1901 Laurel St Hope, AR 71801-8221
Property profile & analytics
1901 Laurel St, Hope, AR 71801-8221
- Hospitals
- 28,835 SF
- 1.96 lot acres
Property ID
US05-2032013
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.
Location Intelligence
Current Use by Public Records
- Hospitals
Property Details for 1901 Laurel St
- Year built
- 1974
- Lot size
- 1.96 lot acres
- Property type
- Hospitals
- APN
- 700-00808-000-C
- APU
- 70000808000C
Description
This vacant, 28,835-square-foot nursing home presents a unique investment opportunity in Hope, Arkansas. Located at 1901 S Laurel St, this single-story, 100-bed facility sits on a 1.96-acre lot (APN 700-00808-000-C) and is zoned R-2. Built in 1974, the property is fully furnished and ready for immediate use. The building features a sprinkler system and previously housed 50 single-unit rooms, each accommodating two beds. The asking price is $900,000, translating to $31.21 per square foot. This property offers significant potential for redevelopment or repurposing within the senior living sector or for alternative uses permitted under the R-2 zoning. The property is currently vacant, providing immediate access for renovations or operational changes. Its substantial size and existing infrastructure make it an attractive proposition for investors seeking a turnkey project in a well-established Arkansas community. The property's location in Hope, AR, zip code 71801, offers convenient access to local amenities and transportation networks. This is a rare opportunity to acquire a large-scale property with significant potential in a growing market.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Hope
- County
- Hempstead
- State
- Arkansas
- Longitude
- -93.5857
- Latitude
- 33.6497
- 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
$12,283
$25,690
$221,450
$247,140
-
$128,450
$1,107,250
$1,235,700
