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    Property profile & analytics

    724 2nd St Conway, AR 72032-5662

    • Retail space
    • 2,700 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 04, 2024
    Location Intelligence
    Property ID
    US05-0245255
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hambuchen Lighting / Lighting Store

    Property Details for 724 2nd St

    Year built
    1967
    Lot size
    0.16 lot acres
    Property size
    2,700 SF
    Property type
    Retail space
    APN
    710-03505-000C
    APU
    71003505000C

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4355
    Latitude
    35.0884
    CBSA code
    30780
    CBSA name
    LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,182
    $6,750
    $16,600
    $23,350
    -
    $33,750
    $83,000
    $116,750

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      382 Hwy 65th N

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      382 Hwy 65th N, Conway, AR 72032-3505
      View Details
    • Value Estimation by Request
      7,500 SF

      44 Imperial Ln

      RETAIL STORES (PERSONAL SERVICES) • 7,500 SF
      44 Imperial Ln, Conway, AR 72032-8022
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    • Value Estimation by Request
      4,000 SF

      1105 Jims Ln

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      1105 Jims Ln, Conway, AR 72032-4713
      View Details
    • Value Estimation by Request
      2,500 SF

      1016 Oak St

      RETAIL STORES (PERSONAL SERVICES) • 2,500 SF
      1016 Oak St, Conway, AR 72032-4353
      View Details
    • Value Estimation by Request
      1,392 SF

      750 Enterprise Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,392 SF
      750 Enterprise Ave, Conway, AR 72032-7151
      View Details
    • Value Estimation by Request
      2,558 SF

      913 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 2,558 SF
      913 Frnt St, Conway, AR 72032-4303
      View Details

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    Similar Nearby for Lease

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      Move-in ready retail space in a well-located power center.
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      Retail space in downtown Conway with high traffic visibility.
      805 Monroe St, Conway, AR 72032
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    724 2nd St
    Conway, AR 72032-5662
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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