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405 S Donaghey Ave

6 Acres of Commercial Land Offered at $5,000,000 in Conway, AR 72034

Commercial Land Arkansas Conway 405 S Donaghey Ave, Conway, AR 72034

Investment Highlights

  • LOCATED ON UNIVERSITY OF CENTRAL ARKANSAS CAMPUS

Executive Summary

THE UNIVERSITY IS IN NEED OF STUDENT HOUSING DUE TO A HUGE INCREASE IN ENROLLMENT. THE UNIVERSITY IS CURRRENTLY LEASING FROM APARTMENTS THAT SURROUND THE COLLEGE TO MEET THEIR NEEDS FOR HOUSING. THIS IS IDEA FOR STUDENT HOUSING BUILDING HAS TOTAL WALKABILITY TO ENTIRE CAMPUS

Property Facts

Price $5,000,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Mixed Use
  • Apartment Units - Dorms
  • Fast Food
No. Lots 1 Total Lot Size 6.00 AC
Property Type Land
Price $5,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Apartment Units - Dorms
  • Fast Food
Total Lot Size 6.00 AC

1 Lot Available

Lot

Price $5,000,000 Lot Size 6.00 AC
Price Per AC $833,333.33
Price $5,000,000
Price Per AC $833,333.33
Lot Size 6.00 AC

This Apx 6 Acre parcel of land is right on the Campus of University of Central Arkansas Between the Softball Fields and AETN Television, with Donaghey Avenue Frontage. All the structures have been removed from the property and it is ready TO BUILD

Description

THIS PROPERTY HAS PREVIOUSLY BEEN APPROVED FOR STUDENT HOUSING AND CONTRACTOR'S FINANCING FELL THROUGH ALL THE STRUCTURES THAT WERE ON THE PROPERTY HAVE BEEN REMOVED; SO NO DEMOLITION OF STRUCTURES WOULD BE REQUIRED

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PROPERTY TAXES

Parcel Number 710-08543-000 Improvements Assessment $0
Land Assessment $6,230 Total Assessment $6,230

PROPERTY TAXES

Parcel Number
710-08543-000
Land Assessment
$6,230
Improvements Assessment
$0
Total Assessment
$6,230

zoning

Zoning Code S1 (FOR FURTHER DETAILS ,https://gis.conwayarkansas.gov/documents/CurrentZoningCode.pdf)
S1 (FOR FURTHER DETAILS ,https://gis.conwayarkansas.gov/documents/CurrentZoningCode.pdf)
(501) 450-2729

Contact

  • Listing ID: 33001137

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 405 S Donaghey Ave, Conway, AR 72034

More public record information on 405 S Donaghey Ave, Conway, AR 72034

The Land Property at 405 S Donaghey Ave, Conway, AR 72034 is currently available for sale. Contact Faulkner County Realty, Inc for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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405 S Donaghey Ave
(501) 450-2729 x

405 S Donaghey Ave

Rhonda Poulson

(501) 450-2729

(501) 450-2729

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