Property profile

3091 Hwy 32nd N Hope, AR 71801

OFF-MARKET
Auto shops
Property ID
US05-1697848
9,100 SF 2.28 ac lot Built 1980
Individually Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

Commercial property located at 3091 Highway 32 North in Hope, Arkansas, comprising two buildings on 2.28 acres and positioned outside city limits. The property is zoned Commercial Improvement (CI) and contains a front building constructed in 1980 with 3,100 square feet, including two semi bays, a truck wash with a large drain, three offices, one bathroom, HVAC, and storage. A back building constructed in 2006 offers 6,000 square feet with four 12x14 bays suited for semi-trucks, office space, a dispatch area, a parts room, one full bathroom, HVAC installed in 2006, and a storage room. Utilities include HWL; the site has a gas line that is not currently connected and includes a septic tank. Parcel number is 001-03842-000-C, with STR 17-12-24; the property was previously used for truck and trailer repair and is configured for a range of commercial uses.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1980
Total area 9,100 SF
Lot 2.28 ac (99,317 SF)
APN 001-03842-000-C
UPID US05-1697848

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3091 Hwy 32nd N Hope, AR 71801-8806
Hope metro Census 480102 HOPE, AR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$235k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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