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    1723 W Kingshighway, Unit 4 Paragould, AR 72450

    For Lease
    $12,700 /Mo ($8 SF/Yr)

    Lease - Paragould, AR

    Property size:
    19,026 SF
    Lot size:
    12.00 Acres
    Days on Market:
    79
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 1723 W Kingshighway

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C 3
    Parking
    100
    Size
    19,026 SF
    Lot size
    12.00 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1960
    Floors in Building
    1
    Flooring type
    Carpet, Carpet - Partial, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Metal
    Architectural style
    Other

    IMAGE REALTY (870) 215-1511 [email protected]

    Listing agent Brooksie Felty-Hartness (870) 236-2121

    Listing date Sep 18, 2025

    MLS# 23001558 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Paragould Plaza

    This retail opportunity is located in Paragould Plaza, situated in the center of town. The property, formerly a Fred's space, offers approximately 19,000 square feet of space and features an open concept layout, bathrooms, and a storage area. Anchor stores in the plaza include Hays Grocery, Marco's Pizza, Taco Rio, Postnet, Southern Bank, Battens Donuts, Dollar General, Shoe Sensation, and GameXchg. The landlord is open to considering tenant improvements based on lease terms. Concept plans are available for remodeling the storefront. The property is located at 1723 W KINGSHIGHWAY STE 4, Paragould, AR 72450. The lot size is 12 acres. The zoning is C 3.
    Location Intelligence

    Current Use by Public Records

    Factory Connection Clothing Store Shoe Sensation Shoe Store Paragould ATA Martial ... Martial Arts School

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.507322
    Latitude
    36.055403

    Nearby Similar for Lease

    • $7,000 /Mo
      8,400 SF

      Retail Space in Paragould Plaza

      Retail space available in a busy Paragould shopping center.
      1723 W Kingshighway, Paragould, AR 72450
      View Details
    • $1,625 /Mo
      2,003 SF

      Retail/Office Space Near Walmart

      Versatile commercial space with high visibility near Walmart.
      306 Reynolds Rd, Paragould, AR 72450
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    • $15 SF/Yr
      2,000 SF

      Prime Retail/Office Space Available

      2000 sq ft space in Paragould's thriving SouthPointe Park.
      11 Southpointe Dr, Paragould, AR 72450
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    • $1,500 /Mo
      900 SF

      Prime Office Space in Paragould

      High-visibility office space in Paragould's bustling commercial district.
      2711 W Kingshighway, Paragould, AR 72450
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    • $7 SF/Yr
      150,000 SF

      Town West Coworking Space Available

      Prime Greene County Coworking Opportunity
      2501 Kingshighway, Paragould, AR 72450
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    • $15 SF/Yr
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      West Pointe Center Retail Space

      Paragould, AR retail space available. High traffic location.
      2900 Kingshighway, Paragould, AR 72450
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Retail space available in a busy Paragould shopping center.
    Where is this neighborhood center located?
    The property is located at 1723 W Kingshighway, Unit 4 Paragould, AR.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail location in the center of town within Paragould Plaza.; - Anchored by long-term, established tenants including Hays Grocery, Marco's Pizza, and Dollar General.; - Large space available: approximately 19,000 sq ft.
    (870) 236-2121
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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
    1723 W Kingshighway, Unit 4 Paragould, AR 72450
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