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    US-412 Spur Paragould, AR 72450

    Sponsored
    For Sale
    $2,751,300

    30 Acres, C-3 Zoning, All Utilities

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 30.57-acre commercial development opportunity is ideally situated in Paragould, Arkansas, offering significant potential for a variety of uses. The property boasts a prime location on US Highway 412 Spur, just east of US Highway 49, providing excellent visibility and accessibility. Zoned C-3, this parcel is ready for immediate development, with all utilities readily available. The land's strategic placement offers advantages for businesses seeking high traffic exposure. Adding to its appeal, this property shares a border with a recently completed 13-acre multifamily development, suggesting a thriving and expanding area. The expansive acreage provides ample space for large-scale projects, making it an attractive investment for developers and businesses alike. The asking price for this exceptional commercial land is $2,751,300. Located in Greene County, Arkansas, with a zip code of 72450, this property presents a rare chance to acquire a significant commercial holding in a growing area. The coordinates are 36.0169166181858 latitude and -90.51977299805642 longitude.

    Property Features for US-412 Spur

    General Information

    Property type
    Land
    Lot Size
    1,331,629 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.519772998056
    Latitude
    36.016916618186

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    FAQs

    What type of property is this?
    Land - 30 Acres, C-3 Zoning, All Utilities
    Where is this land located?
    The property is located at US-412 Spur Paragould, AR.
    What is the asking price?
    The asking price for this property is $2,751,300.
    (870) 236-1115
    Request Owner's contact information
    US-412 Spur 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

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    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
    US-412 Spur Paragould, AR 72450
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