940 Runway Ave, Conway, AR 72032 Property Records

Faulkner County property record for 940 Runway Ave, Conway, AR 72032

Property Summary

Property Type	Commercial Office
Details	8,000 sqft · built 2009
Lot Size	2.1 acres (91,911 sqft)
Owner	Company Name on File
Last Sale	$850,000 (May 2023)
Tax Bill	$8,334 (2026)
Deeds & Mortgages	Jun 2023 Line of Credit May 2023 Sale + 2 more
Flood Zone	Zone X (minimal risk)
APN	`712-07139-040`

Property Details

APN / Parcel Number

Primary APN	`712-07139-040`
Alternative APNs	`51096.0` `51096`

Interior

Stories	1 Story
Building Area	8,000 sqft Gross Area
1st Floor Area	8,000 sqft
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 2009
Effective Year Built	Effective 2009
Exterior Material	Brick Veneer
Fire Resistance	Fireproof Steel Frame
Roof Type	Prestressed Concrete
Roof Material	Metal
Lot Area	91,911 sqft
Lot Dimensions	90 ft deep x 235 ft wide
Canopy	1,200 sqft
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	None

Location & Zoning

Street Address	940 RUNWAY AVE
City	CONWAY
State	AR
Zip	72032-7115
Property Category	Commercial
Property Type	Commercial > Office > Commercial Office
Legal Description	LOT 8RUNWAY PARK SUB
Legal Range	13W
Legal Township	05N
Legal Section	08
Legal Subdivision	RUNWAY PARK SUBDIVISION
Legal Lot Number	8
Jurisdiction	FAULKNER AR
Township / Civil Division	CADRON
Census Block Group	3
Census Block	3008
Census Tract	30900

Owner

940 Runway Ave, a commercial property, is owned by a company that bought it in May 2023.

Source: Faulkner County records, as of August 31, 2026

Owner of Record	Company Name on File
Mailing Address	PO BOX 412, HIGDEN, AR 72067-0412
Owner Type	Company
Vesting	Limited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Jun 16, 2023	Deed of Trust, Mortgage · Line of Credit BANK OF THE OZARKS
May 10, 2023	Warranty Deed, Transfer WACO TITLE COMPANY CONWAY
Mar 20, 2019	Deed of Trust, Mortgage · Commercial Mortgage FIRST SECURITY BANK
Dec 28, 2017	Warranty Deed, Transfer L & W DEV LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 10, 2023 · Amount on File
Deed Sale	May 10, 2023 · Amount on File
Prior Sale	Dec 28, 2017 · Amount on File
Deed Document Number	20236100
Record Updated	Oct 29, 2026

June 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FAULKNER AR
Property Address	940 RUNWAY AVE, CONWAY, AR 72032-7115
Transaction Type	Mortgage
Record Updated	Oct 24, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	315 LAKE POINTE DR, HIGDEN, AR 72067-8835

Mortgage

Document Number	0000007907
Date	Jun 16, 2023
Instrument	202307907

Lender

Name	BANK OF THE OZARKS
Type	Bank
Address	CONWAY, AR 72032

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	36 Months
Due	Jun 15, 2026

Interest

Rate Type	Adjustable Rate

May 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	FAULKNER AR
Recording Date	May 10, 2023
Property Address	940 RUNWAY AVE, CONWAY, AR 72032-7115
Document Number	0000006100
Map Reference	MB J PG 26
Instrument Date	May 5, 2023
Instrument	202306100
Transaction Type	Transfer
Record Updated	Oct 24, 2025
Title Company	WACO TITLE COMPANY CONWAY

Transaction

Amount	Amount on Record
Tax	$2,805.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	PO BOX 412, GREERS FERRY, AR 72067-0412

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 10565, CONWAY, AR 72034-0009

March 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	FAULKNER AR
Property Address	940 RUNWAY AVE, CONWAY, AR 72032-7115
Transaction Type	Mortgage
Record Updated	Jul 19, 2022
Title Company	FAULKNER COUNTY TITLE CO

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000003813
Date	Mar 20, 2019
Instrument	201903813

Lender

Name	FIRST SECURITY BANK
Type	Bank
Address	CONWAY, AR 72033

Agreement

Type	Commercial Mortgage
Amount	Amount on Record
Term	36 Months
Due	Mar 18, 2022

December 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	FAULKNER AR
Recording Date	Dec 28, 2017
Property Address	940 RUNWAY AVE, CONWAY, AR 72032-7115
Document Number	0000020299
Instrument Date	Dec 22, 2017
Instrument	20299
Transaction Type	Transfer
Record Updated	Jan 12, 2018
Title Company	FAULKNER COUNTY TITLE COMPANY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$2,475.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	2655 DONAGHEY AVE CONWAY AR 720322317, CONWAY, AR 72032-2317

Mortgage

Document Number	20300
Date	Dec 28, 2017
Instrument	20300

Lender

Name	L & W DEV LLC

Agreement

Amount	Amount on Record
Term	24 Months
Due	Dec 27, 2019

Tax Assessment & Valuation

The 2026 property tax bill for 940 Runway Ave was $8,334.

Source: Faulkner County assessment roll, as of August 31, 2026

Property Jurisdictions

Type	Name
State	Arkansas
County	Faulkner County
Municipality	Conway City
Unified School District	Conway Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$8,334.00	$164,720 (-) Land $73,530 Building $91,190	$823,600 (-) Land $367,650 Building $455,950
2025	$8,334.00	$164,720 Land $73,530 Building $91,190	$823,600 (-) Land $367,650 Building $455,950
2024			$823,600 (+20.15%) Land $367,650 Building $455,950
2023	$6,936.00	$137,090 Land $73,530 Building $63,560	$685,450 Land $367,650 Building $317,800

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 940 Runway Ave in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective March 21, 2019

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Wildfire risk around 940 Runway Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 97.5% of Arkansas
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CONWAY WATER SYSTEM serves 65,233 people · EPA ID AR0000189
Water Source	Surface water
Last State Inspection	Apr 2026
Lead	1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 40 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
ConwayCorp Cable	2,000 / 100

May also be available: T-Mobile, Verizon.

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