Technical
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Property profile

1705 Kingshighway Paragould, AR 72450

OFF-MARKET
Commercial real estate
12 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional 12-acre parcel of land presents a unique investment opportunity in Paragould, Arkansas. Located at 1705 KINGSHIGHWAY, this expansive property offers significant potential for a variety of uses. The substantial acreage provides ample space for diverse development projects, from commercial ventures to residential subdivisions, subject to local zoning regulations. The property's size and location make it an attractive proposition for investors seeking a large-scale project in a growing area. Given its substantial size, the land offers considerable flexibility in terms of design and development plans. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations, utility access, and environmental considerations. The asking price of $4200 reflects the significant potential inherent in this substantial land holding. This is a rare opportunity to acquire a large tract of land in a desirable location, offering a strong foundation for future growth and development. Serious inquiries are welcome. The property is being sold "as is." Further information regarding the property's specifics can be obtained upon request. This is a blank canvas for your next project.

Property profile

Verified
Property type Commercial real estate
Year built 1960
Lot 12 ac (522,720 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership

Location

1705 Kingshighway Paragould, AR 72450
Paragould metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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