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    2365 Oak St Conway, AR 72032

    Sponsored
    For Sale
    $1,750,000

    12.54 Acres, C-3 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 12.54-acre commercial land parcel presents a remarkable investment opportunity in Conway, Arkansas. Strategically located on Highway 64 East, this C-3 zoned property enjoys a prominent position directly in front of the Conway Expo Center and Faulkner County Fairgrounds Complex, benefiting from an estimated 22,000 vehicles per day. Its prime location makes it ideal for a variety of high-impact developments, including a convention center or large-scale retail establishments. The seller is willing to subdivide the land into smaller parcels to accommodate diverse development plans. This property offers significant potential for growth and return on investment. Utilities, including Conway Corp water and sewer, are conveniently located nearby. Please note that mineral rights are not included in the sale. The asking price for this exceptional property is $1,750,000.

    Property Features for 2365 Oak St

    General Information

    Property type
    Land
    Lot Size
    546,242 SF

    HighLights

    • Price: $1,750,000
    • Lot Size: Approximately 12.54 Acres
    • Daily Traffic Count: Approximately 22,000 Vehicles
    • Zoning: C‑3
    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 Building Supply Clothing Store Gym & Fitness 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
    -92.3897169
    Latitude
    35.0898286

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    FAQs

    What type of property is this?
    Land - 12.54 Acres, C-3 Zoning, High Traffic
    Where is this land located?
    The property is located at 2365 Oak St Conway, AR.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Price: $1,750,000; Lot Size: Approximately 12.54 Acres; Daily Traffic Count: Approximately 22,000 Vehicles
    (501) 626-2121
    Request Owner's contact information
    2365 Oak St Conway, AR 72032
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    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
    2365 Oak St Conway, AR 72032
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