Technical
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Distress signals
Property profile

2415 Prince St Conway, AR 72034

OFF-MARKET
Medical Office Space
Property ID
US05-0393193
3,090 SF 0.83 ac lot Built 1999
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Total area 3,090 SF
Lot 0.83 ac (36,155 SF)
APN 710-08380-005
UPID US05-0393193

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Real Estate Agency
  • Loan Service
  • Vocational School Training Center

Location

2415 Prince St Conway, AR 72034-3746
Conway metro Census 30800 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$280k

Owner & transaction history

since 2024
Last sale
$2.5M
7 recorded transactions
2024
$2.5M
2022
Price N/A
2021
Price N/A
2015
$1.4M
2012
Price N/A
2004
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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