401 Laurel St, Hope, AR 71801-2917
This exceptional industrial property, located at 401 Laurel St North in Hope, Arkansas, presents a significant opportunity for manufacturing businesses. The property encompasses a substantial 2.07 acres of land, featuring an expansive 18,400 square foot open-sided warehouse/manufacturing building. This versatile space is ideally suited for a variety of industrial applications, offering ample room for production, storage, and operations. The building's open-sided design allows for efficient material handling and flexibility in layout. The property is zoned I-1 Heavy Industrial, ensuring compatibility with a wide range of manufacturing activities. Situated in Hempstead County, Arkansas, with a 71801 zip code, this location offers convenient access to transportation routes and essential infrastructure. The asking price for this prime industrial property is $152,400. This represents a compelling investment opportunity for businesses seeking a well-located, spacious, and functional manufacturing facility in a thriving Arkansas community. The property's size and zoning make it suitable for a variety of industrial uses, providing significant potential for growth and expansion. Don't miss this chance to acquire a substantial industrial asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.