4941 Greene Cty Rd, Paragould, AR 72450
This exceptional 79.32-acre (±) property presents a unique opportunity for residential development in Greene County, Arkansas. Located just off Highway 351, this gently rolling land boasts convenient access with less than a quarter-mile of gravel road. The property is situated minutes from the thriving communities of Paragould, Brookland, and Jonesboro, offering a blend of rural tranquility and urban accessibility. Utilities are available, although a septic system will be required. The seller is open to considering the sale of smaller tracts, with a minimum of 5 acres per parcel. However, any lot split will require the seller's approval. Please note that mobile homes are not permitted on this land. It's important to understand that if the property is not purchased as a whole, the seller will retain a 1-acre parcel including the existing house. This presents a rare chance to acquire a substantial piece of Arkansas land with significant potential for various residential uses. The property's location and size make it an attractive investment for those seeking a peaceful setting while remaining close to amenities and major transportation routes. The zip code is 72450, and the property is located in Paragould, Greene County, Arkansas.
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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Risks
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