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    415 2Nd St Hope, AR 71857

    Sponsored
    For Sale
    $178,500

    Prime 1-acre lot, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1-acre property located at 415 Second Street in Hope, Arkansas, presents a unique investment opportunity. The land is zoned for "Other," offering considerable flexibility for a variety of potential uses. With its expansive 1-acre footprint, this parcel provides ample space for diverse development projects. The property's address, 415 Second Street, places it within convenient reach of local amenities and infrastructure. The asking price for this remarkable opportunity is $178,500. Given the size and location, this property represents a strong potential for future appreciation. Serious inquiries are encouraged to explore the possibilities this land offers. The absence of existing structures allows for complete design freedom, making it an attractive prospect for entrepreneurs and developers alike. Its location in Hope, AR, provides access to a growing community and its associated benefits. This is a rare chance to acquire a significant piece of land in a desirable area, ready for your vision. The property is being offered as-is. Prospective buyers are encouraged to conduct their own due diligence. This 1-acre lot is a blank canvas, waiting for your creative development plans. Don't miss this chance to secure this valuable piece of Hope, Arkansas real estate.

    Property Features for 415 2Nd St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    43,560 SF

    Building Details

    Year Built
    1951
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hope
    County
    Hempstead
    State
    Arkansas
    Longitude
    -93.58755
    Latitude
    33.6687

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 1-acre lot, ideal for development.
    Where is this commercial real estate located?
    The property is located at 415 2Nd St Hope, AR.
    What is the asking price?
    The asking price for this property is $178,500.
    Request Owner's contact information
    415 2Nd St Hope, AR 71857
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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
    415 2Nd St Hope, AR 71857
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