Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    6208 Highway 49 S Paragould, AR

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    15.6-acre commercial land with highway frontage and development potential.

    Type:LAND
    Lot size:
    15.60 Acres
    Added:
    May 6, 2025
    Days on Market:
    368
    Last Refresh:
    Apr 5 at 10:58 pm

    Property Features for 6208 Highway 49 S

    General Information

    Standard status
    Active
    Lot size
    15.60 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 6208 Highway 49 S Contact us

    We can help!

    Listing Contact
    Mason Coy

    Listing agent Mason Coy

    Listing office Haag Brown Commercial

    Listing date May 6, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Haag Brown Commercial

    HighLights

    • $2.5 Million Worth of Utilities/Infrastructure Already Complete
    • Connected to a 580+ Unit Residential Development
    • Zoned For Commercial Use
    • 430 Linear Feet of Hwy 49 Frontage
    • 15.6‑Acre Tract of Land
    • Located in Rapidly Growing South Paragould

    Overview

    Prime Commercial Land on Highway

    This 15.6-acre tract of land is located in South Paragould along Highway 49, adjacent to the Central Baptist Paragould campus. Zoned for commercial use, the property benefits from its proximity to a 580+ unit residential development that is under construction. The site has 430 linear feet of Highway 49 frontage and has $2.5 MM worth of utilities and infrastructure complete. This location is suited for commercial or mixed-use ventures, including a retail center or residential expansion. The property offers a foundation for future growth and success.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Hair Salon Nail Salon Auto Parts Store Gym & Fitness Center Discount Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.5419
    Latitude
    35.9853

    Nearby Similar for Lease

    • $2,500/Mo

      Versatile Commercial Space in Paragould

      Multi-level commercial property with live-work potential in Paragould, AR.
      1011 Linwood Drive, Paragould, AR 72450-4861
      View Details
    • $10 SF/Yr

      Paragould Office Space Available

      Multi-tenant property with flexible spaces for lease in Paragould.
      1105 W Court Street, Paragould, AR 72450-4102
      View Details
    • $20 SF/Yr

      Paragould Medical/Office Space Available

      Two suites available for lease in Paragould, Arkansas.
      1105 W Court #B Street, Paragould, AR 72450
      View Details
    • $10 SF/Yr

      Paragould Office Space For Lease

      Multi-tenant property with flexible spaces suitable for various uses.
      1105 W Court #C Street, Paragould, AR 72450
      View Details
    • $1,500/Mo

      Prime Office Space in Paragould

      High-visibility office space in Paragould's bustling commercial district.
      2711 W Kingshighway, Paragould, AR 72450
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Office space available, offering 4,120 square feet.
      2420 Linwood Dr, Paragould, AR 72450
      View Details
    • $28 SF/Yr

      Retail Space on Kingshighway Available

      Rare leasing opportunity in well-positioned retail center on Kingshighway.
      2811 W Kingshighway, Paragould, AR
      View Details
    • $6 SF/Yr

      Retail Space in Paragould, AR

      Retail space available in a busy Paragould shopping center.
      420 US 49, Paragould, AR
      View Details
    • $7,000/Mo

      Retail Space in Paragould Plaza

      Retail space available in a busy Paragould shopping center.
      1723 W KINGSHIGHWAY STE 5, Paragould, AR 72450
      View Details
    • $12,700/Mo

      Retail Space in Paragould Plaza

      Retail space available in a busy Paragould shopping center.
      1723 W KINGSHIGHWAY STE 4, Paragould, AR 72450
      View Details
    • Contact for pricing

      Flexible Live-Work Space Available

      Versatile property suitable for office and residential use.
      1011 Linwood Dr, Paragould, AR 72450
      View Details
    • $15 SF/Yr

      Retail Space Beside Goodwill Store

      Retail space available next to Goodwill, approximately 2,400 square feet.
      2708-2900 W Kingshighway, Paragould, AR
      View Details

    FAQs

    What type of property is this?
    Commercial land - 15.6-acre commercial land with highway frontage and development potential.
    Where is this commercial land located?
    The property is located at 6208 Highway 49 S Paragould, AR.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: $2.5 Million Worth of Utilities/Infrastructure Already Complete; Connected to a 580+ Unit Residential Development; Zoned For Commercial Use
    (870) 336-8000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mason Coy
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6208 Highway 49 S, Paragould, AR
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!