Conway, AR
Commercial Real Estate Market Trends & Data

$417 Avg asking sale price
$16 Avg asking lease rate
90,658 SF Avg unit lease size
48,960 SF Avg building size for sale
7.23% Average cap rate

Conway's Demographic Profile

Conway has 26,582 households and a median income of $51,434, providing context for rent absorption and tenant demand across retail and multifamily assets. A +7% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 67,202
# Households 26,582
Median age 32
Median household income $51,434
Avg household size 2.0
Renter-occupied housing units 14,166
5-year population change +7%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Conway, AR

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Conway $388 55,447 SF 7.20%
Sherwood $190 18,774 SF 8.94%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Conway $169 105,432 SF 8.50%
Sherwood $219 10,820 SF 6.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Conway $398 8,967 SF
Wooster $571 4,200 SF
Vilonia $124 12,406 SF
Maumelle $481 3,536 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Conway $176 21,451 SF 6.82%
Maumelle $176 41,136 SF 6.82%
North Little Rock $332 57,516 SF 9.82%

Commercial Properties For Sale in Conway

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

15620 Mac Arthur Dr

North Little Rock, AR 72118

  • 9,014 SF Retail Building
  • 8.00% Cap Rate
  • $540,000
For Sale

Interstate 40

Conway, AR 72032

  • 343.47 AC Lot
  • 1 Commercial Lot
  • $9,250,000
For Sale

1350 E Dave Ward Dr

Conway, AR 72032

  • 1.47 - 13.55 AC Lots
  • 6 Commercial Lots
  • $1,280,664 - $12,758,724
For Sale

0 Club Manor

Maumelle, AR 72113

  • 1.55 AC Lot
  • 1 Commercial Lot
  • $750,000
For Sale

PEDIATRICS PLUS - FARM | 3% ANNUAL INCREASES

Conway, AR 72034

  • 10,000 SF Retail Building
  • 7.20% Cap Rate
  • $5,834,944
For Sale

ROTOLO'S | ABSOLUTE NET | 2% ANNUAL BUMPS

Conway, AR 72034

  • 4,976 SF Retail Building
  • 7.00% Cap Rate
  • $3,449,543

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Conway pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Conway $417 48,960 SF
Mayflower $185 26,700 SF
Wooster $805 4,200 SF
Vilonia $84 16,644 SF
Greenbrier $4,158 3,278 SF

Regional Demographic Comparison

This comparison places Conway alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Conway or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Conway 67,202 26,582 32 $51,434 2 14,166 7%
Mayflower 2,010 851 47 $63,023 2 214 9%
Wooster 937 332 40 $88,719 3 52 7%
Vilonia 4,395 1,493 36 $66,538 3 332 7%
Greenbrier 6,518 2,350 36 $59,574 3 583 9%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Conway, AR and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Conway

View All Commercial Real Estate For Sale in Conway
Is Conway a good market for a first-time commercial real estate investor?

Conway offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Conway?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Conway. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Conway?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Conway. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Conway compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Conway. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Conway acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Conway, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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