2801 Hazel StHope, AR 71801

  • Warehouses
  • 61,960 SF
For Sale
$1,800,000 View listing

Property Details for 2801 Hazel St

Year built
1997
Lot size
1.80 AC
Property size (Sq ft)
61,960 SF
Property type
Warehouses
APN
700-04715-000-C
APU
70004715000C

Description

This exceptional industrial property in Hope, Arkansas, presents a significant investment opportunity. The property, formerly occupied by Porter Building Supply Co., boasts a total area of 60,000 square feet, strategically divided into 5,500 square feet of office and retail space and a substantial 54,500 square feet of warehouse space. This versatile layout caters to a wide range of business needs, offering ample room for storage, operations, and administrative functions. The property sits on a generous 22.745-acre lot, providing significant expansion potential or room for outdoor storage. Adding to its appeal is an adjacent 7,000 square foot warehouse, offering further expansion possibilities or potential for separate leasing. The property also includes a unique amenity: an eight-acre lake, providing a tranquil setting and potential recreational opportunities. The asking price for this expansive industrial property is $1,800,000. The property's location in Hope, Arkansas, offers access to key transportation routes and a growing local market. This is a rare opportunity to acquire a large-scale industrial property with significant potential for growth and development. The property is comprised of two units, offering flexibility for various business models. This property is ideal for businesses seeking a substantial footprint in a desirable location.

2801 Hazel St, Hope, Arkansas

Location Insight

City
Hope
County
Hempstead
State
Arkansas
Latitude
33.6951
Longitude
-93.5998
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
$5,719
$11,600
$103,480
$115,080
-
$58,000
$517,400
$575,400

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