Property profile

980 Fannie Dr Conway, AR 72034

OFF-MARKET
Land
1.02 ac lot
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Property summary

AI-generated overview

This exceptional 1.02-acre commercial lot presents a prime investment opportunity in Conway, Arkansas. Located at 980 Fannie Dr., this property boasts a highly desirable C-3 zoning designation, opening doors to a wide array of commercial development possibilities. The land is conveniently situated just off Dave Ward Drive, ensuring excellent visibility and accessibility. Priced at $533,184, this represents a land value of $7.50 per square foot. The property's ownership is held by Covington Sturgis Rd Complex LLC. Its location in Faulkner County, Arkansas, zip code 72034 (35.0639041, -92.4366068), offers easy access to local amenities and transportation routes. The expansive lot size provides ample space for various commercial ventures, making it an ideal canvas for entrepreneurs and investors seeking a strategic foothold in a thriving Arkansas market. The C-3 zoning allows for a diverse range of commercial uses, providing flexibility and potential for significant return on investment. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly growing area. Don't miss out on this chance to secure a valuable asset in a dynamic commercial landscape. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 1.02 ac (44,431 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

980 Fannie Dr Conway, AR 72034
Conway metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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