1723 Kingshighway Paragould, AR 72450
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.
-
Factory Connection Jeans Shop Dress Store
-
Shoe Sensation Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Paragould ATA Martial Arts Training Center Sports School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.