Building Details

Year Built 1979

Buildings 1

Stories 1

Listing Agency: Merger & Acquisition Specialists

Listed By: Shep Campbell · License #AR SA00075762

Source: Crexi

Added: May 29, 2024 Changed: Aug 12 Last Checked: Aug 19 at 8:01PM

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Investment Insights

Based on property information with market context.

This retail/commercial space is located at 317 W 23rd St in Hope, AR. The property has a total area of 1,920 square feet and features an overhead door shop/office layout. It is situated near a university and benefits from Highway 29 traffic. There is also radio tower rental potential.

Key Highlights

• 1,920 sq ft Flex Retail/Commercial Space
• Highway 29 Traffic Exposure
• Overhead Door Shop/Office Layout

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Building Supply Spa & Massage Center Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

158

Businesses Nearby

Explore this area Business Placement

Demographics for 71801, AR

14,991

Population

6,900

Households

2.2

Avg Household Size

39

Median Age

14%

College-Educated

82%

High-School Grad

297.7 sq mi

ZIP Area

50

Density / Sq Mi

$47,723

Median Household Income

$37,035

Median Earnings

$775

Median Rent

$98,200

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - 1,920 SF retail/commercial space near university and Highway 29.

Where is this mixed-use property located?

The property is located at 317 W 23rd St Hope, AR.

What is the asking price?

The asking price for this property is $180,000.

What are key features of this property?

This property features: 1,920 sq ft Flex Retail/Commercial Space; Highway 29 Traffic Exposure; Overhead Door Shop/Office Layout