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    Property profile & analytics

    24841 Hwy 37th N Newport, AR 72112-9742

    • Bars
    • 2,944 SF
    • 1.32 lot acres
    OFF-MARKET
    Value Estimation
    $145,000
    Last Sale
    Nov 28, 2023
    $125,000
    Location Intelligence
    Property ID
    US05-1377230
    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

    • Bars

    Property Details for 24841 Hwy 37th N

    Year built
    2006
    Lot size
    1.32 lot acres
    Property size
    2,944 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    001-06496-001
    APU
    106496001

    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
    -91.2901
    Latitude
    35.7492

    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
    $866
    $1,910
    $17,330
    $19,240
    -
    $9,550
    $86,650
    $96,200

    Comparable in this City

    • Value Estimation
      $190,000
      5,100 SF

      714 Hwy 367th N

      BAR, TAVERN • 5,100 SF
      714 Hwy 367th N, Newport, AR 72112-4837
      View Details
    • Value Estimation by Request
      6,051 SF

      2nd St

      BAR, TAVERN • 6,051 SF
      2nd St, Newport, AR 72112
      View Details
    • Value Estimation by Request
      3,936 SF

      209 Beech St

      BAR, TAVERN • 3,936 SF
      209 Beech St, Newport, AR 72112-3449
      View Details
    • Value Estimation by Request
      1,800 SF

      1211 Remmel Ave

      BAR, TAVERN • 1,800 SF
      1211 Remmel Ave, Newport, AR 72112
      View Details
    • Value Estimation by Request
      4,064 SF

      121 Hazel St

      RESTAURANT • 4,064 SF
      121 Hazel St, Newport, AR 72112
      View Details
    • Value Estimation by Request
      1,504 SF

      518 Malcolm Ave

      RESTAURANT • 1,504 SF
      518 Malcolm Ave, Newport, AR 72112-3404
      View Details

    Similar Nearby for Sale

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      Turnkey Restaurant in Downtown Newport

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      Newport, AR Commercial Property For Sale

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      Commercial Building and Land in Newport

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    • $1,100,000
      13,020 SF

      Freestanding Retail Building For Sale

      13,020 SF retail building with drive-thru and ample parking.
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    • $4,696,640
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      Victory Industrial Warehouse

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    • $4,695,600
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      Prime Newport, AR Land Holding

      23 Acres, Exceptional Development Potential
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      View Details
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    24841 Hwy 37th N
    Newport, AR 72112-9742
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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
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