220 Hcr 31 Jasper, AR 72641
- Commercial real estate
- 4,752 SF
- 4.69 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 220 Hcr 31
- Year built
- 1988
- Lot size
- 4.69 lot acres
- Property size
- 4,752 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property in Jasper, Arkansas, presents a unique investment opportunity with multiple income streams. Situated on 4.69 acres and boasting over 4,752 square feet of space, the property enjoys a prime location just five miles from three Buffalo River access points, surrounded by the scenic Ozark National Forest. The main structure features a substantial retail space with highway frontage, including two private offices. Adding to the income potential is a recently renovated, two-bedroom, one-bathroom apartment offering an open-concept design. Two well-maintained cabins, known for their high occupancy rates and excellent guest reviews, provide additional rental income. Finally, a strategically placed double-faced billboard with four advertising faces generates further revenue. This turnkey operation offers a diverse range of income sources, making it an attractive investment for those seeking a profitable venture in a desirable location. The property's proximity to the Buffalo River and the Ozark National Forest provides significant appeal to tourists and outdoor enthusiasts, ensuring a consistent stream of potential customers for the retail space and cabins. The combination of retail, residential, and advertising revenue streams creates a resilient and diversified income portfolio. This is a rare opportunity to acquire a well-established, multi-faceted commercial property in a stunning natural setting. The property is priced at $1,200,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jasper
- County
- Newton
- State
- Arkansas
- Longitude
- -93.1619
- Latitude
- 36.0408