5838 Us 49, Paragould, AR 72450
This exceptional 19-acre property, located at the highly visible corner of Highway 49 and Greene County Road 765 in Paragould, Arkansas, presents a remarkable opportunity for developers. Situated in Greene County, with a zip code of 72450 (latitude 35.989111, longitude -90.541567), this expansive tract boasts significant highway frontage, ensuring unparalleled visibility and accessibility. The land is zoned for both commercial and residential development, offering flexibility for a wide range of projects, from a bustling commercial center to a tranquil residential community, or a dynamic mixed-use development. Its strategic location directly across from the planned site of Central Baptist Church at the Highway 69 intersection guarantees high traffic counts and strong community presence. This prime location is nestled within a thriving commercial area, making it an exceptionally desirable investment. The property's ample space and convenient access to major roadways provide the ideal foundation for realizing ambitious development plans. The asking price for this exceptional opportunity is $3,750,000. This 19-acre parcel offers a unique chance to capitalize on the growth and potential of Paragould, Arkansas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.