3795 Donnell Ridge Rd, Conway, AR 72034
This exceptional 25.87-acre tract presents a remarkable investment opportunity in Conway, Arkansas. Ideally situated adjacent to the planned Conway Western Loop, this property boasts unparalleled access and visibility. Zoned MF-2, it offers significant potential for multifamily development, catering to the growing demand for housing in the area. The land enjoys approximately 1,300 feet of frontage along Donnell Ridge Road, providing ample space for development and easy access. Its convenient location offers proximity to Dave Ward Drive and area shopping centers, enhancing its appeal to potential residents. The seller is willing to subdivide the property to accommodate various development plans. All city utilities are readily available, simplifying the construction process. This property represents a unique chance to capitalize on Conway's thriving real estate market and create a successful multifamily development. The asking price is $1,032,500. The property is located at 3795 Donnell Ridge Road, Conway, AR 72034, in Faulkner County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.