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    5838 Us 49 Paragould, AR 72450

    Sponsored
    For Sale
    $3,750,000

    Prime 19-acre development land in Paragould, AR.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 19-acre property, located at the highly visible corner of Highway 49 and Greene County Road 765 in Paragould, Arkansas, presents a remarkable opportunity for developers. Situated in Greene County, with a zip code of 72450 (latitude 35.989111, longitude -90.541567), this expansive tract boasts significant highway frontage, ensuring unparalleled visibility and accessibility. The land is zoned for both commercial and residential development, offering flexibility for a wide range of projects, from a bustling commercial center to a tranquil residential community, or a dynamic mixed-use development. Its strategic location directly across from the planned site of Central Baptist Church at the Highway 69 intersection guarantees high traffic counts and strong community presence. This prime location is nestled within a thriving commercial area, making it an exceptionally desirable investment. The property's ample space and convenient access to major roadways provide the ideal foundation for realizing ambitious development plans. The asking price for this exceptional opportunity is $3,750,000. This 19-acre parcel offers a unique chance to capitalize on the growth and potential of Paragould, Arkansas.

    Property Features for 5838 Us 49

    General Information

    Property type
    Land

    HighLights

    • 19‑acre commercial/residential development site in Paragould, AR.
    • High‑visibility corner lot at Highway 49 & Greene County Road 765 (72450).
    • Significant highway frontage ensures excellent accessibility and visibility.
    • Zoned for commercial and residential use, allowing for mixed‑use development.
    • Across from planned Central Baptist Church site at Highway 69 intersection, guaranteeing high traffic.
    • Located in a thriving commercial area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.541567
    Latitude
    35.989111

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    FAQs

    What type of property is this?
    Land - Prime 19-acre development land in Paragould, AR.
    Where is this land located?
    The property is located at 5838 Us 49 Paragould, AR.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: 19-acre commercial/residential development site in Paragould, AR.; High-visibility corner lot at Highway 49 & Greene County Road 765 (72450).; Significant highway frontage ensures excellent accessibility and visibility.
    Request Owner's contact information
    5838 Us 49 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
    5838 Us 49 Paragould, AR 72450
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