1150 Dave Ward DrConway, AR 72032

Property Details for 1150 Dave Ward Dr

Lot size

17.53 AC

Property size (Sq ft)

59,950 SF

Property type

Industrial properties

Property subtype

Flex space

APN

710-08533-003I

APU

71008533003I

Description

This exceptional 12.71-acre commercial and industrial land parcel presents a remarkable development opportunity in Conway, Arkansas. Located at the highly visible, signalized intersection of Dave Ward Drive and South German Lane, this property boasts plentiful frontage and excellent visibility. Dave Ward Drive sees over 33,000 vehicles daily, while South German Lane experiences over 7,300, ensuring significant traffic exposure. The level topography and hard corner access simplify development. The site benefits from its strategic location within an Opportunity Zone, offering potential tax advantages. Surrounding the property are numerous national and regional retailers, including McDonald's, Krispy Kreme, and Starbucks, creating a strong retail synergy. Its proximity to the University of Central Arkansas (less than 1.2 miles, over 12,000 students) and Hendrix College (less than 3 miles) provides a substantial student population base. Furthermore, the property's location one mile west of I-40 (over 100,000 vehicles per day) offers easy access to major transportation routes. The property is zoned C-3 & I-3, allowing for a variety of development options. Conway's consistent economic growth and population increase make this a compelling investment opportunity in a thriving market. The area has seen significant development in the past decade, indicating a strong potential for future growth and return on investment.

• Alternative Use

  Use

  Valuation

  Residential

  $10,907,086

  Hospitality

  $9,990,832

  Educational

  $8,312,255

  Medical

  $8,598,126

  Retail

  $12,930,174

Location Insight

City

Conway

County

Faulkner

State

Arkansas

Latitude

35.0683

Longitude

-92.4409

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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