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    Property profile & analytics
    FOR SALE
    Commercial real estate

    2845 W Prince St, Conway, AR 72034

    1,960 SF 0.34 ac lot
    Individually Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US05-0074869
    Property summary
    AI-generated overview

    This exceptional commercial property presents a unique investment opportunity in the thriving city of Conway, Arkansas. Located at 2845 Prince, this 0.34-acre lot offers significant potential for a variety of commercial ventures. The property's address places it within easy reach of key transportation routes and a diverse range of established businesses, ensuring high visibility and accessibility for any future development. The asking price of $385,000 reflects the strategic value of this land parcel in a rapidly growing market. Its size provides ample space for a range of commercial projects, from small-scale retail outlets to larger-scale developments. The property's location within Conway offers access to a robust local economy and a strong consumer base. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of this land for their specific commercial needs and to explore the zoning regulations and development possibilities. This is an excellent chance to acquire a strategically located commercial property in a dynamic and expanding Arkansas city. The property's size and location make it an attractive investment for both established businesses and new ventures seeking a foothold in a thriving market. Serious inquiries are welcome.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 1,960 SF
    Lot 0.34 ac (14,985 SF)
    APN 710-07576-000
    UPID US05-0074869
    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
    Current use
    Occupant on record · Public records
    • West Prince Animal Hospital - Mike Beard DVM Veterinary Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lowell Calvin Ragsdale · 4 yrs held
    Lowell Calvin Ragsdale
    since 2022
    2 recorded transactions
    2022
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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