Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Warehouses

    2801 N Hazel St, Hope, AR 71801

    61,960 SF 1.8 ac lot Built 1997
    Entity Owned Free & Clear
    Property ID
    US05-1987222
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1997
    Total area 61,960 SF
    Lot 1.8 ac (78,408 SF)
    APN 700-04715-000-C
    UPID US05-1987222
    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
    • Millwood Timber Corporation Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.06M
    Owner & transaction history
    MILLWOOD CORPORATION
    MILLWOOD CORPORATION
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message