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    2420 Linwood Dr Paragould, AR 72450

    Sponsored
    For Sale
    $3,099,011

    High-NOI, Stabilized Office Investment

    Property size:
    12,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,720 square foot office building in Paragould, Arkansas, is currently 100% occupied by two tenants: the Department of Veterans Affairs and Life Strategies Counseling, Inc. The property boasts a strong financial performance, with a Net Operating Income (NOI) of $216,931 and a 7.00% cap rate. Built in 2010, this single-story building sits on a 1.46-acre lot and features ample parking. The tenants are secured by a corporate guarantee and credit rating, providing financial stability. The current lease is a gross lease with a remaining term of five years. The asking price is $3,099,011, translating to $243.63 per square foot. The property's prime location, adjacent to a Walmart Neighborhood Market and at a signalized intersection, ensures high visibility and accessibility. This presents a compelling investment opportunity for buyers seeking a stabilized, high-performing asset in a desirable location. The property's strong tenant base, coupled with its strategic location and financial performance, makes it an attractive addition to any investment portfolio. The address is 2420 Linwood Dr, Paragould, AR 72450.

    Property Features for 2420 Linwood Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    12,720 SF
    Lot Size
    63,598 SF

    Building Details

    Year Built
    2010
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • High‑traffic corner location with excellent ingress/egress at a signalized intersection.
    • Prime location adjacent to Walmart Neighborhood Market in a high‑traffic area.
    • Strong tenant base including Paragould Veteran Affairs Clinic and Life Strategies.
    Property Profile Location Intelligence

    Current Use by Public Records

    Amanda Blue Social Worker Laura Coin Social Worker William Dement Internist Kevin Curtis Social Worker Allison Poe Social Worker

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Auto Repair Shop Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.521125539461
    Latitude
    36.0311170874

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    FAQs

    What type of property is this?
    Office Property / Space - High-NOI, Stabilized Office Investment
    Where is this office property / space located?
    The property is located at 2420 Linwood Dr Paragould, AR.
    What is the asking price?
    The asking price for this property is $3,099,011.
    What are key features of this property?
    This property features: High-traffic corner location with excellent ingress/egress at a signalized intersection.; Prime location adjacent to Walmart Neighborhood Market in a high-traffic area.; Strong tenant base including Paragould Veteran Affairs Clinic and Life Strategies.
    Request Owner's contact information
    2420 Linwood 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
    2420 Linwood Dr Paragould, AR 72450
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