Property profile

211 Court St Jasper, AR 72641

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

This exceptional commercial real estate opportunity in Jasper, Arkansas presents a unique investment portfolio. The property encompasses a diverse range of assets, strategically positioned along Scenic Highway 7 and boasting Little Buffalo River frontage. Four vacant residential lots offer immediate development potential, while two additional lots provide flexibility with dual commercial/residential zoning. Two existing homes are included, providing immediate income potential or comfortable living spaces. A well-equipped shop adds further versatility, suitable for various business ventures. The property also features a vintage rock home situated on Highway 7, ideally suited for conversion into a bed and breakfast, rental property, or unique business establishment. Its mature landscaping and prime location offer significant appeal. Adjacent to the rock home is a historic stone-faced building, formerly a gift shop, rich in local character and brimming with potential for repurposing. A brick home situated behind the gift shop, complete with a large metal outbuilding, completes this multifaceted offering. This rare assemblage of properties presents a compelling investment opportunity in the thriving tourist destination of Jasper, Arkansas. The combination of riverfront access, highway visibility, and diverse building types creates a truly unique and potentially lucrative investment.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

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

Location

211 Court St Jasper, AR 72641
Jasper metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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