Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Victory Ln Conway, AR 72032
    Back to Search
    Property profile & analytics

    Victory Ln Conway, AR 72032

    View on Map
    • Specialty properties
    • 1.77 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 Victory Ln

    Lot size
    1.77 lot acres
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 1.77-acre commercial lot in Conway, Arkansas, presents a remarkable investment opportunity. Located at 0 Victory Lane, this property boasts high visibility and accessibility, situated in a high-traffic area with 8,500 cars passing daily. The lot offers significant frontage on Lower Ridge Road, providing excellent exposure for a variety of commercial uses. Recent city improvements, including a new connector road to Highway 65 and Skyline Drive, enhance accessibility and visibility. This versatile land is ideal for retail, restaurant, office, service-based businesses, or multi-family development. The property's location within the Conway city limits ensures access to essential utilities and infrastructure. Its strategic position in a rapidly growing area promises strong future returns. For those seeking a larger footprint, an adjacent 2.21-acre lot is also available for purchase, allowing for expansion or consolidation. This is a rare chance to secure a prime commercial site in a thriving corridor. Asking price is $208,960. The property is conveniently accessed via Skyline Road and Lower Ridge Road. Zip code is 72032.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4077
    Latitude
    35.109

    Comparable in this City

    • Value Estimation by Request
      3.98 Acres

      2 Victory Ln

      Land • 173,368 SF
      2 Victory Ln, Conway, AR 72032
      View Details
    • Value Estimation by Request
      2.21 Acres

      00 Victory Ln

      Land • 2.21 Acres
      00 Victory Ln, Conway, AR 72032
      View Details
    • Value Estimation by Request
      2,246 SF

      1970 Rich Smith Ln

      PROFESSIONAL CLUBS/ASSOCIATIONS • 2,246 SF
      1970 Rich Smith Ln, Conway, AR 72032-4036
      View Details
    • Value Estimation by Request
      5,182 SF

      1223 Jersey St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 5,182 SF
      1223 Jersey St, Conway, AR 72032
      View Details
    • Value Estimation by Request
      4,434 SF

      Hwy 65th S

      CHARITABLE ORGANIZATION • 4,434 SF
      Hwy 65th S, Conway, AR 72032
      View Details
    • Value Estimation by Request
      5,385 SF

      785 Hwy 64th E

      VETERINARY, ANIMAL HOSPITAL • 5,385 SF
      785 Hwy 64th E, Conway, AR 72032
      View Details

    Similar Nearby for Sale

    • $449,000
      0.37 Acres

      Land For Sale, Conway, AR

      Land available in a dynamic central Arkansas community.
      1800 Altus St, Conway, AR 72032
      View Details
    • $40,500

      Land Available in Faulkner County

      Land tract available on Friendship Road, Faulkner County, Arkansas.
      3 Friendship Rd, Conway, AR 72032
      View Details
    • $484,418
      Pending

      Land Available on Brewer Road

      Land for sale located on Brewer Road in Conway.
      000 Brewer Rd, Conway, AR 72032
      View Details
    • $72,000

      Land For Sale Conway, AR

      Land available for purchase in Faulkner County, Arkansas.
      00 Aztec Rd, Conway, AR 72032
      View Details
    • $1,750,000

      Land Available in Conway

      Land on Bronnie Lane in Conway, Arkansas.
      00 Bronnie Ln, Conway, AR 72032
      View Details
    • $175,000

      Conway Land Parcel For Sale

      2.11-acre land parcel in Conway, ideal for investment/development.
      278 C Hwy 64 E, Conway, AR 72032
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in Conway, Arkansas.
      1040 La Ln Pat's, Conway, AR 72032
      View Details
    • Contact for pricing

      Land for Rent in Conway

      Land available for rent at 315 Monroe St, Conway, AR.
      315 Monroe St, Conway, AR 72032
      View Details
    • Contact for pricing

      Land Available Near Interstate 40

      8.94 acres of commercial land for lease or sale.
      2248 Sanders Rd, Conway, AR 72032
      View Details
    • Contact for pricing

      Prime Retail Corridor Land

      1.49 acres available for ground lease or build-to-suit.
      916 E Oak St, Conway, AR 72032
      View Details
    • $5,866 /Mo

      Conway Office/Warehouse with Storage

      Versatile commercial space near Highway 64 with ample parking.
      1290 Dons Ln, Conway, AR 72032
      View Details
    • Contact for pricing
      9,300 SF

      Downtown Conway Office Space

      Office space in the heart of downtown Conway.
      1023 Main St, Conway, AR 72032
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Victory Ln
    Conway, AR 72032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Victory Ln, Conway, AR, 72032
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!