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    FOR LEASE
    Strip malls

    1150 Museum Rd, Conway, AR 72032

    24,692 SF 1.87 ac lot
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US05-0151277
    Property summary
    AI-generated overview

    This single-story, 24,692 square foot office building, constructed in 1996, is situated on a 1.87-acre lot in Conway, Arkansas. The property is zoned C-3 and features a total of 125 parking spaces. Currently, there is 6,300 square feet of vacant space available for lease, with two spaces totaling 2,100 square feet immediately available. The building boasts a convenient location on the new Museum Road extension, providing easy access to Highways 64 and 65. Its proximity to the Conway Commons shopping plaza, which includes major retailers such as Best Buy, Target, Home Depot, Belk, and Kohl's, ensures high visibility and foot traffic. The property is also conveniently located near several schools and adjacent to the new Conway Soccer Complex. One available suite (Suite 101) includes three large offices, a large conference room, and a storage area with two 12-foot roll-up doors. This property presents a compelling opportunity for businesses seeking a well-located, spacious office building in a thriving Arkansas community. The building has no elevators.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Total area 24,692 SF
    Lot 1.87 ac (81,457 SF)
    APN 710-07788-002C
    UPID US05-0151277
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • WoodmenLife Insurance Agency
    • US Navy Enlisted Recruiting Military Recruiting Office
    • Covenant Life Church Church
    • Christian Care At Conway Adult Day Care
    • US Marine Corps Recruiting Military Recruiting Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.02M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.04M
    Owner & transaction history
    Wilson Capital LLC · 3 yrs held
    Wilson Capital LLC
    since 2023
    Last sale
    $2.1M
    7 recorded transactions
    2024
    2023
    $2.1M
    2021
    $1.7M
    2020
    2017
    2010
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.2M +155.8%
    Office building $2.1M +143.2%
    Retail stores $1.9M +118.2%
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    More about this property
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