Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space on Highway 412 Title is generated by Realmo AI

    303 S 4th Avenue, Paragould, AR 72450

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Retail space available on Highway 412 and Highway 49.

    Property size:
    780 SF
    Added:
    Jan 3, 2026
    Days on Market:
    153
    Last Refresh:
    Mar 16 at 8:26 am

    Property Features for 303 S 4th Avenue

    General Information

    Standard status
    Active
    Size
    780 SF

    We can help!

    Listing Contact
    Judith T Wheelis

    Listing agent Judith T Wheelis

    Listing office Tasabah & Associates, L.L.C.

    Listing date Jan 3, 2026

    Source Evrealestate

    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 Tasabah & Associates, L.L.C.

    HighLights

    • Convenient location near Hwy 412 and Hwy 49
    • Located on the 3rd road to the left after the overpass on Hwy 412
    • Situated in Greene County
    • Located on the 3rd block
    • Distinctive white building
    • Located on the right

    Overview

    This 780-square-foot retail space is located near Highway 412 and Highway 49. To reach the property from Highway 412, proceed past the overpass and take the third road to the left. The property is situated in the third block, housed within a white building on the right.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.482439
    Latitude
    36.054105

    Nearby Similar for Sale

    • $1,495,000
      5,056 SF

      Iconic Commercial Property in Paragould

      Long-standing destination for fuel, food, and community connection.
      12754 W Highway 412, Paragould, AR 72450
      View Details
    • $345,000
      3,722 SF

      Versatile Commercial Property in Paragould

      Multi-level commercial property with office, storage, and live-work potential.
      1011 Linwood Drive, Paragould, AR 72450-0000
      View Details
    • $329,900
      1,760 SF

      Corner Lot Commercial Opportunity

      High-visibility corner lot suitable for various business uses.
      726 W Kingshighway, Paragould, AR 72450
      View Details
    • $988,500
      8,424 SF

      Paragould Multi-Residential Investment Opportunity

      Multi-unit apartment complex with redevelopment potential in desirable location.
      807 W Kingshighway, Paragould, AR 72450
      View Details
    • $675,000
      6,864 SF

      Remodeled Apartment Complex Investment

      Eight-unit apartment complex in Paragould, AR, remodeled in 2025.
      1205 W Hunt St, Paragould, AR 72450
      View Details
    • $900,000
      26,798 SF

      Versatile Industrial Property in Paragould

      Mix of office, showroom, and warehouse space near US 412.
      1305 Carroll Road, Paragould, AR 72450-6065
      View Details
    • $229,900
      1,950 SF

      Paragould Commercial Property on Highway

      High-traffic corner lot suitable for retail or office use.
      2212 LINWOOD DR., Paragould, AR 72450
      View Details
    • $2,500
      3,722 SF

      Paragould Commercial Property with Flexibility

      Versatile mixed-use property with live-work potential in Paragould, AR.
      1011 Linwood Drive, Paragould, AR 72450-4861
      View Details
    • $375,000
      4,236 SF

      Four Single-Family Homes Investment

      Four homes in Paragould, AR with strong rental potential.
      104,108,109,110 S 13th Ave, Paragould, AR 72450
      View Details
    • $289,900
      2,670 SF

      Newer Duplex in Paragould, AR

      New construction duplex with strong rental appeal in Paragould.
      505 Bertig St, Paragould, AR 72450
      View Details
    • $550,000
      5,200 SF

      Turnkey Dog Boarding Business

      Income-producing commercial property with expansion potential on 1 acre.
      380 Greene 921, Paragould, AR 72450
      View Details
    • $1,495,000
      5,056 SF

      Iconic Restaurant and Gas Station

      Established business with highway frontage near state parks.
      12754 Highway 412 W, Paragould, AR
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available on Highway 412 and Highway 49.
    Where is this retail space located?
    The property is located at 303 S 4th Avenue Paragould, AR.
    What are key features of this property?
    This property features: Convenient location near Hwy 412 and Hwy 49; Located on the 3rd road to the left after the overpass on Hwy 412; Situated in Greene County
    (870) 335-6250
    We can help!
    Listing Contact
    Judith T Wheelis
    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
    303 S 4th Avenue, Paragould, AR 72450
    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!