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Financial
Distress signals
Property profile

2845 W Prince St Conway, AR 72034

FOR SALE
Other commercial real estate
Property ID
US05-0074869
1,960 SF 0.34 ac lot
Last sale Apr 2022
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial building is configured for multi-room use, featuring a main lobby and eight separate rooms that support a variety of office and service functions. The property is situated on a main street, providing direct client access, and is located in proximity to downtown and nearby shopping, UCA, and Conway Regional Hospital. The building includes an HVAC system that was installed in July 2025, supporting climate control for year-round occupancy. The interior layout is designed to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$39k
Assessed land$15k
Assessed improvement$24k
Effective rate5.06%

Value estimate

· Oct 2026
$240k
$216k – $264k
AI approach$240k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$4k
Operating expenses−$8k
NOI · 7.02% cap applied$25k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$145/SF
County average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$27 – $261
Qualifying comparables5

Cap rate analysis

How does the asset earn?
7.02%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFAULKNER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.9
Realty agency17.6
Building Supply12.6

Location

2845 W Prince St Conway, AR 72034
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2113 Prince, Conway, AR 72034-3737 $215,000 Mar 2025 3,000 SF
Hartje L Dave Ward, Conway, AR 72034 $64,000 Dec 2022 No data
931 Locust, Conway, AR 72034-5332 $120,000 Oct 2021 4,204 SF
2159 Prince, Conway, AR 72034-3737 $290,000 Sep 2021 374 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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