Property profile

4050 Dave Ward Dr Conway, AR 72034

OFF-MARKET
Land
130,680 SF 3 ac lot
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Property summary

AI-generated overview

This exceptional 3-acre commercial land parcel presents a remarkable investment opportunity in Conway, Arkansas. Located within the Conway Marketplace shopping center, this property enjoys a high-traffic location adjacent to a Walmart and other established retailers. The property boasts 130,680 square feet, priced at $2.27 per square foot, and is zoned C-3, allowing for a variety of commercial uses. Multifamily development is permitted with conditional use approval, opening doors to diverse development scenarios. The property's proximity to Conway's Tucker Creek Bicycle and Pedestrian Trail System adds to its appeal, offering potential for a walkable community development. The asking price is $297,000. Mineral rights are excluded from the sale. This prime location offers significant development potential, making it an ideal investment for those seeking high-visibility commercial real estate in a thriving Arkansas market. The address is 4050 Dave Ward Drive, Conway, AR 72034. This property is situated in Faulkner County.

Property profile

Verified
Property type Land
Total area 130,680 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

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

Location

4050 Dave Ward Dr Conway, AR 72034
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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