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    49 And Porter Dr Paragould, AR 72450

    For Sale
    $1,200,000

    Prime Paragould commercial land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5.66-acre commercial land parcel presents a remarkable investment opportunity in Paragould, Arkansas. Located at the intersection of Highway 49 South and Porter Drive, this property boasts an impressive 433.77 feet of highway frontage, ensuring unparalleled visibility and accessibility for any commercial venture. The property is zoned C-3, allowing for a wide range of commercial uses. Its strategic location is a significant advantage, situated less than a quarter-mile from a Walmart Neighborhood Market, benefiting from the high traffic and established customer base of this popular retail destination. The area is experiencing rapid growth, making this a particularly attractive investment for businesses seeking to capitalize on a thriving market. Utilities are readily available, simplifying the development process and reducing upfront costs. The property's APN is 1001-11340-015. This is a rare opportunity to acquire a highly visible, well-located commercial land parcel in a rapidly growing area. The asking price for this exceptional property is $1,200,000. Don't miss this chance to secure a prime location for your next commercial project.

    Property Features for 49 And Porter Dr

    General Information

    Property type
    Land
    Lot Size
    246,550 SF

    HighLights

    • Less than 1/4 mile to Walmart Neighborhood Market
    • High‑growth area with strong potential
    • 433.77 feet of highway frontage
    • All utilities available on‑site
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.523276591899
    Latitude
    36.027217767842

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    FAQs

    What type of property is this?
    Land - Prime Paragould commercial land, high visibility.
    Where is this land located?
    The property is located at 49 And Porter Dr Paragould, AR.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Less than 1/4 mile to Walmart Neighborhood Market; High-growth area with strong potential; 433.77 feet of highway frontage
    (870) 236-1115
    Request Owner's contact information
    49 And Porter Dr 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
    49 And Porter Dr Paragould, AR 72450
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