Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2809 Kingshighway Paragould, AR 72450

    Sponsored
    For Sale
    $1,950,000

    8.93 Acres, Hwy 412, Walmart Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 8.93-acre commercial land parcel presents a significant development opportunity in Paragould, Arkansas. Strategically located on Highway 412 West, this C-3 zoned property boasts unparalleled visibility directly across from a Walmart Supercenter. The site benefits from existing infrastructure, including all utilities and a privately owned, improved 40-foot access drive directly onto US Highway 412. Neighboring businesses include Aldi, Wendy's, and the West Pointe Shopping Center, solidifying its position within a thriving retail corridor. The property's high traffic count, averaging 17,000 cars per day according to 2019 ARDOT data, makes it ideal for a variety of commercial ventures. Previous development in the immediate area includes a Huddle House and a two-tenant restaurant/retail center, demonstrating the suitability and potential of the site. This is a rare opportunity to acquire a highly visible, well-located commercial lot in a rapidly growing area. The asking price is $1,950,000. The property's address is 2809 W Kingshighway, Paragould, AR 72450, situated in Greene County.

    Property Features for 2809 Kingshighway

    General Information

    Property type
    Land
    Lot Size
    388,991 SF

    HighLights

    • 17,000 CPD (ARDOT 2019)
    • All utilities available
    • C‑3 zoning
    • 40‑foot paved access drive to US Hwy 412
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -90.524241578403
    Latitude
    36.060014380228

    Nearby Similar for Sale

    • $900,000
      26,798 SF

      Versatile Industrial Property in Paragould

      Mix of office, showroom, and warehouse space near US 412.
      1305 Carroll Rd, Paragould, AR 72450
      View Details
    • $385,000
      4,000 SF

      Versatile Commercial Property on Highway

      4,000 sq ft commercial property on 8+ acres.
      5700 Highway 412 E, Paragould, AR 72450
      View Details
    • $525,000
      4,706 SF

      Historic Brick Warehouse in Paragould

      Charming, updated 5,000 SF commercial space in downtown Paragould.
      219 E Court St, Paragould, AR 72450
      View Details
    • Contact for pricing
      4,706 SF

      Historic Brick Warehouse in Paragould

      Unique 4,706 SF commercial space in downtown Paragould, Arkansas.
      219 E Court St, Paragould, AR 72450
      View Details
    • $229,000
      5,581 SF

      Paragould Church Building with Parcels

      Church building with additional parcels located near downtown Paragould.
      109 W Plum St, Paragould, AR 72450
      View Details
    • New
      $229,900
      3,500 SF

      Former Church with Versatile Buildings

      Former church with sanctuary, fellowship hall, and additional youth building.
      401 S 12Th Ave, Paragould, AR 72450
      View Details
    • $229,900
      3,552 SF

      Versatile Commercial Property in Paragould

      Ready-to-go location with incredible potential for various retail uses.
      1006 N 135 Hwy, Paragould, AR 72450
      View Details
    • $189,900
      2,003 SF

      Versatile Commercial Space Near Walmart

      2003 sqft mixed-use property in high-traffic Paragould location.
      306 Reynolds Rd, Paragould, AR 72450
      View Details
    • $179,900
      1,192 SF

      Paragould Investment Opportunity: Building & Land

      Investment property featuring a building on a 0.75-acre lot.
      3103 Wood Haven St, Paragould, AR 72450
      View Details
    • $120,000
      1,541 SF

      Commercial Building on Corner Lot

      1541 sq ft commercial building on corner lot.
      725 W Kingshighway, Paragould, AR 72450
      View Details
    • $219,500
      2,408 SF

      Updated Commercial Space in Paragould

      Versatile commercial space in historic downtown Paragould, move-in ready.
      211 S Pruett St, Paragould, AR 72450
      View Details
    • $255,000
      4,200 SF

      Downtown Paragould Building and Land

      Unique 4200 SF building in revitalized downtown Paragould.
      310 S Pruett St, Paragould, AR 72450
      View Details

    FAQs

    What type of property is this?
    Land - 8.93 Acres, Hwy 412, Walmart Visibility
    Where is this land located?
    The property is located at 2809 Kingshighway Paragould, AR.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 17,000 CPD (ARDOT 2019); All utilities available; C-3 zoning
    (870) 236-1115
    Request Owner's contact information
    2809 Kingshighway Paragould, AR 72450
    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.
    2809 Kingshighway
    Paragould, AR 72450
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2809 Kingshighway Paragould, AR 72450
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.