Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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