Property Overview

Exceptional Multifamily Development Opportunity in West Conway! Discover one of Conway's most significant multifamily development opportunities. This ±25.87-acre tract offers the size, zoning, and location developers seek in one of the city's fastest-growing corridors.

Already zoned MF-2 Multi-Family, the property provides a valuable head start by eliminating much of the uncertainty associated with rezoning. Located along Donnell Ridge Road adjacent to the planned Conway Western Loop, the site is strategically positioned to benefit from future infrastructure improvements while offering convenient access to Dave Ward Drive, Interstate 40, shopping, healthcare, and Conway's three colleges.

With up to 1,300 feet of road frontage, all city utilities available, and the ability to subdivide, this property offers exceptional flexibility for developers planning apartment communities, townhomes, build-to-rent neighborhoods, or mixed residential projects.

Key Features

• Price: $1,032,500

• Lot Size: +/- 25.87 Acres

• Near Conway Marketplace Shopping Center

• Conway School District

• Up to 1,300 feet of frontage on Donnell Ridge Road

• Adjacent to the future Conway Western Loop

• Inside Conway city limits

• Owner will consider subdividing

• Minutes from Dave Ward Drive and Interstate 40

• Excellent apartment, townhome, or build-to-rent development opportunity

• Strong long-term investment potential

• Mineral rights do not convey

Zoning & Utilities

• Zoned MF-2

• Conway Corp Water Is Onsite

• Conway Corp Sewer is Onsite

Site Development Potential

MF-2 (Multi-Family District) in Conway, Arkansas, is a medium-density zoning designation allowing up to 18 units per gross acre, designed to serve as a transition between high-intensity uses (like commercial or industrial) and lower-density residential areas. It supports apartment complexes, townhomes, and similar multi-family developments.

Apartment Community

Develop a market-rate apartment community featuring multiple building types, resort-style amenities, walking trails, green space, and community gathering areas.

Townhome Neighborhood

Meet the growing demand for low-maintenance ownership and rental housing with thoughtfully designed townhomes appealing to young professionals, families, and empty nesters.

Build-to-Rent Community

Purpose-built rental neighborhoods continue to experience strong demand across Central Arkansas. This tract offers the acreage necessary to create a professionally managed community with room for amenities and future expansion.

Mixed Residential Development

The property's size allows for creative master planning that can incorporate apartments, townhomes, open space, recreational amenities, and neighborhood services into a cohesive residential environment.

Phased Development

With nearly 26 acres and owner willingness to subdivide, developers can phase construction over time, reducing upfront infrastructure costs while responding to market demand.

Investment Summary

West Conway continues to attract residential and commercial investment as new infrastructure, retail, and housing developments expand throughout the area. This property's location provides residents with convenient access to employment centers, healthcare, education, shopping, and recreation.

Nearby destinations include:

• Dave Ward Drive

• Interstate 40

• Conway Marketplace

• University of Central Arkansas

• Hendrix College

• Central Baptist College

• Conway Regional Health System

• Downtown Conway

• Restaurants, grocery stores, and everyday conveniences

As Conway continues to grow westward, this corridor is expected to remain one of the city's strongest residential development markets.

The planned Conway Western Loop is expected to enhance accessibility throughout West Conway and support continued residential and commercial expansion in the surrounding area. Combined with existing multifamily zoning and available utilities, this property offers a rare opportunity to secure a large development site positioned for future appreciation.

Large, development-ready multifamily tracts with this combination of zoning, frontage, and infrastructure are becoming increasingly difficult to find in Conway.

Whether you're planning a luxury apartment community, townhome development, build-to-rent neighborhood, or a master-planned residential project, 3795 Donnell Ridge Road provides the location, scale, and flexibility to bring your vision to life.

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.