1212 Markham St Conway, AR 72032
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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