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    Property profile & analytics
    FOR SALE
    Commercial land

    2206 Linwood Dr, Paragould, AR 72450

    1.2 ac lot
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US05-0862558
    Property summary
    AI-generated overview

    This exceptional 52,083 square foot mixed-use property, situated on a 1.2-acre lot at 2206 Linwood Drive in Paragould, Arkansas, presents a compelling investment opportunity. Strategically located along Linwood Drive, which transitions into Highway 49, this property benefits from high visibility and accessibility within a thriving commercial area experiencing significant growth. The substantial square footage offers considerable flexibility for a variety of uses, catering to both owner-occupiers and investors seeking rental income potential. The property's prime location enhances its value appreciation prospects, making it an attractive asset in a consistently improving local real estate market. Recent years have witnessed steady growth in demand for well-maintained properties in this area, further solidifying the investment potential. Its convenient proximity to schools, parks, and transportation hubs broadens its appeal to a diverse range of potential tenants and buyers. The property's current configuration and substantial size allow for multiple development avenues, providing opportunities to increase its overall value and rental income streams. This is a rare chance to acquire a significant commercial property in a dynamic and expanding market. The asking price is $525,000.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.2 ac (52,272 SF)
    APN 1289-00001-000
    UPID US05-0862558
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Halsey Land Company LLC · 4 yrs held
    Halsey Land Company LLC
    since 2021
    2 recorded transactions
    2024
    2021
    $195,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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