Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    121 Hazel St Newport, AR 72112

    • Turn key restaurants
    • 4,064 SF
    • 0.16 lot acres
    For Sale
    View listing
    $150,000
    Value Estimation
    Last Sale
    Jan 21, 2021
    Location Intelligence
    Property ID
    US05-0191860
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 121 Hazel St

    Year built
    1940
    Lot size
    0.16 lot acres
    Property size
    4,064 SF
    Property type
    Turn key restaurants
    APN
    013-00419-000
    APU
    1300419000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Jackson
    State
    Arkansas
    Longitude
    -91.2821
    Latitude
    35.606

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $865
    $990
    $15,650
    $16,640
    -
    $4,950
    $78,250
    $83,200

    Comparable in this City

    • Value Estimation by Request
      1,504 SF

      518 Malcolm Ave

      RESTAURANT • 1,504 SF
      518 Malcolm Ave, Newport, AR 72112-3404
      View Details
    • Value Estimation
      $270,000
      4,252 SF

      112 Harwood St

      RESTAURANT • 4,252 SF
      112 Harwood St, Newport, AR 72112-3680
      View Details
    • Value Estimation by Request
      2,120 SF

      1223 Malcolm Ave

      RESTAURANT • 2,120 SF
      1223 Malcolm Ave, Newport, AR 72112-3507
      View Details
    • Value Estimation
      $220,000
      2,744 SF

      2725 Hwy 367th N

      RESTAURANT • 2,744 SF
      2725 Hwy 367th N, Newport, AR 72112-2398
      View Details
    • Value Estimation
      $365,000
      5,200 SF

      2400 Malcolm Ave

      RESTAURANT • 5,200 SF
      2400 Malcolm Ave, Newport, AR 72112-3672
      View Details
    • Value Estimation by Request
      2,108 SF

      104 3rd St

      RESTAURANT • 2,108 SF
      104 3rd St, Newport, AR 72112-3412
      View Details

    Similar Nearby for Sale

    • $150,000
      4,064 SF

      Turnkey Restaurant in Downtown Newport

      Fully equipped restaurant with additional brick outbuilding and large lot.
      121 Hazel St, Newport, AR 72112
      View Details
    • $395,000
      5,800 SF

      Newport, AR Commercial Property For Sale

      5,800 sq ft commercial building on 0.85-acre lot.
      204 Olivia Dr, Newport, AR 72112
      View Details
    • $159,900
      2,520 SF

      Commercial Building and Land in Newport

      Commercial property suitable for various business ventures in Newport, Arkansas.
      101 Lindley Ln, Newport, AR 72112
      View Details
    • $1,100,000
      13,020 SF

      Freestanding Retail Building For Sale

      13,020 SF retail building with drive-thru and ample parking.
      2401 Malcolm Ave, Newport, AR 72112
      View Details
    • New
      $299,000
      1.20 Acres

      Prime Land Opportunity Near Walmart

      1.2-acre commercial land for sale across from Walmart.
      1412 Highway 367, Newport, AR 72112
      View Details
    • $4,696,640
      234,832 SF

      Victory Industrial Warehouse

      234,832 SF Industrial Building, Newport, AR
      7301 Victory Blvd, Newport, AR 72112
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    121 Hazel St
    Newport, AR 72112
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.