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    OFF-MARKET
    Land

    0 Pruetts Chapel Rd, Paragould, AR 72450

    5.33 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.33-acre commercial land parcel presents a unique investment opportunity in Paragould, Arkansas. Strategically located near the signalized intersection of Highway 49 and Pruetts Chapel Road, this property boasts unparalleled visibility and accessibility, with exposure to over 26,900 vehicles daily. The site offers approximately 583 feet of frontage on Pruetts Chapel Road, ideal for businesses requiring high visibility. This land is situated adjacent to a newly constructed Unico Bank and just north of a high-volume Wal-Mart Neighborhood Market, benefiting from the synergy of established businesses in a rapidly developing area. The majority of Paragould's recent development and investment has concentrated in this immediate vicinity, indicating significant future growth potential. This property has been family-owned for over three decades and is now available for the first time in over 30 years, representing a rare chance to acquire a well-positioned asset in a thriving community. The asking price is $250,000. This location is perfect for developers and entrepreneurs seeking a high-impact site in a dynamic market. The property's size and location make it suitable for a wide range of commercial developments, capitalizing on the high traffic counts and proximity to established businesses. This is a truly exceptional opportunity to be at the forefront of Paragould's continued expansion and prosperity.

    Property profile
    Verified
    Property type Land
    Lot 5.33 ac (232,175 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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