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    Property profile & analytics

    1301 Hervey St Hope, AR 71801-2533

    • Strip malls
    • 80,174 SF
    • 7.45 lot acres
    OFF-MARKET
    Value Estimation
    $1,175,000
    Location Intelligence
    Property ID
    US05-2076349
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hibbett Sports / Shoe Store / Clothing Store
    • DaVita Hempstead County Dialysis / Dialysis Center / Local Medical Services
    • Anytime Fitness / Personal Trainer / Physical Fitness Program
    • Sears Appliance Repair / Appliance Repair Service / Air Conditioning Repair Service
    • Dollar Tree / Grocery Store / Home Goods Store

    Property Details for 1301 Hervey St

    Year built
    1975
    Lot size
    7.45 lot acres
    Property size
    80,174 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    700-04665-000-C
    APU
    70004665000C

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hope
    County
    Hempstead
    State
    Arkansas
    Longitude
    -93.6033
    Latitude
    33.6806
    CBSA code
    26260
    CBSA name
    HOPE, AR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $24,432
    $96,890
    $394,690
    $491,580
    -
    $484,450
    $1,973,450
    $2,457,900

    Comparable in this City

    • Value Estimation
      $630,000
      31,418 SF

      811 Hervey St

      SHOPPING CENTER, STRIP CENTER • 31,418 SF
      811 Hervey St, Hope, AR 71801-2611
      View Details
    • Value Estimation
      $485,000
      13,625 SF

      200 Hervey St, Unit 216

      SHOPPING CENTER, STRIP CENTER • 13,625 SF
      200 Hervey St, Hope, AR 71801-3613
      View Details
    • Value Estimation
      $465,000
      6,500 SF

      112 12th St, Unit 118

      SHOPPING CENTER, STRIP CENTER • 6,500 SF
      112 12th St, Hope, AR 71801-7307
      View Details
    • Value Estimation
      $560,000
      21,480 SF

      914 Hervey St

      SHOPPING CENTER, STRIP CENTER • 21,480 SF
      914 Hervey St, Hope, AR 71801-2612
      View Details
    • Value Estimation
      $820,000
      89,632 SF

      503 Hervey St, Unit 535

      SHOPPING CENTER, STRIP CENTER • 89,632 SF
      503 Hervey St, Hope, AR 71801-3435
      View Details
    • Value Estimation
      $655,000
      56,272 SF

      501 3rd St

      SHOPPING CENTER, STRIP CENTER • 56,272 SF
      501 3rd St, Hope, AR 71801-5435
      View Details

    Similar Nearby for Sale

    • $3,125,000
      90,017 SF

      Value-Add Neighborhood Shopping Center

      Neighborhood shopping center with national and local tenant mix.
      503 N Hervey St, Hope, AR 71801
      View Details
    • $1,885,000
      31,418 SF

      Shopping Center with Warehouse Space

      Shopping center with warehouse space on 2.12 acres.
      811 N Hervey St, Hope, AR 71801
      View Details
    • $70,000
      2,100 SF

      Hope, AR Commercial Building/Land

      2,100 SF commercial building on 0.334 acres in Hope, AR.
      612 Spg Lk Rd, Hope, AR 71801
      View Details
    • $225,800
      3,050 SF

      Hope, AR Mixed-Use Investment

      High-cash-flow duplex, prime location.
      1600 Elm St, Hope, AR 71801
      View Details
    • $275,000
      3,000 SF

      Hope, AR Car Wash Property

      Car wash with metal building on 1.25 acres.
      1308 &1309 Pne Park Dr, Hope, AR 71801
      View Details
    • $199,000
      4,000 SF

      Hope, AR Commercial Property

      4,000 sq ft commercial property suitable for various business types.
      1211 W 3Rd St, Hope, AR 71801
      View Details

    Property Visit Statistics

    • Visits by month
      1.3k
    • Visitors by month
      959
    • Avg Time on site
      21 min
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    1301 Hervey St
    Hope, AR 71801-2533
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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