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Property profile & analytics
OFF-MARKET
Land

49 And Porter Dr Paragould, AR 72450

5.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.66-acre commercial land parcel presents a remarkable investment opportunity in Paragould, Arkansas. Located at the intersection of Highway 49 South and Porter Drive, this property boasts an impressive 433.77 feet of highway frontage, ensuring unparalleled visibility and accessibility for any commercial venture. The property is zoned C-3, allowing for a wide range of commercial uses. Its strategic location is a significant advantage, situated less than a quarter-mile from a Walmart Neighborhood Market, benefiting from the high traffic and established customer base of this popular retail destination. The area is experiencing rapid growth, making this a particularly attractive investment for businesses seeking to capitalize on a thriving market. Utilities are readily available, simplifying the development process and reducing upfront costs. The property's APN is 1001-11340-015. This is a rare opportunity to acquire a highly visible, well-located commercial land parcel in a rapidly growing area. The asking price for this exceptional property is $1,200,000. Don't miss this chance to secure a prime location for your next commercial project.

Property profile
Verified
Property type Land
Lot 5.66 ac (246,550 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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