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    Property profile & analytics
    FOR SALE
    Warehouses

    1714 North Hazel St, Hope, AR 71801

    6,000 SF 1 ac lot Built 2001
    Individually Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US05-1883848
    Property summary
    AI-generated overview

    This exceptional 1.01-acre commercial property located at 1714 Hazel Unit Yes, Hope, Arkansas, presents a unique investment opportunity. Priced competitively at $395,000, this expansive lot offers significant potential for a variety of commercial ventures. The property's substantial size provides ample space for development, allowing for flexibility in design and construction to suit diverse business needs. Its location in Hope, Arkansas, offers access to a growing market and established infrastructure. The absence of existing structures on the land allows for complete customization, eliminating the need for costly renovations or demolition. This blank canvas presents an unparalleled opportunity to build a property tailored to specific business requirements, maximizing return on investment. The property's size and location make it ideal for a range of commercial uses, from retail establishments and office spaces to light industrial facilities or storage solutions. Serious inquiries are encouraged to explore the possibilities this prime acreage offers. The property is ready for immediate development, presenting a rare chance to secure a significant commercial asset in a thriving Arkansas market. Prospective buyers are urged to act quickly to capitalize on this exceptional opportunity. Further details regarding zoning and permitted uses are readily available upon request. This is a truly exceptional opportunity to acquire a substantial piece of commercial real estate in a desirable location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2001
    Total area 6,000 SF
    Lot 1 ac (43,560 SF)
    APN 700-04781-000
    UPID US05-1883848
    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
    • Red River Heating & Air LLC Hardware & Home Improvement HVAC Service
    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
    Robert M Mckamie · 9 yrs held
    Robert M Mckamie
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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