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    1501 Kingshighway Paragould, AR 72450

    For Sale
    $425,000

    2.52 Acres, $425,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 2.52-acre commercial lot presents a unique investment opportunity in the thriving city of Paragould, Arkansas. Located at the prominent address of 1501 Kingshighway, this expansive parcel offers significant potential for a wide range of commercial developments. The property's generous size allows for ample space to construct a substantial building, providing flexibility for various business ventures. Its strategic location on Kingshighway ensures high visibility and accessibility, attracting significant foot and vehicle traffic. The address itself is a key advantage, offering excellent branding opportunities for any business. This property is ideal for entrepreneurs seeking a prime location to establish their presence or for investors looking for a strong return on investment in a growing market. The absence of existing structures allows for complete design freedom, enabling the creation of a custom-built facility tailored to specific business needs. The 2.52 acres provide ample room for parking, landscaping, and potential future expansion. This is a rare opportunity to acquire a large, well-situated commercial lot in a desirable Arkansas location. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $425,000. All interested parties should conduct their own due diligence.

    Property Features for 1501 Kingshighway

    General Information

    Property type
    Other commercial real estate
    Lot Size
    109,771 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CVS Photo Passport Photo Processor CVS Drug Store CDReload - Online Bitcoin ... Crypto Atm LibertyX Bitcoin ATM Atm CVS Pharmacy Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -90.50552
    Latitude
    36.05294

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    FAQs

    What type of property is this?
    Commercial real estate - 2.52 Acres, $425,000
    Where is this commercial real estate located?
    The property is located at 1501 Kingshighway Paragould, AR.
    What is the asking price?
    The asking price for this property is $425,000.
    Request Owner's contact information
    1501 Kingshighway Paragould, AR 72450
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    Paragould, AR 72450
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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
    1501 Kingshighway Paragould, AR 72450
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