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    Retail Space Near Buffalo River Title is generated by Realmo AI

    4806 AR 74 HWY W, Jasper, AR 72641

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    Claim this Listing
    For Sale
    $749,000

    SINGLE_FAMILY - Jasper, AR

    Type:Retail
    Property size:
    4,800 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $156/SF
    Added:
    Sep 24, 2025
    Days on Market:
    228
    Last Refresh:
    May 9 at 5:06 am

    Property Features for 4806 AR 74 HWY W

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Rooms
    Basement
    Standard status
    Active
    APN
    001-08388-003
    Size
    4,800 SF
    Lot size
    2.00 Acres

    Taxes and HOA fees

    Tax Description
    PT SW1/4 NW1/4 S19-T16N-R21W
    Tax Annual Amount
    1501

    Building Details

    Year built
    2017

    We can help!

    Listing Contact
    Vixen James
    Vixen James

    Listing agent Vixen James License #EB78146-D01

    Listing office United Country Property Connections 212 N Main St., Harrison, AR

    Listing date Sep 24, 2025

    MLS# 1323362

    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

    • High‑traffic location at the junction of Hwy 74 & Kyles Landing Rd, near Buffalo National River attractions.
    • Large main building with 1600SF retail space, 800SF offices/restrooms, and a 2400SF unfinished basement (with 400SF finished living quarters).
    • Includes a bathroom/coin‑operated shower house with 24‑hour access.
    • Features a 1800SF Maintenance Shop and Koolaire 300 lb ice maker.
    • Modern construction (built in 2017) with 400 amp underground service and multiple HVAC units.
    • Located on 2 acres with 1200 SF of decks/porch.

    Overview

    Located at the junction of Hwy 74 and Kyles Landing Rd, approximately 5 miles from Jasper, Arkansas, this property is near the Kyles Landing Access Point and Campground, and the Triple Falls Waterfall of the Buffalo National River. Situated between Jasper and Ponca, the property benefits from a high traffic count location near the Ozark National Forest. The property includes a main building featuring 1600 square feet of retail space, 800 square feet of offices and restrooms, and a 2400-square-foot unfinished basement with 400 square feet of finished living quarters. It also has 1200 square feet of decks and porch. The building is equipped with a 400 amp underground service, two 5-ton HVAC units, and one 3-ton HVAC unit, along with two 1000-gallon septic tanks with 600 feet of lateral lines. Additional structures include a bathroom and coin-operated shower house with 24-hour access, an 1800-square-foot maintenance shop, and a Koolaire 300 lb ice maker. The property also includes a business property aluminum Elk Statue and retail inventory. The property is situated on 2 acres.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Jasper
    County
    Newton
    State
    Arkansas
    Longitude
    -93.218
    Latitude
    36.0047

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    FAQs

    What type of property is this?
    Retail space - Retail space near Buffalo National River and Ozark National Forest.
    Where is this retail space located?
    The property is located at 4806 AR 74 HWY W Jasper, AR.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: High‑traffic location at the junction of Hwy 74 & Kyles Landing Rd, near Buffalo National River attractions.; Large main building with **1600SF retail space**, 800SF offices/restrooms, and a 2400SF unfinished basement (with 400SF finished living quarters).; Includes a bathroom/coin‑operated shower house with 24‑hour access.
    (870) 391-1025
    We can help!
    Listing Contact
    Vixen James
    Vixen James
    Real Estate License ID: EB78146-D01
    Learn More
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    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
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