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712 N Hervey St 5.96 Acres of Commercial Land Offered at $550,000 in Hope, AR 71801
Investment Highlights
- Nearly six acres of commercially zoned land along one of Hope’s most traveled corridors.
- Flexible C-2 zoning suitable for multiple commercial development concepts.
- Surrounded by existing commercial establishments supporting traffic flow and customer base.
- Prime location with strong visibility and direct frontage on N Hervey Street.
- Located near Interstate 30, enhancing accessibility from regional markets.
Executive Summary
An exceptional development opportunity awaits at 712 N Hervey Street in Hope, Arkansas. Spanning nearly six acres, this commercially zoned property is strategically located along one of the city’s most heavily traveled streets, ensuring optimal visibility and accessibility. With frontage on N Hervey Street, the site is well positioned to accommodate a wide range of commercial uses, including retail centers, dining establishments, or service-oriented businesses.
Investors and developers will benefit from the property’s favorable C-2 zoning, which offers flexibility in design and use. The surrounding area features a mix of commercial activity, bolstered by consistent traffic counts driven by local and regional connectivity. Situated near key thoroughfares with convenient access to Interstate 30, the property provides seamless mobility for customers and suppliers alike.
This site presents a rare chance to establish a compelling presence in a growth-oriented submarket of Southwest Arkansas. The property’s size and zoning, combined with its prime location on the main commercial corridor, create an ideal framework for a high-impact development that can serve both the local community and regional travelers.
Investors and developers will benefit from the property’s favorable C-2 zoning, which offers flexibility in design and use. The surrounding area features a mix of commercial activity, bolstered by consistent traffic counts driven by local and regional connectivity. Situated near key thoroughfares with convenient access to Interstate 30, the property provides seamless mobility for customers and suppliers alike.
This site presents a rare chance to establish a compelling presence in a growth-oriented submarket of Southwest Arkansas. The property’s size and zoning, combined with its prime location on the main commercial corridor, create an ideal framework for a high-impact development that can serve both the local community and regional travelers.
Property Facts
| Price | $550,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 5.96 AC |
| Property Type | Land | ||
| Zoning | C-2 - Local zoning information in attached document | ||
| Price | $550,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.96 AC |
| Zoning | C-2 - Local zoning information in attached document |
1 Lot Available
Lot
| Price | $550,000 | Lot Size | 5.96 AC |
| Price Per AC | $92,281.88 |
| Price | $550,000 |
| Price Per AC | $92,281.88 |
| Lot Size | 5.96 AC |
This 5.96-acre commercial land parcel at 712 N Hervey Street in Hope, Arkansas offers an exceptional opportunity for development in a thriving corridor. Positioned along one of the city’s busiest streets, the site boasts excellent visibility.
Description
Situated in a trade area that supports both local residents and interstate travelers, this property delivers competitive positioning for businesses looking to capitalize on visibility, accessibility, and sustained growth in Southwest Arkansas. Whether planned for a single high-profile tenant or a multi-concept development, this lot provides the essential attributes for a successful commercial project.
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 700-05183-000 | Improvements Assessment | $0 |
| Land Assessment | $31,740 | Total Assessment | $31,740 |
Property Taxes
Parcel Number
700-05183-000
Land Assessment
$31,740
Improvements Assessment
$0
Total Assessment
$31,740
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712 N Hervey St