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    506 S Walnut St Hope, AR 71801

    Picture of Storefront properties at S Walnut St 506, Hope, AR
    For Sale
    $128,000

    Building and Land - Hope, AR

    Property size:
    2,160 SF
    Lot size:
    0.20 Acres
    Days on Market:
    104
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 506 S Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    5
    Size
    2,160 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    1976
    Floors in Building
    1
    Architectural style
    Other

    Walker Realty (870) 777-4700

    Listing agent Jackie Crider (870) 777-4700

    Listing date Aug 25, 2025

    MLS# 25034084 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income Producing Building and Land

    This income-producing building is located in Hope, Arkansas. The property includes both a building and land. The building has a living area of 2160 square feet and is situated on a lot of 0.2 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hope / Prescott Cable ... Internet Service Provider Hope Community TV ... Cable Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hope
    County
    Hempstead
    State
    Arkansas
    Longitude
    -93.589984
    Latitude
    33.665129

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    FAQs

    What type of property is this?
    Storefront property - Income-producing building and land for sale in Hope, Arkansas.
    Where is this storefront property located?
    The property is located at 506 S Walnut St Hope, AR.
    What is the asking price?
    The asking price for this property is $128,000.
    What are key features of this property?
    This property features: - Income-producing building; - Investment opportunity; - Built in 1976
    (870) 777-4700
    Request Owner's contact information
    506 S Walnut St Hope, AR 71801
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    Hope, AR 71801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    506 S Walnut St Hope, AR 71801
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