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    OFF-MARKET
    Land

    975 Covington Way, Conway, AR 72034

    1.61 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.61-acre commercial land parcel presents a unique investment opportunity in Conway, Arkansas. Located at 975 Covington Way, this property boasts a highly desirable C-3 zoning designation, opening doors to a wide range of commercial development possibilities. The land is conveniently situated just off Dave Ward Drive, ensuring excellent visibility and accessibility. With a total asking price of $841,584, the land offers a compelling value proposition at $7.50 per square foot. The property's address is precisely 975 Covington Way, Conway, AR 72034, within Faulkner County. Its geographical coordinates are 35.0640244 latitude and -92.4353491 longitude. The ownership entity is Covington Sturgis Rd Complex LLC. This prime location and flexible zoning make this an ideal site for businesses seeking a strategic presence in a thriving Arkansas market. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The property is ready for development and offers significant potential for return on investment. Don't miss this chance to acquire a valuable asset in a rapidly growing area. All information provided is deemed reliable but not guaranteed.

    Property profile
    Verified
    Property type Land
    Lot 1.61 ac (70,132 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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