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    449 Court St Jasper, AR 72641

    Sponsored
    For Lease
    $6 SF/Yr ($5,294 /Mo)

    Freestanding retail building, 1.58 acres. High visibility location.

    Lot size:
    10,588 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 10,588-square-foot freestanding retail building is available for sublease in Jasper, Arkansas. Situated on a sizable 1.58-acre lot at 449 W Court St, this single-story Class C property offers significant commercial potential. The entire 10,588 square feet is currently vacant, providing a blank canvas for a new tenant. The building enjoys a prime location in Jasper, benefiting from high visibility on Court Street, with an estimated 4,000 vehicles passing daily. Nearby businesses include Dollar General, Harps, Ozark Cafe, and Jasper High School, ensuring convenient access to local amenities and a built-in customer base. The property's strategic position offers easy access to Arkansas 74 W, located just a quarter mile away. The sublease rate is $6.00 per square foot on a triple-net basis. This presents a unique opportunity for businesses seeking a prominent location in a charming small-town setting. The property consists of one building and is situated in Newton County, Arkansas, zip code 72641.

    Property Features for 449 Court St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,588 SF
    Class
    C
    Total Rate
    5294

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    10,588 SF
    Rate per SF
    $6

    HighLights

    • 10,588 SF freestanding retail building available for sublease.
    • 1.58‑acre lot.
    • $6.00/SF NNN sublease rate.
    • Excellent location near Dollar General, Harps, Ozark Cafe, and Jasper High School.
    • Quarter‑mile from AR‑74 W.
    • High visibility on Court Street with approx. 4,000 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    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
    -93.180341887992
    Latitude
    36.012553535531

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    FAQs

    What type of property is this?
    Individual retail property - Freestanding retail building, 1.58 acres. High visibility location.
    Where is this individual retail property located?
    The property is located at 449 Court St Jasper, AR.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 10,588 SF freestanding retail building available for sublease.; 1.58-acre lot.; $6.00/SF NNN sublease rate.
    Request Owner's contact information
    449 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
    449 Court St Jasper, AR 72641
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