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    FOR SALE
    Warehouses

    1304 Jones Rd, Paragould, AR 72450

    6,000 SF 1.11 ac lot Built 2014
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US05-2059590
    1304 Jones Rd, Paragould, AR 72450 For Sale
    $100,000 6,000 SF
    1304 Jones Rd, Paragould, AR 72450
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    Property summary
    AI-generated overview

    This exceptional 1.07-acre commercial and industrial land parcel, located at 1304 Jones Road in Paragould, Arkansas, presents a unique investment opportunity. The property, encompassing 6,000 square feet, is priced at $100,000, translating to $16.67 per square foot. Built in 2017, this vacant lot features a single, one-story building and offers significant highway frontage – over 350 feet along Highway 358. Its convenient location within the South Industrial Park provides easy access to essential utilities including Paragould Light, Water, and Cable services. The property's proximity to established businesses like Anchor Packaging and Highway 49 further enhances its appeal. The property is classified as Class B and is offered under a gross lease type. This is a single-unit property, ideal for a variety of commercial or industrial uses. The lot size is 1.07 acres, offering ample space for development or expansion. This is a vacant property ready for immediate development. The zip code is 72450, and the property is situated in Greene County, Arkansas. This prime location and attractive price point make this an exceptional opportunity for investors and businesses seeking a strategic foothold in a thriving industrial area.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 2014
    Total area 6,000 SF
    Lot 1.11 ac (48,352 SF)
    APN 1001-13120-003
    UPID US05-2059590
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Drnaf Holdings LLC · 4 yrs held
    Drnaf Holdings LLC
    since 2022
    Last sale
    $265,000
    1 recorded transaction
    2022
    $265,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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