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    4781 Ar 7 Jasper, AR 72641

    Sponsored
    For Sale
    $225,000

    Motel, Cafe, & Homes on 6.89 Acres

    Property size:
    1,440 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This unique investment property in Jasper, Arkansas, boasts a prime location at the highest point on Highway 7, just minutes from the Arkansas Grand Canyon. The 6.89-acre parcel includes a ten-room motel with a newly installed roof and a separate laundry room. Also situated on the property is a comfortable two-bedroom, two-bathroom home featuring a two-car garage and updated PEX plumbing. Adding to the property's versatility is a cozy one-bedroom cottage. The historic Mockingbird Cafe is a significant component, having undergone substantial renovations. These improvements encompass a new roof, windows, HVAC system, PEX plumbing, updated electrical wiring, and reinforced attic and foundation. The property's history reflects decades of ownership by the original builders, presenting a rare chance for a new owner to revitalize and capitalize on this established business and residential complex. The high elevation location offers stunning views and easy access to a major highway, making it an attractive destination. This multifaceted property presents a compelling investment opportunity with significant potential for growth and return. The existing structures provide a solid foundation for immediate income generation and future expansion.

    Property Features for 4781 Ar 7

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,440 SF
    Lot Size
    300,128 SF

    Building Details

    Year Built
    1981
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jasper
    County
    Newton
    State
    Arkansas
    Longitude
    -93.15305
    Latitude
    35.96352

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    FAQs

    What type of property is this?
    Commercial real estate - Motel, Cafe, & Homes on 6.89 Acres
    Where is this commercial real estate located?
    The property is located at 4781 Ar 7 Jasper, AR.
    What is the asking price?
    The asking price for this property is $225,000.
    (479) 790-3081
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    4781 Ar 7 Jasper, AR 72641
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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
    4781 Ar 7 Jasper, AR 72641
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