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    OFF-MARKET
    Auto shops

    1211 3rd St, Hope, AR 71801-4110

    4,000 SF 0.48 ac lot Built 1983
    Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-2142695
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1211 3rd Street in Hope, Arkansas, presents a unique investment opportunity. The 0.48-acre lot offers significant potential for a variety of business ventures. Its strategic location within the vibrant Hope community ensures high visibility and accessibility, making it an ideal site for a thriving enterprise. The property's size provides ample space for development, allowing for flexibility in design and functionality to suit diverse business needs. Whether you envision a retail establishment, office space, or a mixed-use development, this lot provides the foundation for success. The asking price of $229,000 represents a compelling value in the current market, offering a strong return on investment for the discerning buyer. This is a rare chance to acquire a prime commercial lot in a growing Arkansas town. The property's potential is limited only by your imagination and entrepreneurial spirit. Serious inquiries are encouraged to explore the possibilities this exceptional location offers. Act quickly, as opportunities like this are seldom available. The property is ready for immediate development, allowing for a swift transition from purchase to operation. This is an excellent chance to establish a strong presence in a thriving community. Don't miss this chance to secure your future in Hope, Arkansas.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1983
    Total area 4,000 SF
    Lot 0.48 ac (20,996 SF)
    APN 700-04486-000-C
    UPID US05-2142695
    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
    Current use
    Occupant on record · Public records
    • Green-go! Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    James B Samuels · 7 yrs held
    James B Samuels
    since 2019
    1 recorded transaction
    2019
    $3,030
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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