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1505 E Oak St 1.17 Acres of Commercial Land Offered at $565,000 in Conway, AR 72032
Investment Highlights
- Pad-ready site positioned for immediate development.
- Seconds from Conway Commons and major retail destinations.
- Zoned C-3 Commercial allowing for flexible development options.
- Over 24,000 vehicles per day on East Oak Street ensuring strong visibility.
- Convenient access to Interstate 40 for regional traffic connections.
- Surrounded by national brands and dense residential neighborhoods.
Executive Summary
The commercial land, located at 1505 E. Oak Street in Conway, Arkansas, is now being listed for sale by Colliers | Arkansas. This is a great opportunity to acquire 1.17 acres of commercial-zoned land with quick and convenient access to Interstate 40. The versatile site offers outstanding potential for a wide range of commercial uses, making it ideal for investors, developers, owner-users, service businesses, office, or mixed commercial development.
Property Facts
| Price | $565,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.17 AC |
| Property Type | Land | ||
| Zoning | C-3 - Commercial | ||
| Price | $565,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.17 AC |
| Zoning | C-3 - Commercial |
1 Lot Available
Lot
| Price | $565,000 | Lot Size | 1.17 AC |
| Price Per AC | $482,905.98 |
| Price | $565,000 |
| Price Per AC | $482,905.98 |
| Lot Size | 1.17 AC |
Description
The property consists of an unimproved 1.17-acre parcel located on E. Oak Street in Conway, Arkansas. It lies on a major commercial corridor connecting to Interstate 40 and is within close proximity to Conway Commons shopping center. The zoning designation is C-3, allowing for a range of commercial uses. The lot is exposed to significant vehicle traffic and is bordered by established retail and service businesses, providing connectivity to surrounding neighborhoods and regional routes.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 710-07907-005 | Improvements Assessment | $0 |
| Land Assessment | $101,930 | Total Assessment | $101,930 |
Property Taxes
Parcel Number
710-07907-005
Land Assessment
$101,930
Improvements Assessment
$0
Total Assessment
$101,930
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