Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wooded Land in Jasper, AR Title is generated by Realmo AI

    Hwy 74 W, Jasper, AR 72641

    View on Map
    Claim this Listing
    For Sale
    $80,000

    LAND - Jasper, AR

    Lot size:
    3.80 Acres
    Added:
    May 23, 2024
    Days on Market:
    731
    Last Refresh:
    May 23 at 6:06 pm

    Property Features for Hwy 74 W

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking
    4
    Standard status
    Active
    Lot size
    3.80 Acres

    Taxes and HOA fees

    Tax Description
    Part of the NW NE 28-16-21 of Newton County, AR containing 3.80 acres m/l.

    We can help!

    Listing Contact
    Randy Moore

    Listing agent Randy Moore License #PB00057106

    Listing office Harp & Associates Real Estate 300 S Main, Harrison, AR

    Listing date May 23, 2024

    MLS# H149050

    Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • All wooded building lot with large, mature hardwood timber.
    • Great location: less than 2 miles into Jasper.
    • Easy access to Newton County attractions.
    • Highway and gravel road frontage.
    • More land available.
    • Building lot.

    Overview

    This is a 3.8-acre wooded building lot featuring large, mature hardwood timber. The property benefits from frontage on both a highway and a gravel road. It is located less than 2 miles from Jasper, Arkansas, providing convenient access to local amenities and attractions within Newton County. Additional land may be available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Jasper
    County
    Newton
    State
    Arkansas
    Longitude
    -93.218
    Latitude
    36.0047

    Nearby Similar for Sale

    • $749,000
      4,800 SF

      Retail Space Near Buffalo River

      Retail space near Buffalo National River and Ozark National Forest.
      4806 AR 74 HWY W, Jasper, AR 72641
      View Details
    • $1,400,000
      1,479 SF

      Historic Building in Jasper Square

      Historic building in downtown Jasper, Arkansas, with expansion potential.
      103 W Church Street, Jasper, AR 72641
      View Details
    • $198,000

      Land Near Highways 7 and 374

      Two acres suitable for business or nightly rentals.
      4525 S AR 7 Highway, Jasper, AR 72641
      View Details
    • $799,000
      4,752 SF

      Ozark Investment Opportunity

      4.69 acres with multiple income streams near Buffalo River.
      3451 AR 7 HWY N, Jasper, AR 72641
      View Details
    • $384,800

      Ozark Land Near Buffalo River

      38+ acres of secluded land near Jasper and Buffalo River.
      Tract 1 NC 3015 lot: 0, Jasper, AR 72641
      View Details
    • $139,000

      Ozark Land with Mountain Views

      5-acre tract with mountain views near Buffalo National River.
      TBD-J NC 6827, Jasper, AR 72641
      View Details
    • $99,000

      Ozark Land with Mountain Views

      4.79-acre tract with mountain views, spring, and underground utilities.
      TBD-H NC 6827, Jasper, AR 72641
      View Details
    • $149,000

      Ozark Land with Mountain Views

      6.47 acres in Jasper, AR, ideal for home or retreat.
      TBD-I NC 6827, Jasper, AR 72641
      View Details
    • $550,000

      Ozark Land with Canyon Views

      20.22 acres with mature hardwoods and canyon views.
      977 NC 8627, Jasper, AR 72641
      View Details
    • $99,000

      Jasper, AR Land For Sale

      7.28-acre property in the Ozarks, near Jasper square.
      NC 3050 lot: 0, Jasper, AR 72641
      View Details
    • $119,900

      Jasper, AR Land For Sale

      4.9 acres with utilities and storm shelter near Buffalo River.
      556 NC 6077, Jasper, AR 72641
      View Details
    • $67,500

      Wooded Acres Near Arkansas Canyon

      7.5 acres of wooded land near Jasper, Arkansas.
      NC 8378, Jasper, AR 72641
      View Details

    FAQs

    What type of property is this?
    Land - 3.8 acres of wooded land with mature hardwood timber.
    Where is this land located?
    The property is located at Hwy 74 W Jasper, AR.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: All wooded building lot with large, mature hardwood timber.; Great location: less than 2 miles into Jasper.; Easy access to Newton County attractions.
    (870) 365-9702
    We can help!
    Listing Contact
    Randy Moore
    Real Estate License ID: PB00057106
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Hwy 74 W, Jasper, AR 72641
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!