Property profile

975 Fannie Dr Conway, AR 72034

OFF-MARKET
Land
1.14 ac lot
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Property summary

AI-generated overview

This exceptional 1.14-acre commercial lot is ideally situated at 975 Fannie Dr, Conway, AR 72034, just off Dave Ward Drive. The property is zoned C-3, offering a wide range of development possibilities for businesses seeking a prime location in Faulkner County. The asking price is $595,908, translating to a land value of $7.50 per square foot. This represents a compelling investment opportunity in a thriving Arkansas market. The lot's convenient location provides excellent visibility and accessibility, making it an attractive prospect for a variety of commercial ventures. The address is clearly identifiable and easily accessible via established roadways. Ownership is held by Covington Sturgis Rd Complex LLC. This property presents a unique chance to acquire a strategically located commercial parcel ready for development, offering significant potential for future growth and return on investment. The property's size and zoning make it suitable for a variety of commercial uses, subject to local regulations and approvals. Serious inquiries are encouraged to explore the possibilities this prime location offers. Further details regarding the property's specifics are available upon request.

Property profile

Verified
Property type Land
Lot 1.14 ac (49,658 SF)

Cap rate & NOI

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

Location

975 Fannie Dr Conway, AR 72034
Conway metro
Google Maps

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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