Property profile

940 Runway Ave Conway, AR 72032

OFF-MARKET
Warehouses
Property ID
US05-0013171
8,000 SF 2.11 ac lot Built 2009
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2009
Total area 8,000 SF
Lot 2.11 ac (91,912 SF)
APN 712-07139-040
UPID US05-0013171

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

940 Runway Ave Conway, AR 72032-7115
Conway metro Census 30900 LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$795k
CAP Approach CAP
$560k
Comparable Approach Comparable
$564k
Blend (final) Blend
$765k

Owner & transaction history

since 2023
Last sale
$850,000
7 recorded transactions
2023
Price N/A
2023
$850,000
2019
Price N/A
2017
$750,000
2016
Price N/A
2010
Price N/A
2007
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +171.0%
Retail stores $990,000 +130.9%
Office building $875,000 +103.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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