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    Property profile & analytics

    420 Hervey St Hope, AR 71801-3432

    • Outlet malls
    • 6,368 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US05-1606584
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • O'Reilly Auto Parts / Auto Parts Store / Auto Body Parts Supplier

    Property Details for 420 Hervey St

    Year built
    2001
    Lot size
    0.20 lot acres
    Property size
    6,368 SF
    Property type
    Outlet malls
    APN
    700-02141-000
    APU
    70002141000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hope
    County
    Hempstead
    State
    Arkansas
    Longitude
    -93.5986
    Latitude
    33.6719
    CBSA code
    26260
    CBSA name
    HOPE, AR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,655
    $6,130
    $47,290
    $53,420
    -
    $30,650
    $236,450
    $267,100

    Comparable in this City

    • Value Estimation by Request
      18,608 SF

      120 Elm St

      WHOLESALE OUTLET, DISCOUNT STORE • 18,608 SF
      120 Elm St, Hope, AR 71801-4311
      View Details
    • Value Estimation
      $450,000
      34,700 SF

      201 Hervey St

      WHOLESALE OUTLET, DISCOUNT STORE • 34,700 SF
      201 Hervey St, Hope, AR 71801-4210
      View Details
    • Value Estimation
      $1,170,000
      9,344 SF

      3602 Hwy 174th S

      WHOLESALE OUTLET, DISCOUNT STORE • 9,344 SF
      3602 Hwy 174th S, Hope, AR 71801-9032
      View Details
    • Value Estimation
      $1,030,000
      158,999 SF

      2400 Hervey St

      WHOLESALE OUTLET, DISCOUNT STORE • 158,999 SF
      2400 Hervey St, Hope, AR 71801-8418
      View Details
    • Value Estimation
      $415,000
      6,415 SF

      203 Hervey St

      WHOLESALE OUTLET, DISCOUNT STORE • 6,415 SF
      203 Hervey St, Hope, AR 71801-3614
      View Details
    • Value Estimation
      $540,000
      7,765 SF

      815 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 7,765 SF
      815 Main St, Hope, AR 71801-6524
      View Details

    Similar Nearby for Sale

    • $3,125,000
      90,017 SF

      Value-Add Neighborhood Shopping Center

      Neighborhood shopping center with national and local tenant mix.
      503 N Hervey St, Hope, AR 71801
      View Details
    • $1,885,000
      31,418 SF

      Shopping Center with Warehouse Space

      Shopping center with warehouse space on 2.12 acres.
      811 N Hervey St, Hope, AR 71801
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    • $70,000
      2,100 SF

      Hope, AR Commercial Building/Land

      2,100 SF commercial building on 0.334 acres in Hope, AR.
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    • $150,000
      2,474 SF

      Hope, AR Retail Investment Opportunity

      Prime location, vacant retail space. High-return potential.
      1321 Main St, Hope, AR 71801
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    • $2,200,000
      2,905 SF

      Shell Convenience Store For Sale

      2,905 SF Shell station in high-traffic Hope, Arkansas.
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      Hope, AR Mixed-Use Investment

      High-cash-flow duplex, prime location.
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      View Details
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    420 Hervey St
    Hope, AR 71801-3432
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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