Property Overview
Premier Commercial Development Opportunity in Conway Marketplace! Secure a significant commercial development site in one of Conway's most established and strategically positioned retail corridors.
This ±6.49-acre tract at 4040 Dave Ward Drive offers a rare combination of scale, visibility, accessibility, and surrounding commercial activity. Located within Conway Marketplace, the property is immediately west of the Walmart Supercenter and positioned along Dave Ward Drive, one of Conway's primary commercial arteries.
The site is C-3 Highway Commercial zoned and offers approximately 200 feet of frontage, with Conway Corporation utilities available. Its location near Interstate 40 and the future Conway Western Loop provides both excellent current accessibility and significant long-term development potential.
At this size, the property provides developers with considerably more flexibility than a typical commercial pad site. It can accommodate a substantial single-user project, multi-tenant commercial development, retail, medical, office, mixed-use, or other commercial concepts.
Key Features
Price: $1,350,000
Lot Size: +/- 6.49 Acres
+/- 200 Feet of Frontage
Multi-Use Commercial Property
All Conway Corp Utilities Available
Zoned C-3
Near the future Conway Western Loop
Conway Corporation utilities available
Large contiguous commercial development site
Excellent visibility and regional accessibility
Suitable for a variety of commercial development concepts
Strong owner-user, investment, and development opportunity
Zoning & Utilities
Zoned C-3 Highway Commercial
Conway Corp Water Is Onsite
Sewer Access Is Onsite
Strategic West Conway Location
The property's location within Conway Marketplace places it in an established commercial environment rather than an isolated emerging corridor. The surrounding area includes major retail, restaurants, services, healthcare, education, and residential neighborhoods. Walmart is located immediately nearby, providing a significant existing retail traffic generator.
The property also benefits from convenient access to:
Interstate 40
Dave Ward Drive
Conway Marketplace
University of Central Arkansas
Conway Regional Health System
Hendrix College
Central Baptist College
West Conway residential neighborhoods
Major restaurants, retailers, and professional services
Dave Ward Drive has become one of Conway's major commercial corridors, with established retail developments drawing customers from throughout the Conway trade area. HartLand's own commercial development work in the corridor includes Conway Marketplace and other major commercial projects.
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.
Retail Development
The site's location within an established retail corridor makes it an excellent candidate for a substantial retail project, neighborhood shopping center, specialty retail development, or other consumer-oriented concept.
Restaurant & Hospitality
The combination of established retail activity, nearby residential growth, and convenient transportation access creates opportunities for restaurants, hospitality-related uses, and destination-oriented businesses.
Medical & Professional Office
A larger tract such as this can accommodate a medical office campus, professional office development, or other service-oriented commercial project with dedicated parking and room for expansion.
Multi-Tenant Commercial Development
The property's ±6.49 acres provide sufficient scale for a thoughtfully planned multi-tenant development that can accommodate several complementary users.
Mixed-Use Development
Subject to applicable zoning and approvals, the site's size and location could support a creative mixed-use concept combining commercial, office, service, and potentially residential components.
Owner-User Campus
Businesses requiring a larger footprint can create a custom headquarters or operating campus with room for parking, circulation, amenities, and future expansion.
Investment Summary
An Opportunity for Developers & Investors
For developers, 4040 Dave Ward Drive offers the opportunity to acquire a substantial commercial site in an established market with existing surrounding development.
For investors, the property provides exposure to one of Conway's strongest commercial corridors while maintaining multiple potential exit strategies.
For owner-users, the site provides the opportunity to control a significant piece of commercial real estate and develop a facility designed specifically around the needs of the business.
The combination of location, acreage, zoning, utilities, and future infrastructure makes this property particularly well suited for buyers thinking beyond a single-use development.
For more information regarding surveys, zoning information, utility availability, site plans, and development opportunities, contact:
Mitch Hart, CCIM
HartLand Development Company / Dunaway & Hart, Inc.
501-626-2121
This listing is part of our larger inventory of commercial land for sale in Conway, Arkansas. View all available properties HERE.
Contact Agent
Mitch Hart - Dunaway & Hart, Inc
501-626-2121
Property Details
Property Type
Commercial Lot
Zoning
C-3
Size
6.49 Acres
Property Location
4040 Dave Ward Dr, Conway, AR 72034, USA









