815 Donaghey AveConway, AR 72034

Property Details for 815 Donaghey Ave

Year built

2021

Lot size

1.02 AC

Property size (Sq ft)

6,304 SF

Property type

Office buildings

APN

710-08561-004

APU

71008561004

Description

This exceptional 6,246-square-foot medical office building, constructed in 2021, is available for sublease at 815 S. Donaghey Ave in Conway, Arkansas. The single-story building sits on a 1.02-acre lot and offers high visibility, boasting approximately 31,500 vehicles daily on Dave Ward Drive and 12,000 on S. Donaghey Avenue. The entire 6,246 square feet is currently vacant, presenting a unique opportunity for a medical practice or other professional business. Located in Faulkner County, this property benefits from its convenient access to Interstate 40, enhancing accessibility for patients and staff. The site also includes a playground, adding a family-friendly element to the location. The lease rate is $20.00 per square foot (NNN). This prime location in a growing area offers a strong potential for success. The property's modern design and convenient amenities make it an ideal space for a variety of medical or professional uses. Don't miss this chance to secure a well-situated medical office in a thriving Arkansas community. The zip code is 72034.

• CAP approach

  CAP return

  Valuation

  6%

  $796,149

  6.5%

  $734,906

  7%

  $682,413

• Comparable approach

  Method

  Valuation

  Relative Method

  $450,925

  Geo Method

  $450,925

• Alternative Use

  Use

  Valuation

  Residential

  $911,284

  Hospitality

  $834,731

  Educational

  $694,487

  Medical

  $718,371

  Retail

  $1,080,312

Location Insight

City

Conway

County

Faulkner

State

Arkansas

Latitude

35.0693

Longitude

-92.4554

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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