1150 Dave Ward Dr Conway, AR 72032
- Flex space
- 59,950 SF
- 17.53 lot acres
Current Use by Public Records
- Flex space
Property Details for 1150 Dave Ward Dr
- Lot size
- 17.53 lot acres
- Property size
- 59,950 SF
- Property type
- 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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.4409
- Latitude
- 35.0683
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
