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    Property profile & analytics

    500 23rd St Hope, AR 71801-8140

    • Assisted living facilities
    • 28,398 SF
    • 2.07 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US05-1658420
    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

    • Hope Haven Assisted Living Community / Assisted Living Facility

    Property Details for 500 23rd St

    Year built
    1986
    Lot size
    2.07 lot acres
    Property size
    28,398 SF
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    700-02435-001-C
    APU
    70002435001C

    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
    -93.5936
    Latitude
    33.6469
    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
    $13,089
    $7,180
    $256,190
    $263,370
    -
    $35,900
    $1,280,950
    $1,316,850

    Comparable in this City

    • Value Estimation by Request
      6,771 SF

      805 Trinity Dr

      MEDICAL BUILDING • 6,771 SF
      805 Trinity Dr, Hope, AR 71801-3621
      View Details
    • Value Estimation by Request
      2,480 SF

      802 3rd St

      MEDICAL BUILDING • 2,480 SF
      802 3rd St, Hope, AR 71801-5503
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    • Value Estimation by Request
      1,843 SF

      901 Elm St

      MEDICAL BUILDING • 1,843 SF
      901 Elm St, Hope, AR 71801-6518
      View Details
    • Value Estimation by Request
      1,285 SF

      1820 Main St

      MEDICAL BUILDING • 1,285 SF
      1820 Main St, Hope, AR 71801-8116
      View Details
    • Value Estimation
      $175,000
      1,824 SF

      108 19th St

      MEDICAL BUILDING • 1,824 SF
      108 19th St, Hope, AR 71801-8207
      View Details
    • Value Estimation
      $1,670,000
      3,351 SF

      405 16th St

      MEDICAL BUILDING • 3,351 SF
      405 16th St, Hope, AR 71801-7104
      View Details

    Similar Nearby for Sale

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      Vacant commercial lot in an excellent location.
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    • $165,000
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      Land Available in Hope, AR

      2.57 acres of land for sale in Hope, Arkansas.
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    • $60,000
      20.00 Acres

      20 Acres of Hardwood Timber

      20 acres of agricultural land with hardwood timber.
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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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    • $180,000
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      29.4 acres of agricultural land with highway frontage in Hope.
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      View Details
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    500 23rd St
    Hope, AR 71801-8140
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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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