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    Us-412 Paragould, AR 72450

    For Sale
    $125,000

    Prime 2.58-acre commercial/residential land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.58-acre lot presents a unique investment opportunity in Paragould, Arkansas. Strategically located on Highway 412, this property boasts a highly visible corner location at a signaled intersection, ensuring maximum exposure for any commercial venture. The land is zoned for both commercial and residential use, offering considerable flexibility for development. This versatile parcel is ideal for a variety of uses, from retail establishments and restaurants to residential construction. The asking price is $125,000. This property is part of a larger offering, with two adjacent lots also available for purchase. Lot 6, encompassing 2.45 acres, is priced at $125,000, while Lot 7, a larger 3.99-acre parcel, is listed at $200,000. The combined acreage offers significant potential for large-scale development or expansion. The property's location in Greene County, Arkansas, with a Paragould zip code of 72450, provides easy access to local amenities and transportation routes. This prime location, coupled with its versatile zoning and significant size, makes this an attractive proposition for discerning investors seeking high-impact development opportunities in a thriving Arkansas community. The coordinates for this property are 36.0444461 latitude and -90.4723719 longitude.

    Property Features for 0 Us-412

    General Information

    Property type
    Land
    Lot Size
    112,385 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.4723719
    Latitude
    36.0444461

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    FAQs

    What type of property is this?
    Land - Prime 2.58-acre commercial/residential land.
    Where is this land located?
    The property is located at Us-412 Paragould, AR.
    What is the asking price?
    The asking price for this property is $125,000.
    (870) 236-1115
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    Us-412 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
    Us-412 Paragould, AR 72450
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