1704 Main St, Hope, AR 71801
This exceptional 0.424-acre residential lot, located at 1704 S. Main St. in Hope, Arkansas (zip code 71801), presents a fantastic opportunity for building a new home. Priced at $32,000, this single-owner property boasts a desirable location directly across from Hope High School, offering convenience and a strong sense of community. The lot features approximately 60 feet of frontage and a depth of approximately 220 feet, providing ample space for development. Its flat terrain makes it ideal for construction, and the existing residential zoning allows for immediate building. The property is situated in a sought-after area of Hempstead County, Arkansas. The large lot size offers significant potential for a substantial home or even potential rezoning (subject to local regulations). Don't miss this chance to acquire a prime piece of residential real estate in a thriving Arkansas community. This property is ready for your vision.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.