2801 Hazel St Hope, AR 71801
- Warehouses
- 61,960 SF
- 1.80 lot acres
Current Use by Public Records
- Millwood Timber Corporation / Manufacturer
Property Details for 2801 Hazel St
- Year built
- 1997
- Lot size
- 1.80 lot acres
- Property size
- 61,960 SF
- Property type
- Warehouses
- APN
- 700-04715-000-C
- APU
- 70004715000C
Description
This exceptional industrial property in Hope, Arkansas, presents a significant investment opportunity. The property, formerly occupied by Porter Building Supply Co., boasts a total area of 60,000 square feet, strategically divided into 5,500 square feet of office and retail space and a substantial 54,500 square feet of warehouse space. This versatile layout caters to a wide range of business needs, offering ample room for storage, operations, and administrative functions. The property sits on a generous 22.745-acre lot, providing significant expansion potential or room for outdoor storage. Adding to its appeal is an adjacent 7,000 square foot warehouse, offering further expansion possibilities or potential for separate leasing. The property also includes a unique amenity: an eight-acre lake, providing a tranquil setting and potential recreational opportunities. The asking price for this expansive industrial property is $1,800,000. The property's location in Hope, Arkansas, offers access to key transportation routes and a growing local market. This is a rare opportunity to acquire a large-scale industrial property with significant potential for growth and development. The property is comprised of two units, offering flexibility for various business models. This property is ideal for businesses seeking a substantial footprint in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hope
- County
- Hempstead
- State
- Arkansas
- Longitude
- -93.5998
- Latitude
- 33.6951
- CBSA code
- 26260
- CBSA name
- HOPE, AR MICROPOLITAN STATISTICAL AREA