501 Elsinger Blvd Conway, AR 72032
- Retail space
- 124,079 SF
- 9.58 lot acres
Current Use by Public Records
- Cardtronics ATM / Atm
- Starbucks / Cafe / Coffee Store
- Target Grocery / Grocery Store / Supermarket
- Pizza Hut Express / Pizza Restaurant / Pizza Takeout
Property Details for 501 Elsinger Blvd
- Year built
- 2004
- Lot size
- 9.58 lot acres
- Property size
- 124,079 SF
- Property type
- Retail space
- APN
- 712-07133-006
- APU
- 71207133006
Description
This exceptional 49,654 square foot power center, known as Conway Commons, presents a prime leasing opportunity in the thriving city of Conway, Arkansas. Located at 501 Elsinger Blvd, zip code 72032, this multi-tenant retail property offers immediate access to a high volume of consumers. Currently, there is 1,700 square feet of vacant retail space available for lease, perfect for a variety of businesses seeking high visibility and foot traffic. The property is situated in Faulkner County, providing easy access to major transportation routes and a strong local customer base. The existing tenants create a synergistic environment, attracting a diverse range of shoppers. This power center offers a strategic location within a bustling commercial area, ensuring maximum exposure for your business. The 1,700 square foot space is ready for immediate occupancy and presents a unique chance to establish or expand your retail presence in a thriving Arkansas market. Don't miss this opportunity to secure a prominent location in Conway Commons. Contact us today to schedule a viewing and discuss your leasing needs. The property is classified as Retail, specifically a Power Center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,005,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,260,000
- 6.5%
- $1,180,000
- 7%
- $1,195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,280,000
- Geo Method
- $1,030,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $940,000
- Retail
- $1,105,000
- Mixed-Use
- $1,255,000
- Hospitality
- $1,120,000
- Educational
- $1,165,000
- Residential Income
- $1,100,000
- Energy
- $915,000
- Income-Based Land
- $985,000
- Food Service
- $1,115,000
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Faulkner
- State
- Arkansas
- Longitude
- -92.4141
- Latitude
- 35.086
- CBSA code
- 30780
- CBSA name
- LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA