Property Overview

Prime Commercial Development Opportunity on Conway's Growing East Side! Position your next development in one of Conway's most active growth corridors. This ±12.54-acre commercial tract on East Oak Street offers outstanding visibility, accessibility, and development potential in a rapidly expanding area of the city.

Located just east of Interstate 40 and near the Conway Expo Center, Faulkner County Fairgrounds, and numerous existing commercial developments, this property is ideally suited for retail, office, hospitality, medical, mixed-use, multifamily, or destination commercial projects.

As Conway continues to experience strong population and economic growth, opportunities for large-scale commercial development sites along East Oak Street have become increasingly limited. This property provides developers, investors, and owner-users with a rare chance to secure a strategic position in one of Central Arkansas' most desirable markets.

Key Features

• Price: $2,750,000

• Lot Size: +/- 12.54 Acres

• Traffic Count: +/- 22,000 VPD

• Seller willing to subdivide into smaller parcels

• Mineral Rights do not convey

• High-visibility East Oak Street frontage

• Excellent access to Interstate 40

• Located within Conway city limits

• Strong traffic counts and growing commercial activity

• Suitable for retail, office, medical, hospitality, multifamily, and mixed-use development

• Large tract allows flexibility for phased development

• Surrounded by established and emerging commercial uses

Zoning & Utilities

• Zoned C-3 Highway Commercial

• Conway Corp Water Available

• Sewer Access Is Nearby

Location Advantages

Conway has become one of Arkansas' most dynamic economic centers, serving as a regional hub for education, healthcare, retail, and industry. The property's location on East Oak Street places it within minutes of:

• Interstate 40

• Downtown Conway

• Conway Regional Health System

• University of Central Arkansas

• Hendrix College

• Central Baptist College

• Conway Expo Center

• Faulkner County Fairgrounds

• Major retail and commercial corridors

Its central location provides convenient access to Little Rock, North Little Rock, Cabot, and the broader Central Arkansas market.

Site Development Potential

C-3 (Highway Service and Open Display Commercial) zoning in Conway, Arkansas, designates districts for high-intensity commercial activities, including retail, office, and service-oriented businesses, typically located along major thoroughfares. This district allows for a wide variety of commercial uses, including mobile vendors, and may require specific landscaped setbacks and access easements.

The size and configuration of this tract create numerous development possibilities.

Retail Development

Create a neighborhood shopping center, restaurant pad sites, or service-oriented commercial development serving the growing East Conway market.

Medical & Professional Office

Capitalize on Conway's expanding healthcare sector with a medical office campus or professional office park.

Hospitality

Take advantage of proximity to the Expo Center, fairgrounds, sporting events, and regional visitors.

Multifamily or Mixed-Use

Develop a residential and commercial project designed to meet the increasing demand for housing and neighborhood services.

Corporate or Institutional Use

Establish a campus-style development with room for expansion and long-term growth.

Why Conway?

Conway continues to rank among Arkansas' fastest-growing communities due to its strong economy, highly educated workforce, excellent schools, and strategic location along the Interstate 40 corridor. The city's diverse employment base, thriving business environment, and continued infrastructure investment make it an attractive destination for commercial development and long-term investment.

Investment Summary

Large commercial tracts with frontage along East Oak Street are increasingly difficult to find. Whether your goal is immediate development, long-term land banking, or investment acquisition, this ±12.54-acre site offers a unique opportunity to establish a presence in one of Central Arkansas' most promising growth corridors.

For more information regarding surveys, zoning information, utility availability, site plans, and development opportunities, contact:

Mitch Hart, CCIM

HartLand Development Company / Dunaway & Hart, Inc.

mhart@hdevco.com

501-626-2121

This listing is part of our larger inventory of commercial land for sale in Conway, Arkansas. View all available properties HERE.