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    2515 Oak St Conway, AR 72032

    Sponsored
    For Sale
    $599,000

    High-impact retail land near Conway Expo Center.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 5.85-acre commercial land parcel, located at 2515 E. Oak Street in Conway, Arkansas (72032), presents a unique investment opportunity. Situated in Hart Plaza along Highway 64 East, this property enjoys a high-visibility location directly in front of the Conway Expo Center and Faulkner County Fairgrounds Complex, ensuring significant exposure to a large volume of traffic. The property is zoned C-3, making it ideal for a variety of commercial developments. The seller is willing to subdivide the land into smaller parcels to accommodate various development plans. This prime location offers excellent potential for high-impact retail businesses seeking a prominent presence in a thriving area. Conway Corp water is readily available on the property, and sewer lines are conveniently located nearby, simplifying infrastructure connections. It's important to note that mineral rights are not included in this sale. This 5.85-acre tract represents a rare chance to acquire a strategically positioned commercial property with substantial development potential in a rapidly growing community. Don't miss this opportunity to secure a piece of Conway's vibrant commercial landscape.

    Property Features for 2515 Oak St

    General Information

    Property type
    Land
    Lot Size
    254,826 SF

    HighLights

    • $599,000 asking price.
    • 5.85‑acre land parcel.
    • C‑3 zoning.
    • Located at 2515 E. Oak Street, Conway, AR 72032, in Hart Plaza, fronting Highway 64 East.
    • Near Conway Expo Center and Faulkner County Fairgrounds.
    • Water available; sewer nearby.
    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
    -92.3881495
    Latitude
    35.0906788

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    FAQs

    What type of property is this?
    Land - High-impact retail land near Conway Expo Center.
    Where is this land located?
    The property is located at 2515 Oak St Conway, AR.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: $599,000 asking price.; 5.85-acre land parcel.; C-3 zoning.
    (501) 626-2121
    Request Owner's contact information
    2515 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
    2515 Oak St Conway, AR 72032
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