offers exceptional long-term growth potential. The asking price is $1,450,000. Please note that mineral rights are not included in this sale. This is a rare opportunity to acquire a premier commercial property in a thriving Arkansas market. The property address is 650 S. Hogan Lane, Conway, AR 72034, within Faulkner County.

    Property Features for 650 Hogan Ln

    General Information

    Property type
    Land
    Lot Size
    812,394 SF

    HighLights

    • 18.65‑acre commercial land parcel in Conway, AR's Conway Marketplace shopping center.
    • Prime road frontage with high visibility and accessibility, adjacent to Walmart and other retailers.
    • C‑3 and R‑1 zoning allows for diverse commercial and residential development.
    • Large‑scale development potential in a rapidly growing area of western Conway.
    • Asking price: $1,450,000 (mineral rights excluded). Address: 650 S. Hogan Lane, Conway, AR 72034.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.492415842347
    Latitude
    35.072905949806

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    FAQs

    What type of property is this?
    Land - High-growth Conway location, near major retailers.
    Where is this land located?
    The property is located at 650 Hogan Ln Conway, AR.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: 18.65-acre commercial land parcel in Conway, AR's Conway Marketplace shopping center.; Prime road frontage with high visibility and accessibility, adjacent to Walmart and other retailers.; C-3 and R-1 zoning allows for diverse commercial and residential development.
    (501) 626-2121
    Request Owner's contact information
    650 Hogan Ln 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
    650 Hogan Ln Conway, AR 72034
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