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    803 Commerce Blvd Hope, AR 71801

    Sponsored
    For Sale
    $1,575,000

    High-return sports & entertainment complex.

    Property size:
    10,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional net-lease investment opportunity is located in Hope, Arkansas, at 803 W Commerce Blvd, 71801. The property, a special purpose building encompassing approximately 10,450 to 10,550 square feet, is strategically situated within Hope's vibrant retail corridor. Currently master-leased at $12.00 per square foot, on a triple-net (NNN) basis, the property boasts a diverse tenant mix including H&H Fitness, Big H Coffee, and Evolution Combat Sports, among others. This ensures a stable and diversified income stream. The asking price for this turnkey investment is $1,575,000. The property's prime location and strong tenant occupancy make it an attractive proposition for investors seeking a high-yield, low-management investment in a thriving Arkansas market. The property's size and tenant diversity offer significant potential for long-term growth and appreciation. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location. Detailed financial information and lease agreements are available upon request.

    Property Features for 803 Commerce Blvd

    General Information

    Property type
    Specialty properties
    Square Feet
    10,450 SF

    HighLights

    • $1,575,000 asking price for a net‑lease investment opportunity.
    • Special purpose property, 10,450‑10,550 square feet.
    • Located at 803 W Commerce Blvd, Hope, AR 71801.
    • Sports/Entertainment and Investment subtype; $12/SF price.
    • Master‑leased to multiple tenants including H&H Fitness, Big H Coffee, and Evolution Combat Sports.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Hair Salon Clothing Store Building Supply Daycare Center Kitchen & Bath Auto Repair Shop Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hope
    County
    Hempstead
    State
    Arkansas
    Longitude
    -93.604570269711
    Latitude
    33.682099504624

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    FAQs

    What type of property is this?
    Specialty property - High-return sports & entertainment complex.
    Where is this specialty property located?
    The property is located at 803 Commerce Blvd Hope, AR.
    What is the asking price?
    The asking price for this property is $1,575,000.
    What are key features of this property?
    This property features: $1,575,000 asking price for a net-lease investment opportunity.; Special purpose property, 10,450-10,550 square feet.; Located at 803 W Commerce Blvd, Hope, AR 71801.
    Request Owner's contact information
    803 Commerce Blvd 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
    803 Commerce Blvd Hope, AR 71801
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