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    1501 Kingshighway Paragould, AR 72450

    For Sale
    $425,000

    7,000 SF Warehouse/Manufacturing Space

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7,000-square-foot industrial property, situated on a generous 2.52-acre lot in Paragould, Arkansas, presents a compelling investment opportunity. Currently vacant, this versatile space offers significant potential for a variety of uses, including manufacturing, warehousing, or retail. The property's C3 zoning allows for considerable flexibility in its future development. Located at 1501 E Kingshighway, Paragould, AR 72450, this property boasts convenient access to the bypass, ensuring excellent transportation links. The asking price is $425,000, translating to $60.71 per square foot. While the land value per square foot is not currently assessed, the expansive lot size provides ample room for expansion or additional development. A lease option is available at a minimum of $2,500 per month for a one-year term. This property is ideal for businesses seeking a strategically located, spacious, and adaptable industrial space in a thriving Arkansas community. The property's size and zoning make it suitable for a wide range of commercial ventures. Its location offers easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The vacant status allows for immediate occupancy and customization to meet specific operational needs.

    Property Features for 1501 Kingshighway

    General Information

    Property type
    Distribution properties
    Square Feet
    7,000 SF
    Lot Size
    109,771 SF

    HighLights

    • $425,000 asking price for this 7,000 SF industrial property.
    • Vacant 7,000 square foot building, suitable for manufacturing or warehouse use.
    • Located on a 2.52‑acre lot in Paragould, Arkansas.
    • $60.71 per square foot price.
    • Zoned C3; lease available at $2,500/month minimum one‑year lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CVS Photo Passport Photo Processor CVS Drug Store CDReload - Online Bitcoin ... Crypto Atm LibertyX Bitcoin ATM Atm CVS Pharmacy Pharmacy

    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
    -90.467244011465
    Latitude
    36.052596871753

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    FAQs

    What type of property is this?
    Distribution property - 7,000 SF Warehouse/Manufacturing Space
    Where is this distribution property located?
    The property is located at 1501 Kingshighway Paragould, AR.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: $425,000 asking price for this 7,000 SF industrial property.; Vacant 7,000 square foot building, suitable for manufacturing or warehouse use.; Located on a 2.52-acre lot in Paragould, Arkansas.
    Request Owner's contact information
    1501 Kingshighway 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
    1501 Kingshighway Paragould, AR 72450
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