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    1105 Bob Courtway Dr Conway, AR 72032

    For Sale
    $490,000

    1.46-acre commercial lot, prime Conway location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 1.46-acre commercial lot, located at 1105 Bob Courtway Drive in Conway, Arkansas (72032), is offered for sale at $490,000. Zoned O-1, this flat, cleared site is ideally suited for professional offices or other light commercial uses. Its exceptional location offers convenient access to Interstate 40 via Oak Street (US Hwy 64), a major Conway thoroughfare boasting 31,000 vehicles per day. The property sits directly off Oak Street, across from Conway Commons, a vibrant shopping center anchored by national retailers such as Chick-fil-A, Target, Home Depot, TJ Maxx, Dick's Sporting Goods, Old Navy, and more. This ensures high visibility and accessibility for any business. Bob Courtway Drive features a center turn lane, providing easy ingress and egress. The land is priced at $7.70 per square foot and is virtually ready for immediate development. Surrounding businesses include banks, auto parts stores, restaurants, insurance offices, and multi-tenant office/commercial buildings, creating a thriving commercial environment.

    Property Features for 1105 Bob Courtway Dr

    General Information

    Property type
    Land
    Lot Size
    63,598 SF

    HighLights

    • $490,000 asking price.
    • O‑1 Zoning.
    • Ideal for professional offices or light commercial use.
    • High‑traffic location near banks, auto parts stores, restaurants, and other commercial buildings.
    • Convenient I‑40 access via Oak Street (US Hwy 64), with 31,000 VPD.
    • Across from Conway Commons, anchored by major retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4152019
    Latitude
    35.092932

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    FAQs

    What type of property is this?
    Land - 1.46-acre commercial lot, prime Conway location.
    Where is this land located?
    The property is located at 1105 Bob Courtway Dr Conway, AR.
    What is the asking price?
    The asking price for this property is $490,000.
    What are key features of this property?
    This property features: $490,000 asking price.; O-1 Zoning.; Ideal for professional offices or light commercial use.
    (501) 978-4971
    Request Owner's contact information
    1105 Bob Courtway Dr 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
    1105 Bob Courtway Dr Conway, AR 72032
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