412 Newton St, Paragould, AR 72450
This exceptional special-purpose property, located at 412 Newton St, Paragould, AR 72450, presents a unique investment opportunity. The 4,397 square foot building sits on a 0.56-acre lot and is zoned R-2. The property comprises two parcels, encompassing four lots, offering significant potential for redevelopment or continued use as a religious facility. The existing structure features a large central sanctuary, perfectly suited for worship services or large gatherings. Ample seating and a functional baptistry are already installed. Several versatile multi-purpose rooms are ideal for meetings, classes, or community events. These rooms are easily adaptable, with existing dividers allowing for the creation of three smaller rooms. Tables and chairs are included. A small kitchen area adds further convenience. This property's spacious layout and adaptable rooms provide numerous possibilities beyond its previous use as a church. The location in Greene County, Arkansas, offers easy access to local amenities and transportation. The asking price is $155,000. This is an exceptional opportunity for investors seeking a versatile property with significant potential.
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Newton Street Church of Christ Church
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.
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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.