Property profile

121 Hazel St Newport, AR 72112

FOR SALE
Turn key restaurants
Property ID
US05-0191860
4,064 SF 0.16 ac lot Built 1940
Entity Owned 2-yr Hold Free & Clear
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121 Hazel St, Newport, AR 72112 For Sale
$130,000 4,064 SF
121 Hazel St, Newport, AR 72112
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Property summary

AI-generated overview

A 4,064-square-foot restaurant property in downtown Newport, located near the Technical Depot, on a 0.5-acre lot within a commercial corridor. The building is configured with a dining area and a kitchen that includes commercial kitchen equipment such as commercial-grade appliances, refrigeration, and food-prep stations. A solid brick outbuilding on-site provides additional space that could support storage, an office, catering operations, or future expansion. Exterior space around the buildings allows for parking and potential patio seating and may offer development potential.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Total area 4,064 SF
Lot 0.16 ac (7,100 SF)
APN 013-00419-000
UPID US05-0191860

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

121 Hazel St Newport, AR 72112
Newport metro Census 480200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2021
Price N/A
2019
$20,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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