Property profile

4781 Ar 7 Jasper, AR 72641

OFF-MARKET
Commercial real estate
1,440 SF 6.89 ac lot Built 1981
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Property summary

AI-generated overview

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 profile

Verified
Property type Commercial real estate
Year built 1981
Total area 1,440 SF
Lot 6.89 ac (300,128 SF)

Cap rate & NOI

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

Location

4781 Ar 7 Jasper, AR 72641
Jasper metro
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Value estimations

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Owner & transaction history

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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