Property profile

0 Tilk Rd Conway, AR 72032

OFF-MARKET
Land
8.87 ac lot
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Property summary

AI-generated overview

This exceptional 8.87-acre commercial land parcel in Conway, Arkansas, offers unparalleled visibility and accessibility. Located on Tilk Road and JR Drive, the property boasts over 1,900 feet of frontage along Interstate 40, a major thoroughfare with approximately 67,000 vehicles passing daily. Currently zoned I-3 (Industrial), this site presents significant potential for rezoning to accommodate various commercial uses, given its strategic location near the thriving commercial corridor along Dave Ward Drive. The property's proximity to major retail centers like Lewis Crossing and Lewis Ranch, and the University of Central Arkansas, ensures a substantial population base within a 5-mile radius. The asking price is $3,863,772. The property's APN is 712-07142-000, 712-07137-001. This high-impact location, with its easy highway access and exceptional visibility, makes it an ideal investment for developers seeking a prominent presence in Conway's growing market. The property is situated in Faulkner County, Arkansas, with a Conway zip code of 72032. Its latitude and longitude coordinates are 35.0798093 and -92.4148397, respectively.

Property profile

Verified
Property type Land
Lot 8.87 ac (386,377 SF)

Cap rate & NOI

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

Location

Tilk Rd Conway, AR 72032
Conway metro
Google Maps

Value estimations

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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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