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    211 Court St Jasper, AR 72641

    Sponsored
    For Sale
    $2,000,000

    Unique Jasper investment: Riverfront, homes, & businesses.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial real estate opportunity in Jasper, Arkansas presents a unique investment portfolio. The property encompasses a diverse range of assets, strategically positioned along Scenic Highway 7 and boasting Little Buffalo River frontage. Four vacant residential lots offer immediate development potential, while two additional lots provide flexibility with dual commercial/residential zoning. Two existing homes are included, providing immediate income potential or comfortable living spaces. A well-equipped shop adds further versatility, suitable for various business ventures. The property also features a vintage rock home situated on Highway 7, ideally suited for conversion into a bed and breakfast, rental property, or unique business establishment. Its mature landscaping and prime location offer significant appeal. Adjacent to the rock home is a historic stone-faced building, formerly a gift shop, rich in local character and brimming with potential for repurposing. A brick home situated behind the gift shop, complete with a large metal outbuilding, completes this multifaceted offering. This rare assemblage of properties presents a compelling investment opportunity in the thriving tourist destination of Jasper, Arkansas. The combination of riverfront access, highway visibility, and diverse building types creates a truly unique and potentially lucrative investment.

    Property Features for 211 Court St

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Auto Repair Shop Hair Salon Nail Salon Pharmacy Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Newton
    State
    Arkansas
    Longitude
    -93.18612
    Latitude
    36.00893

    Nearby Comparable

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    FAQs

    What type of property is this?
    Commercial real estate - Unique Jasper investment: Riverfront, homes, & businesses.
    Where is this commercial real estate located?
    The property is located at 211 Court St Jasper, AR.
    What is the asking price?
    The asking price for this property is $2,000,000.
    (870) 416-5686
    Request Owner's contact information
    211 Court St 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
    211 Court St Jasper, AR 72641
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