Property summary
This exceptional commercial land offering presents a unique investment opportunity in Conway, Arkansas. Located at 4035 Dave Ward Drive, this property boasts approximately 2 to 5.65 acres of land zoned C-3, providing significant development potential. The asking price is $198,000, translating to $2.27 per square foot for the total 87,120 square feet. Additional acreage is available at $99,000 per acre, allowing for expansion opportunities. The property's strategic location within the Conway Marketplace shopping center, directly across from a Walmart-anchored retail center, ensures high visibility and accessibility. Its proximity to Conway's Tucker Creek Bicycle and Pedestrian Trail System further enhances its appeal. The C-3 zoning permits multifamily uses with conditional use approval, opening doors to a variety of development scenarios. This presents a chance to create a thriving commercial development or a walkable community neighborhood, aligning with new urbanism principles. Mineral rights are not included in the sale. This is an exceptional opportunity to acquire prime commercial land in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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