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    OFF-MARKET
    Land

    0 Compress St, Hope, AR 71801

    1.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 1.25 ac (54,363 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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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