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    401 Laurel St Hope, AR 71801

    Sponsored
    For Sale
    $152,400

    18,400 SF Manufacturing Building on 2 Acres

    Property size:
    18,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 401 Laurel St North in Hope, Arkansas, presents a significant opportunity for manufacturing businesses. The property encompasses a substantial 2.07 acres of land, featuring an expansive 18,400 square foot open-sided warehouse/manufacturing building. This versatile space is ideally suited for a variety of industrial applications, offering ample room for production, storage, and operations. The building's open-sided design allows for efficient material handling and flexibility in layout. The property is zoned I-1 Heavy Industrial, ensuring compatibility with a wide range of manufacturing activities. Situated in Hempstead County, Arkansas, with a 71801 zip code, this location offers convenient access to transportation routes and essential infrastructure. The asking price for this prime industrial property is $152,400. This represents a compelling investment opportunity for businesses seeking a well-located, spacious, and functional manufacturing facility in a thriving Arkansas community. The property's size and zoning make it suitable for a variety of industrial uses, providing significant potential for growth and expansion. Don't miss this chance to acquire a substantial industrial asset in a desirable location.

    Property Features for 401 Laurel St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    18,400 SF
    Lot Size
    90,169 SF

    HighLights

    • 2.07‑acre lot with an open‑sided warehouse/manufacturing building.
    • Approximately 18,400 square foot building.
    • I‑1 Heavy Industrial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hope
    County
    Hempstead
    State
    Arkansas
    Longitude
    -93.5876763
    Latitude
    33.6669844

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    FAQs

    What type of property is this?
    Manufacturing property - 18,400 SF Manufacturing Building on 2 Acres
    Where is this manufacturing property located?
    The property is located at 401 Laurel St Hope, AR.
    What is the asking price?
    The asking price for this property is $152,400.
    What are key features of this property?
    This property features: 2.07-acre lot with an open-sided warehouse/manufacturing building.; Approximately 18,400 square foot building.; I-1 Heavy Industrial zoning.
    Request Owner's contact information
    401 Laurel St 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
    401 Laurel St Hope, AR 71801
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