Property profile

Parcel 2B Lewis Rnch Conway, AR 72032

OFF-MARKET
Retail properties & Spaces
2.82 ac lot
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Property summary

AI-generated overview

This exceptional 2.82-acre commercial land parcel presents a unique investment opportunity in Conway, Arkansas. Situated within the thriving Lewis Ranch Shopping Center, this single-tenant property boasts unparalleled visibility and accessibility. Located in Faulkner County, with a 72032 zip code, this site benefits from its strategic position near major highways, ensuring a consistent flow of traffic from both local residents and out-of-town visitors. The property's location within a well-established retail center, featuring a diverse mix of national and local businesses, guarantees high foot traffic and a vibrant atmosphere. Ideal for retail, dining, or service-oriented businesses seeking a prominent presence in a bustling commercial area. The property is designated for commercial use and offers significant potential for development. The land's size provides ample space for a variety of building plans, catering to diverse business needs. This prime location within the Lewis Ranch Shopping Center, a 25-acre development, ensures a strong customer base and a thriving business environment. The property's high visibility and convenient access make it an attractive proposition for businesses seeking to establish a strong foothold in the Conway market. This is a rare opportunity to acquire a strategically located commercial land parcel in a rapidly growing area. The property is ready for immediate development, offering a streamlined path to establishing a successful business.

Property profile

Verified
Property type Retail properties & Spaces
Lot 2.82 ac (122,839 SF)

Cap rate & NOI

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

Location

Parcel 2B Lewis Rnch Conway, AR 72032
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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