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1145 Bob Courtway Dr - Lot 5 1.46 Acres of Commercial Land Offered at $390,000 in Conway, AR 72032
Investment Highlights
- Easy access to Interstate 40.
- Located in a Federal Designated Opportunity Zone
- Traffic Counts on Oak Street - 34,000 VPD.
- Ideal for a Mixed Use Development as per the Oak Street Ahead Plan
Executive Summary
This 1.46 acre plot of land is currently zoned 0-1. This lot would be ideal for a development that contained a mix of office, residential, and some retail uses which would be allowed under the Oak Street Ahead corridor plan that was adopted in March of 2023. In addition to the Oak Street Ahead plan, the Connect Conway Trail will be built within a half block of this lot. This property is also in an Opportunity Zone which adds to the benefit of developing this property.
Property Facts
| Price | $390,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.46 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | O-1 - O-1 | ||
| Price | $390,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.46 AC |
| Opportunity Zone |
Yes |
| Zoning | O-1 - O-1 |
1 Lot Available
Lot 5
| Price | $390,000 | Lot Size | 1.46 AC |
| Price Per AC | $267,123.29 |
| Price | $390,000 |
| Price Per AC | $267,123.29 |
| Lot Size | 1.46 AC |
Description
This property is one block north of Highway 64 East and is across the street from Bob Courtway Middle School and is near the City of Colleges Park softball complex. It is also within a couple of hundred feet of the future Connect Conway Trail and 2 blocks from Conway Commons, a 600,000 square foot regional shopping center, with major tenants including Kohl's, Belk, Home Depot, Target, TJ Maxx, Pier 1 Imports, Petsmart, Old Navy, Chili's, TGI Friday's, Buffalo Wild Wings, Dick's Sporting Goods, and ChickfilA. This property is also close to Hendrix College and has easy access to Interstate 40.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 710-07779-005 | Improvements Assessment | $0 |
| Land Assessment | $42,860 | Total Assessment | $42,860 |
Property Taxes
Parcel Number
710-07779-005
Land Assessment
$42,860
Improvements Assessment
$0
Total Assessment
$42,860
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1145 Bob Courtway Dr - Lot 5