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    FOR SALE
    Office buildings

    1011 Linwood Dr, Paragould, AR 72450

    3,720 SF 0.77 ac lot
    Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-2089336
    Property summary
    AI-generated overview

    This exceptional Paragould, Arkansas property offers 3,720 square feet of versatile creative office space, ideally suited for a single tenant. The two-story building sits on a generous 0.77-acre lot, providing ample parking for employees and clients. A unique feature is the inclusion of living quarters within the building, offering flexibility for owner-occupancy or extended work hours. The property's APN is 1001-1230-005. Located at 1011 Linwood Dr, Paragould, AR 72450, this property boasts a highly desirable location. While a portion of the 0.77-acre lot is currently leased to an adjacent building, the remaining space offers significant parking and potential for expansion or outdoor amenities. The entire 3,720 square feet is currently vacant, presenting a blank canvas for a discerning buyer to customize to their specific needs. This flexible property is well-suited for a variety of uses, making it an attractive investment opportunity in a thriving Arkansas community. The property's single-tenant occupancy ensures ease of management and streamlined operations. This is a rare opportunity to acquire a unique and versatile commercial property in a desirable location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Total area 3,720 SF
    Lot 0.77 ac (33,541 SF)
    APN 1001-01230-005
    UPID US05-2089336
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ServiceMaster Clean General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Richard L Harris · 9 yrs held
    Richard L Harris
    since 2017
    7 recorded transactions
    2025
    2020
    2018
    2017
    2017
    $195,000
    2013
    2005
    $230,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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