2809 Kingshighway, Paragould, AR 72450
This exceptional 8.93-acre commercial land parcel presents a significant development opportunity in Paragould, Arkansas. Strategically located on Highway 412 West, this C-3 zoned property boasts unparalleled visibility directly across from a Walmart Supercenter. The site benefits from existing infrastructure, including all utilities and a privately owned, improved 40-foot access drive directly onto US Highway 412. Neighboring businesses include Aldi, Wendy's, and the West Pointe Shopping Center, solidifying its position within a thriving retail corridor. The property's high traffic count, averaging 17,000 cars per day according to 2019 ARDOT data, makes it ideal for a variety of commercial ventures. Previous development in the immediate area includes a Huddle House and a two-tenant restaurant/retail center, demonstrating the suitability and potential of the site. This is a rare opportunity to acquire a highly visible, well-located commercial lot in a rapidly growing area. The asking price is $1,950,000. The property's address is 2809 W Kingshighway, Paragould, AR 72450, situated in Greene County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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