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Property profile & analytics
OFF-MARKET
Mixed-use properties

1723 Kingshighway Paragould, AR 72450

8,480 SF 11.69 ac lot
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1723 W Kingshighway in Paragould, Arkansas, presents a significant commercial opportunity. The building boasts a substantial 8,480 square feet of space, previously occupied as a mattress and furniture store, making it ideal for a variety of retail or commercial ventures. The expansive 11.69-acre lot offers ample room for expansion, additional parking, or outdoor display areas, providing significant flexibility for future development. The property is available for lease, with a preference for a five-year lease term, although all proposals will be considered. This is a triple net lease arrangement, meaning the tenant is responsible for property taxes, insurance, and maintenance. The building's previous use as a retail establishment suggests strong potential for continued success in a similar capacity, but the versatile layout and generous space make it suitable for a wide range of commercial applications. The property's prominent location on W Kingshighway ensures high visibility and accessibility, attracting significant foot traffic and providing excellent exposure for any business. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The property is offered as-is.

Property profile
Verified
Property type Mixed-use properties
Total area 8,480 SF
Lot 11.69 ac (509,216 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
Current use
Occupant on record · Public records
  • Factory Connection Jeans Shop Dress Store
  • Shoe Sensation Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Paragould ATA Martial Arts Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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