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    Compress St Hope, AR 71801

    Sponsored
    For Sale
    $62,000

    1.25-acre commercial lot with timber. High growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.248-acre commercial lot, located in Hope, Arkansas (Hempstead County, zip code 71801), presents a unique investment opportunity. Situated at the end of a cul-de-sac on W. Compress St., this property is zoned for commercial use and offers immediate revenue potential due to existing timber. The timber can be harvested and sold, generating immediate income. The APN is 700-03597-001-C. The property is currently undeveloped, providing a blank canvas for a variety of commercial ventures. Its convenient location offers quick access to I-30, enhancing its appeal and accessibility. This single-owner property is priced competitively at $62,000, representing a significant opportunity for developers seeking to capitalize on the area's growth trajectory. The lot's size and zoning allow for the development of one or more commercial buildings, catering to a range of business needs. This is a prime location for those seeking to establish a presence in a developing commercial area. The combination of immediate timber revenue and long-term development potential makes this an attractive investment for both short-term and long-term gains.

    Property Features for 0 Compress St

    General Information

    Property type
    Agricultural land
    Lot Size
    54,363 SF

    HighLights

    • 1.248‑acre commercial lot with existing timber, generating immediate revenue.
    • Zoned for commercial use, allowing for development of one or more buildings.
    • Prime location in Hope, AR, offering quick I‑30 access and development potential in a growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hope
    County
    Hempstead
    State
    Arkansas
    Longitude
    -93.598191067396
    Latitude
    33.677319439073

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    FAQs

    What type of property is this?
    Agricultural land - 1.25-acre commercial lot with timber. High growth potential.
    Where is this agricultural land located?
    The property is located at Compress St Hope, AR.
    What is the asking price?
    The asking price for this property is $62,000.
    What are key features of this property?
    This property features: 1.248-acre commercial lot with existing timber, generating immediate revenue.; Zoned for commercial use, allowing for development of one or more buildings.; Prime location in Hope, AR, offering quick I-30 access and development potential in a growing area.
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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
    Compress St Hope, AR 71801
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