317 23Rd St Hope, AR 71801
- Warehouses
- 1,920 SF
- 0.13 lot acres
Current Use by Public Records
- Warehouses
Property Details for 317 23Rd St
- Year built
- 1979
- Lot size
- 0.13 lot acres
- Property size
- 1,920 SF
- Property type
- Warehouses
- APN
- 700-05661-000-C
- APU
- 70005661000C
Description
This 1,920-square-foot mixed-use property, located at 317 W 23rd St in Hope, Arkansas, presents a unique redevelopment opportunity. The building, constructed in 1979, sits on a 0.13-acre lot and is zoned for commercial use. Currently vacant, this Class B property offers a flexible layout suitable for various uses, including auto shop and creative office spaces. The existing structure features a sliding overhead garage door, ample storage, and a layout conducive to both shop and office functions. Its strategic location near a local university in a safe area provides access to a stable population base. The property's proximity to Highway 29 ensures high visibility and traffic exposure. Furthermore, the potential for cell tower rental adds a significant income stream opportunity. Priced at $180,000 ($93.75 per square foot), this property is an attractive investment for owner-users seeking a redevelopment project with strong potential for return. The single-story building offers 1,920 square feet of net rentable space.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $235,000
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Location Insight
- Map
- Local Demand
- City
- Hope
- County
- Hempstead
- State
- Arkansas
- Longitude
- -93.5915
- Latitude
- 33.6459
- CBSA code
- 26260
- CBSA name
- HOPE, AR MICROPOLITAN STATISTICAL AREA