Property Overview

Development-Ready Multifamily Site in One of Conway's Fastest-Growing Corridors! Seize the opportunity to develop in one of West Conway's most desirable growth areas. This ±10.00-acre tract is already zoned MF-2 Multi-Family, providing a streamlined path to development in a market with continued demand for new housing.

Located on Donnell Ridge Road, the property is adjacent to the planned Conway Western Loop, a major transportation improvement expected to enhance accessibility and support future residential and commercial growth throughout West Conway. Combined with approximately 800 feet of road frontage, public utilities, and convenient access to Dave Ward Drive, this site offers an exceptional foundation for a successful multifamily project.

Whether you're planning an apartment community, townhome development, or build-to-rent neighborhood, this property offers the location, zoning, and infrastructure to move your project forward with confidence.

Key Features

• Price: $715,000

• Lot Size: +/- 15.87 Acres

• Near Conway Marketplace Shopping Center

• Conway School District

• Approximately 800 feet of frontage on Donnell Ridge Road

• Adjacent to the future Conway Western Loop

• Inside Conway city limits

• Paved road frontage

• Minutes from Dave Ward Drive and Interstate 40

• Convenient access to shopping, restaurants, schools, and healthcare

• Excellent opportunity for multifamily or build-to-rent development

• 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

MF-2 zoning allows for a thoughtfully designed apartment development with multiple residential buildings, amenities, green space, and walking paths to meet Conway's growing demand for quality rental housing.

Townhome Community

Develop modern townhomes that appeal to first-time buyers, professionals, and empty nesters seeking low-maintenance living close to schools, employment, and shopping.

Build-to-Rent Neighborhood

Purpose-built rental communities continue to attract strong investor interest. This tract offers the space to create a professionally managed neighborhood with private amenities and room for future expansion.

Long-Term Investment

Acquire a well-located multifamily site before additional infrastructure improvements and surrounding development further increase land values.

Investment Summary

Few available sites in Conway combine existing multifamily zoning, public utilities, substantial road frontage, and proximity to planned infrastructure improvements. Those characteristics help reduce development risk, shorten project timelines, and provide greater certainty during planning.

With the future Conway Western Loop expected to improve regional connectivity, this property is well positioned to benefit from continued residential and commercial investment in West Conway.

Development-ready multifamily land in Conway is becoming increasingly difficult to find. This ±10-acre tract offers a compelling combination of location, infrastructure, and zoning that is well suited for developers seeking to meet the area's growing housing demand.

Whether your vision is an apartment community, townhome project, or build-to-rent neighborhood, 3825 Donnell Ridge Road provides the flexibility and long-term potential to support a successful investment.

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.