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    1723 Kingshighway Paragould, AR 72450

    For Sale
    Contact for pricing

    Spacious Retail Building - 11.69 Acres

    Property size:
    8,480 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use property, located at 1723 W Kingshighway in Paragould, Arkansas, presents a significant commercial opportunity. The building boasts a substantial 8,480 square feet of space, previously occupied as a mattress and furniture store, making it ideal for a variety of retail or commercial ventures. The expansive 11.69-acre lot offers ample room for expansion, additional parking, or outdoor display areas, providing significant flexibility for future development. The property is available for lease, with a preference for a five-year lease term, although all proposals will be considered. This is a triple net lease arrangement, meaning the tenant is responsible for property taxes, insurance, and maintenance. The building's previous use as a retail establishment suggests strong potential for continued success in a similar capacity, but the versatile layout and generous space make it suitable for a wide range of commercial applications. The property's prominent location on W Kingshighway ensures high visibility and accessibility, attracting significant foot traffic and providing excellent exposure for any business. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The property is offered as-is.

    Property Features for 1723 Kingshighway

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,480 SF
    Lot Size
    509,216 SF
    Property Profile 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
    -90.50732
    Latitude
    36.0554

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    FAQs

    What type of property is this?
    Mixed-use property - Spacious Retail Building - 11.69 Acres
    Where is this mixed-use property located?
    The property is located at 1723 Kingshighway Paragould, AR.
    (870) 236-2121
    Request Owner's contact information
    1723 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
    1723 Kingshighway Paragould, AR 72450
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