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    Specialty properties

    389 Ar-174, Hope, AR 71801

    120,000 SF 24 ac lot Built 1985
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Hope, Arkansas, presents a turnkey poultry operation with significant upside. The property encompasses 24 acres of land, strategically located adjacent to the Foster Farms chicken hatchery and the University of Arkansas Southwest Research and Extension Center. The existing infrastructure includes eight buildings, totaling 120,000-140,000 square feet, featuring four recently renovated (2024) 50x600-foot chicken houses currently operating under a Foster Farms contract. Supporting the operation are two mobile homes for workforce housing and a remodeled 1,734 square-foot main home. Additional improvements include a pole barn and extensive fenced and cross-fenced areas. Built in 1985, the property offers a strong NOI of $137,598 and a compelling 15.29% cap rate, making it an attractive investment for owner-users seeking a high return. The property is offered fee simple with an APN of 001-03770-000. This Class C mixed-use property presents a rare opportunity to acquire a well-established and profitable poultry farm in a prime agricultural location. The asking price is $900,000.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1985
    Total area 120,000 SF
    Lot 24 ac (1,045,440 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
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    Allowed · conditional · prohibited
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