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1150 Dave Ward DrConway, AR 72032

12.71 Acres, Prime Commercial Location

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 12.71-acre commercial and industrial land parcel presents a remarkable development opportunity in Conway, Arkansas. Located at the highly visible, signalized intersection of Dave Ward Drive and South German Lane, this property boasts plentiful frontage and excellent visibility. Dave Ward Drive sees over 33,000 vehicles daily, while South German Lane experiences over 7,300, ensuring significant traffic exposure. The level topography and hard corner access simplify development. The site benefits from its strategic location within an Opportunity Zone, offering potential tax advantages. Surrounding the property are numerous national and regional retailers, including McDonald's, Krispy Kreme, and Starbucks, creating a strong retail synergy. Its proximity to the University of Central Arkansas (less than 1.2 miles, over 12,000 students) and Hendrix College (less than 3 miles) provides a substantial student population base. Furthermore, the property's location one mile west of I-40 (over 100,000 vehicles per day) offers easy access to major transportation routes. The property is zoned C-3 & I-3, allowing for a variety of development options. Conway's consistent economic growth and population increase make this a compelling investment opportunity in a thriving market. The area has seen significant development in the past decade, indicating a strong potential for future growth and return on investment.

Highlights

  • High-visibility corner lot at Dave Ward Drive (33,000 VPD) and South German Lane (7,300 VPD).
  • Excellent frontage and visibility on Dave Ward Drive, accessible from both directions.
  • Located in an Opportunity Zone.
  • Strong co-tenancy with national and regional retailers including McDonald's, Krispy Kreme, and Starbucks.
  • 1.2 miles (2-minute drive) from the University of Central Arkansas (12,000+ students).
  • 1 mile west of I-40 (100,000+ VPD).

Property Details for 1150 Dave Ward Dr

Property type
Land, Industrial properties
Lot Size (sq. ft)
553,648 SF

Location Insight

City
Conway
County
Faulkner
State
Arkansas
Latitude
35.0678802
Longitude
-92.4396325
1150 Dave Ward Dr, Conway, Arkansas

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1150 Dave Ward Dr
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