Property profile

I-40 And Dave Ward Dr Conway, AR 72113

OFF-MARKET
Retail properties & Spaces
441,871 SF
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Property summary

AI-generated overview

This exceptional ±1.97-acre outparcel presents a compelling investment opportunity in Conway, Arkansas. Strategically located at the high-traffic intersection of I-40 and Dave Ward Drive, this property benefits from exceptional visibility and accessibility. The land is part of a thriving, fully leased shopping center, ensuring a stable and established commercial environment. With a total building square footage of 441,871 square feet within the larger center, this outparcel offers significant potential for development or expansion. The property's location in Faulkner County, Arkansas, provides access to a robust local economy and a strong consumer base. The zip code is 72013. This prime retail location is ideal for a variety of uses, offering investors a chance to capitalize on the area's growth and high traffic volume. The site's size and location within a successful shopping center make it an attractive proposition for businesses seeking high visibility and convenient access for customers. The property's existing infrastructure and established commercial context minimize development risks and expedite the process for potential tenants or buyers. This is a rare opportunity to acquire a significant parcel of land in a high-demand retail area. The property's location at a major highway intersection ensures maximum exposure and accessibility, making it an ideal location for a variety of commercial ventures. The 100% leased status of the surrounding shopping center provides a strong indicator of the area's commercial viability and potential for future growth.

Property profile

Verified
Property type Retail properties & Spaces
Total area 441,871 SF

Cap rate & NOI

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

Location

I-40 And Dave Ward Dr Conway, AR 72113
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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