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    751 Highway 365 S Conway, AR 72032
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    Property profile & analytics

    751 Highway 365 S, Conway, AR 72032

    View on Map
    • Flex space
    • 202,891 SF
    • 33.45 lot acres
    For Sale
    $12,935,000
    View Listing →
    Industrial Property in Conway, Arkansas For Sale
    $12,935,000
    33.45 Acres

    Industrial Property in Conway, Arkansas

    Industrial property available for sale in Conway, Arkansas.

    751 Highway 365 S, Conway, AR
    View Listing
    Property ID
    US05-0278198
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Flex space

    Property Details for 751 Highway 365 S

    Lot size
    33.45 lot acres
    Property type
    Flex space
    APN
    710-08094-000I
    APU
    71008094000I

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,449,000
      Market price range: $1.39M - $4.62M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,450,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    County
    Faulkner
    State
    Arkansas
    Longitude
    -92.4337
    Latitude
    35.069
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,670,000
      345,136 SF

      Hwy 365th S Bruce

      LIGHT INDUSTRIAL
      Hwy 365th S Bruce, Conway, AR 72032
      View Details
    • Value Estimation
      $1,740,000
      216,696 SF

      200 Commerce Rd

      LIGHT INDUSTRIAL
      200 Commerce Rd, Conway, AR 72032
      View Details
    • Value Estimation by Request
      10,000 SF

      1790 Amity Rd

      LIGHT INDUSTRIAL
      1790 Amity Rd, Conway, AR 72032-9097
      View Details
    • Value Estimation by Request
      13,000 SF

      Hwy 65th N

      LIGHT INDUSTRIAL
      Hwy 65th N, Conway, AR 72032
      View Details
    • Value Estimation by Request
      12,660 SF

      175 Tilk Rd

      Distribution properties
      175 Tilk Rd, Conway, AR 72032
      View Details
    • Value Estimation by Request
      14,040 SF

      900 Runway Dr

      Flex space
      900 Runway Dr, Conway, AR 72032
      View Details

    Similar Nearby for Sale

    • $200,000
      7.25 Acres

      Conway Land on Highway 64

      7.25 acre corner lot suitable for commercial or storage facility.
      738 B, Conway, AR 72032
      View Details
    • Contact for pricing
      400,000 SF

      400,000 SF Industrial Facility

      400,000 SF industrial facility with expandable acreage for sale.
      1500 S Amity Rd, Conway, AR 72032
      View Details
    • Contact for pricing

      Industrial Property in Conway, Arkansas

      Industrial property available for sale in Conway, Arkansas.
      751 Highway 365 S, Conway, AR 72032
      View Details
    • Contact for pricing
      400,000 SF

      400,000 SF Industrial Facility

      400,000 SF crane-served facility on 45 expandable acres.
      1500 S Amity Rd, Conway, AR 72032
      View Details

    Similar Nearby for Lease

    • $5,866 /Mo

      Conway Office/Warehouse with Storage

      Versatile commercial space near Highway 64 with ample parking.
      1290 Dons Ln, Conway, AR 72032
      View Details
    • Contact for pricing

      Flex Space Near Conway Commons

      Flex space near Conway Commons shopping plaza with ample parking.
      1150 Museum Rd, Conway, AR 72032
      View Details
    • Contact for pricing

      Single Tenant Office Space

      Office space available for single tenant occupancy.
      719 Front St, Conway, AR 72032
      View Details
    • Contact for pricing

      Prime Retail Corridor Land

      1.49 acres available for ground lease or build-to-suit.
      916 E Oak St, Conway, AR 72032
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Power Center

      Move-in ready retail space in a well-located power center.
      1260 S Amity Rd, Conway, AR 72032
      View Details
    View Listing
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    Conway, AR 72032
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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    751 Highway 365 S, Conway, AR, 72032
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