W 16th Street Hope, AR 71801

Listing agent Lindsey Townsend Show Phone

Listing office Lance & Associates Real Estate 411 W Ave C POB 735, Hope, AR Show Phone

Listing date Oct 1, 2024

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MLS# 24036062 Listing URL

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Investment Insights

Based on property information with market context.

This property, identified as parcel 001-04629-000, is located on West 16th Street in Hope, Arkansas, 71801. The land comprises 20 acres, more or less, and is situated outside the city limits of Hope. Designated as agricultural use/vacant land, it falls under the STR designation 05-13-24. The property features approximately $26,500 worth of pine timber and has frontage on 16th Street. The last thinning occurred in 2012. Timber taxes are $4, and estimated taxes are $20. Adjoining land is also for sale under a different owner, identified as parcel 001-04630-000, also located on West 16th Street in Hope, AR 71801. This adjacent parcel consists of 13.34 acres, more or less, and is also outside Hope City Limits. It is also designated as Agri Use/Vacant land with STR designation 05-13-24. The marketable timber on this adjacent parcel is valued between $38,000 and $45,000. It also has frontage on 16th Street. Timber tax is $2.60 and estimated taxes are $13.

Key Highlights

• Marketable timber value (approximately $26,500 and between $38,000 and $45,000 on adjoining land)
• 20 acres and 13.34 acres available (total of 33.34 acres)
• Outside Hope City limits

Property Analytics

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FAQs

What type of property is this?

Agricultural land / Farmland - 20 acres of agricultural land outside Hope city limits.

Where is this agricultural land / farmland located?

The property is located at W 16th Street Hope, AR.

What is the asking price?

The asking price for this property is $114,000.

What are key features of this property?

This property features: Marketable timber value (approximately $26,500 and between $38,000 and $45,000 on adjoining land); 20 acres and 13.34 acres available (total of 33.34 acres); Outside Hope City limits