Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Pruetts Chapel Rd Paragould, AR 72450
    Back to Search
    Property profile & analytics

    Pruetts Chapel Rd Paragould, AR 72450

    View on Map
    • Land
    • 5.33 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Pruetts Chapel Rd

    Lot size
    5.33 lot acres
    Property type
    Land

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.5172
    Latitude
    36.0376

    Comparable in this City

    • Value Estimation by Request
      5.92 Acres

      1205 Linwood Dr Hwy

      Land • 5.92 Acres
      1205 Linwood Dr Hwy, Paragould, AR 72450
      View Details
    • Value Estimation by Request
      1.05 Acres

      315 10Th St

      Land • 1.05 Acres
      315 10Th St, Paragould, AR 72450
      View Details
    • Value Estimation by Request
      1.92 Acres

      3010 Linwood Dr

      Land • 1.92 Acres
      3010 Linwood Dr, Paragould, AR 72450
      View Details
    • Value Estimation by Request
      3.99 Acres

      412 U.s

      Land • 3.99 Acres
      412 U.s, Paragould, AR 72450
      View Details
    • Value Estimation by Request
      5.66 Acres

      49 And Porter Dr

      Land • 5.66 Acres
      49 And Porter Dr, Paragould, AR 72450
      View Details
    • Value Estimation by Request
      5.51 Acres

      Greene Road 721

      Land • 5.51 Acres
      0 Greene Road 721, Paragould, AR 72450
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      US-412 Spur, Paragould, AR 72450

      Land
      US-412 Spur, Paragould, AR 72450
      View Details
    • $91,900

      Land Available on Highway 358

      Land on Highway 358, Paragould, AR.
      000 Finch Rd, Paragould, AR 72450
      View Details
    • Contact for pricing

      Corner Lot in Northeast Arkansas

      Corner lot near Missouri and Mississippi border, manufactured homes allowed.
      410 N 14Th Ave, Paragould, AR 72450
      View Details
    • $36,960
      3.52 Acres

      Land For Sale, Paragould

      3.52 acre land parcel in Paragould, Arkansas.
      15Th Ave, Paragould, AR 72450
      View Details
    • $163,799
      10.92 Acres

      Paragould Acreage on Paved Road

      10.92 acres of land with paved road frontage.
      1 Greeene 628 Rd, Paragould, AR 72450
      View Details
    • $69,900
      5.38 Acres

      5.38 Acre Land Parcel

      5.38 acres outside Paragould, AR with highway frontage.
      5.38 Ac Hwy 135 N, Paragould, AR 72450
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Land on Highway

      15.6-acre commercial land with highway frontage and development potential.
      6208 Highway 49 S, Paragould, AR 72450
      View Details
    • $12,700 /Mo
      19,026 SF

      Retail Space in Paragould Plaza

      Retail space available in a busy Paragould shopping center.
      1723 W Kingshighway, Paragould, AR 72450
      View Details
    • Contact for pricing

      Flexible Live-Work Space Available

      Versatile property suitable for office and residential use.
      1011 Linwood Dr, Paragould, AR 72450
      View Details
    • $10 SF/Yr
      2,924 SF

      Paragould Office Space Available

      Multi-tenant property with flexible spaces for lease in Paragould.
      1105 W Court St, Paragould, AR 72450
      View Details
    • $20 SF/Yr
      3,000 SF

      Paragould Medical/Office Space Available

      Two suites available for lease in Paragould, Arkansas.
      1105 W Ct #B St, Paragould, AR 72450
      View Details
    • $1,500 /Mo
      900 SF

      Prime Office Space in Paragould

      High-visibility office space in Paragould's bustling commercial district.
      2711 W Kingshighway, Paragould, AR 72450
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Pruetts Chapel Rd
    Paragould, AR 72450
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Pruetts Chapel Rd, Paragould, AR, 72450
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!