2415 Prince St Conway, AR 72034-3746
- Medical offices
- 3,090 SF
- 0.83 lot acres
Jul 25, 2024
Current Use by Public Records
- Westrock Orthodontics | Conway / Orthodontist / Dental Clinic
- Rita Ribeiro, DDS / Dental Clinic / Pediatric Dentist
- Reliable Appraisals, LLC / Appraiser
- Outdoor Finance Co / Loan Agency
- Apex Dental Education - Conway / Medical School / Training Centre
Property Details for 2415 Prince St
- Year built
- 1999
- Lot size
- 0.83 lot acres
- Property size
- 3,090 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 710-08380-005
- APU
- 71008380005
Description
This exceptional 9,030-square-foot medical office building in Conway, Arkansas, presents a compelling investment opportunity. Boasting a 7.50% cap rate and an asking price of $2,665,000 ($295.13/SF), this single-story property is situated on a 0.82-acre lot and zoned 0-1. The building is currently multi-tenant, occupied by two highly reputable companies: AXPM Dental Management, LLC, a regional dental management firm with over 100 locations, and LHC Group, a nationally recognized, publicly traded home health agency (NASDAQ: LHCG). This strategic location in the heart of Conway offers exceptional visibility and accessibility, surrounded by a thriving mix of medical, office, retail, and educational institutions. Nearby national retailers include Chick-fil-A and Walmart. The property's proximity to Central Baptist College (4-minute drive), Hendrix College (5-minute drive), and the University of Central Arkansas (3-minute drive) further enhances its appeal and potential for long-term growth. This is a rare opportunity to acquire a high-performing asset in a dynamic and expanding market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.4613
- Latitude
- 35.0917
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
