1105 Oak StConway, AR 72032

Property Details for 1105 Oak St

Year built

2008

Lot size

1.44 AC

Property size (Sq ft)

6,652 SF

Property type

Turn key restaurants

APN

710-07984-002

APU

71007984002

Description

This exceptional 6,652-square-foot retail space is located at 1105 E Oak St in Conway, Arkansas, within Faulkner County. The property is a single-tenant building, currently entirely vacant, presenting a unique opportunity for immediate occupancy. Situated in Conway, Arkansas, known for its rapid growth, this location offers unparalleled visibility and accessibility. The building's substantial size provides ample space for a variety of retail uses, allowing for flexible design and layout to suit individual business needs. Its strategic placement ensures convenient customer access, benefiting from proximity to major highways, maximizing exposure to potential customers. The property is ideal for both established businesses seeking expansion and entrepreneurs looking to establish a new presence in a thriving market. The address is 1105 E Oak St, Conway, AR 72032. The property's size and location in a high-growth area make it an attractive investment opportunity with significant potential for return. The entire 6,652 square feet is available for lease, offering a blank canvas for a new business venture. This property presents a rare chance to secure a substantial retail space in a dynamic and expanding city. The property is classified as Commercial Retail.

• CAP approach

  CAP return

  Valuation

  6%

  $1,554,278

  6.5%

  $1,434,718

  7%

  $1,332,238

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,199,060

  Geo Method

  $1,199,060

• Alternative Use

  Use

  Valuation

  Residential

  $1,210,238

  Hospitality

  $1,108,572

  Educational

  $922,319

  Medical

  $954,039

  Retail

  $1,434,718

Location Insight

City

Conway

County

Faulkner

State

Arkansas

Latitude

35.0909

Longitude

-92.4157

CBSA code

30780

CBSA name

LITTLE ROCK-NORTH LITTLE ROCK, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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