Property profile

1210 Linwood Dr Paragould, AR 72450

OFF-MARKET
Outlet malls
Property ID
US05-2190177
20,200 SF 1.34 ac lot Built 2016
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 20,050-square-foot retail space presents a unique investment opportunity in the rapidly growing Brookland, Arkansas market. Located on Highway 49, this single-tenant building boasts excellent frontage and visibility, attracting significant traffic from northeast Arkansas and southeast Missouri (21,000 cars per day). Built in 2016, the property sits on a 1.34-acre lot and features a spacious, open floor plan ideal for a variety of retail uses. The building includes convenient amenities such as ample on-site parking (43 spaces), ADA-compliant restrooms, high ceilings, polished concrete floors, an overhead door, and a loading dock, making it highly functional and adaptable. The zoning is C-3, allowing for a wide range of commercial uses. The property's previous tenant was a large national retailer, indicating its suitability for similar businesses. Its strategic location on Highway 49, a major thoroughfare connecting Jonesboro, Brookland, and Paragould, ensures high traffic volume and excellent exposure to potential customers. The property's single-story design and substantial square footage offer significant flexibility for a variety of retail concepts. The APN is 1257-00001-000, and the cross street is Chateau Blvd. This is a turnkey opportunity for a business seeking a prominent location with substantial space and excellent visibility in a thriving market.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2016
Total area 20,200 SF
Lot 1.34 ac (58,370 SF)
APN 1257-00001-000
UPID US05-2190177

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1210 Linwood Dr Paragould, AR 72450-4856
Paragould metro Census 480802 PARAGOULD, AR MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$355k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $2.1M +44.5%
Commercial (general) $1.9M +30.8%
Restaurant $1.8M +21.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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