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Property profile & analytics
OFF-MARKET
Commercial real estate

1212 Markham St Conway, AR 72032

0.73 ac lot
Property ID
US05-0346639
Property summary
AI-generated overview

This exceptional 0.73-acre lot presents a remarkable opportunity for residential development in the heart of Conway, Arkansas. Located at 1212 Markham Street, this flat, cleared site is ideally positioned for immediate construction. The property boasts a highly desirable RMU (Residential Mixed-Use) zoning designation, allowing for diverse housing options such as multifamily units, townhomes, or other residential projects. Its premium location offers unparalleled convenience and accessibility. Situated just 0.6 miles from Hendrix College and 0.9 miles from the Village at Hendrix, this land benefits from a vibrant, established community. Furthermore, its proximity to Interstate 40 (1.3 miles), a major thoroughfare with a daily traffic count of 66,000 vehicles, ensures excellent visibility and accessibility. The property's address is 1212 Markham Street, Conway, AR 72032, within Faulkner County. The asking price for this exceptional development opportunity is $699,000. The site's flat and cleared nature eliminates the need for extensive site preparation, streamlining the development process and minimizing upfront costs. This makes it an attractive investment for developers seeking a prime location with immediate development potential in a thriving Arkansas community.

Property profile
Verified
Property type Commercial real estate
Lot 0.73 ac (31,799 SF)
UPID US05-0346639
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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