Apartment Building with 23
For Sale
$988,500
807 W Kingshighway, Paragould, AR 72450
COMMERCIAL - Paragould, AR
Property Size8,424 SF
Lot Size0.50 Acres
Price / SF$117.34
Days on Market98
Property Features for 807 W Kingshighway
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Sloped
Directions
807 W Kingshighway, Paragould, AR 72450
Subdivision
PARAGOULD (NORTHEAST)
Standard status
Active
Size
8,424 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Description
3 EXC E5' & ALL 4 Block 11
Tax Annual Amount
2142
Legal Description
3 EXC E5' & ALL 4 Block 11
Building Details
Year built
1982
Floors in Building
2
Flooring type
Vinyl, Carpet - Partial
Roof type
Metal, Composition
Architectural style
Other
Listing Agency:
Amigos Realty, LLC
(870) 476-8421
Listed By:
Bacilio Hernandez
(870) 476-8421
Added: May 5
Changed: Aug 4
Last Checked: Aug 10 at 12:06AM
MLS# 26017983
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This apartment building is currently operating as a multi-residential apartment complex with 23 cash-flowing units. The property sits on a 0.5-acre lot and has a total size of 8,424 square feet. Interior finishes include partial carpet and vinyl flooring. The roof is a combination of composition and metal.
Located at 807 W Kingshighway in Paragould, AR, the property is zoned C-2. It is almost across directly from the hospital, placing it in a high-visibility area with redevelopment and mixed-use flexibility consistent with the zoning.
Built in 1982, this multifamily property offers an income-producing setup while remaining adaptable for future redevelopment options under the C-2 zoning designation.
Located at 807 W Kingshighway in Paragould, AR, the property is zoned C-2. It is almost across directly from the hospital, placing it in a high-visibility area with redevelopment and mixed-use flexibility consistent with the zoning.
Built in 1982, this multifamily property offers an income-producing setup while remaining adaptable for future redevelopment options under the C-2 zoning designation.
Key Highlights
- 23 cash‑flowing apartment units currently operating
- Zoned C‑2 with redevelopment and mixed‑use flexibility
- 0.5‑acre lot and 8,424 SF building size
Property Analytics
Property Profile
Current Use
Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
870
Businesses Nearby
Explore this area
Business Placement
Demographics for 72450, AR
39,945
Population
16,784
Households
2.4
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
285.3 sq mi
ZIP Area
140
Density / Sq Mi
$56,390
Median Household Income
$37,008
Median Earnings
$865
Median Rent
$169,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Zoned C-2 and currently operating as a multi-residential apartment complex with 23 cash-flowing units.
Where is this apartment building located?
The property is located at 807 W Kingshighway Paragould, AR.
What is the asking price?
The asking price for this property is $988,500.
What are key features of this property?
This property features: 23 cash‑flowing apartment units currently operating; Zoned C‑2 with redevelopment and mixed‑use flexibility; 0.5‑acre lot and 8,424 SF building size
