Crain's Subdivision Lots 5 & 6

1145-1165 Bob Courtway Drive Conway, AR 72032

1145-1165 Bob Courtway Drive, Conway, AR, 72032
1145-1165 Bob Courtway Drive, Conway, AR, 72032
Property Type:
Commercial Land Development
Last Verified:
Jan 08, 2020


  • Lot 5: 1.46 AC/63,598 SF; Sales Price: $490,000 or $7.70/SF
  • Lot 6: 1.12 AC/48,787 SF; Sales Price: $225,000 or $4.61/SF
  • Combined Lots 5 & 6: 2.58 AC/112,385 SF; Sales Price $680,000 or $6.05/SF
  • Traffic Counts: Oak Street 34,000 VPD
  • Located in a Federal Designated Opportunity Zone


This 2.58 arced plot of land is zoned 0-1 and is ideal for office or retail use. Lot 5 is approximately 1.46 AC/63,598 SF and Lot 6 is 1.12 AC/48,787 SF.

This property sits across from Bob Courtway Middle School and is down the road from Conway's new softball complex. It is also near the Conway Commons 600,000 square foot regional shopping center, with major tenants including Kohl's, Belk, Home Depot, Target, TJ Maxx, Pier 1 Imports, Petsmart, Old Navy, Chili's, TGI Friday's, Buffalo Wild Wings, Dick's Sporting Goods, and ChickfilA. This property is centered between Conway Commons and Hendrix College and has easy access to Interstate 40.

Year Built: 1970
Building Size: 204.0sq ft
Lot Size: 2.58 acres

Map of 1145-1165 Bob Courtway Drive, Conway, AR, 72032

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.