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Property profile & analytics
FOR LEASE
Drive through restaurants

916 E Oak St Conway, AR 72032

3,216 SF 1 ac lot Built 2020
Entity Owned Free & Clear
Property ID
US05-0196584
Property summary
AI-generated overview

This exceptional 1.49-acre commercial lot presents a prime development opportunity in Conway, Arkansas. Located at 916 E. Oak Street, this single-tenancy property is zoned for commercial and retail use, offering significant potential for ground lease or build-to-suit (BTS) projects. The expansive lot size provides ample space for a variety of commercial ventures, catering to businesses seeking a prominent location within a thriving community. Situated in Faulkner County, the property boasts convenient access to major roadways and essential amenities, ensuring high visibility and accessibility for future tenants or occupants. The address, 916 E. Oak Street, Conway, AR 72032, places the property within a dynamic commercial corridor, promising strong returns on investment. This is an ideal site for developers seeking a strategic location to construct a new building tailored to their specific needs or for investors looking for a lucrative ground lease opportunity. The property's size and location make it an attractive proposition for a wide range of commercial uses, from retail establishments to office spaces, and more. With its strategic location and significant acreage, this property represents a rare opportunity to establish a strong commercial presence in a rapidly growing market. The property is classified as land with a commercial and retail subtype. The total building square footage is listed as 1 square foot, indicating that no existing structures are present, further enhancing the potential for new construction. This presents a blank canvas for developers to create a bespoke commercial space.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2020
Total area 3,216 SF
Lot 1 ac (43,560 SF)
APN 710-07785-001
UPID US05-0196584
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
  • Raising Cane's Chicken Fingers Restaurant Take-out & Catering
  • MDT Investments Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
RIVERSIDE PROPERTIES, LLC
RIVERSIDE PROPERTIES, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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