1700 3rdHope, AR 71801

  • Drive through restaurants
  • 27,034 SF
Off market

Property Details for 1700 3rd

Year built
1977
Lot size
9.40 AC
Property size (Sq ft)
27,034 SF
Property type
Drive through restaurants
APN
700-04905-000-C
APU
70004905000C

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,751,800
    6.5%
    $8,078,584
    7%
    $7,501,543
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,964,167
    Geo Method
    $4,873,030
  • Alternative Use

    Use
    Valuation
    Residential
    $6,814,588
    Hospitality
    $6,242,126
    Educational
    $5,193,376
    Medical
    $5,371,984
    Retail
    $8,078,584
1700 3rd, Hope, Arkansas

Location Insight

City
Hope
County
Hempstead
State
Arkansas
Latitude
33.6699
Longitude
-93.5715
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
$6,456
$20,250
$109,640
$129,890
-
$101,250
$548,200
$649,450

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