2.2

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2.2

Conway, AR 72032
Asking Price
$320K
Asset Type
Land
Class
Class B

What's Special

Situated along the Highway 64 corridor in Conway, Arkansas, this 2.2-acre parcel occupies a strategic position within a growing commercial and residential transition zone. The site offers direct access to major local thoroughfares and sits less than three miles from Interstate 40, facilitating efficient regional connectivity. The surrounding neighborhood features a mix of established retail centers, medical offices, and professional services. Nearby amenities include national dining chains, local shopping plazas, and several residential subdivisions, ensuring steady traffic counts and high visibility in a developing suburban environment. The property is well-suited for diverse commercial development, ranging from quick-service restaurants and retail storefronts to light office or medical facilities. Given the level topography and road frontage, the site provides flexibility for developers seeking to capture the area's increasing consumer demand. Ideal occupants include regional retailers, professional service providers, or healthcare groups looking for a satellite location. The land's size and zoning potential support standalone pad sites or multi-unit commercial buildings designed to serve the local Conway community and passing regional commuters.

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NOI
$80,000
Cap Rate
25.00%
DSCR
4.21
Strong
Cash-on-Cash
63.54%
Monthly Payment
$1,583.185
Annual Cash Flow
$61,001.775

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