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    Property profile & analytics

    412 Kingshighway Paragould, AR 72450-4231

    • Drive through restaurants
    • 1,362 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US05-1895756
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sonic Drive-In / Fast Food Restaurant
    • Hunan's / Asian Restaurant

    Property Details for 412 Kingshighway

    Year built
    1996
    Lot size
    0.43 lot acres
    Property size
    1,362 SF
    Property type
    Drive through restaurants
    APN
    1716-00064-000
    APU
    171600064000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $190,000
      6.5%
      $185,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $165,000
      Mixed-Use
      $175,000
      Hospitality
      $225,000
      Educational
      $195,000
      Residential Income
      $225,000
      Energy
      $175,000
      Income-Based Land
      $190,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Paragould
    County
    Greene
    State
    Arkansas
    Longitude
    -90.4907
    Latitude
    36.0522
    CBSA code
    37500
    CBSA name
    PARAGOULD, AR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,469
    $16,860
    $36,790
    $53,650
    -
    $84,300
    $183,950
    $268,250

    Comparable in this City

    • Value Estimation by Request
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      DRIVE-THRU RESTAURANT, FAST FOOD • 555 SF
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    • Value Estimation
      $220,000
      1,597 SF

      4407 Linwood Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,597 SF
      4407 Linwood Dr, Paragould, AR 72450-5387
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    • Value Estimation
      $360,000
      2,827 SF

      508 4th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,827 SF
      508 4th St, Paragould, AR 72450-5101
      View Details
    • Value Estimation
      $615,000
      6,435 SF

      1407 Kingshwy Linwood Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,435 SF
      1407 Kingshwy Linwood Dr, Paragould, AR 72450
      View Details
    • Value Estimation
      $880,000
      2,207 SF

      1606 Kingshighway

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,207 SF
      1606 Kingshighway, Paragould, AR 72450-4011
      View Details
    • Value Estimation
      $690,000
      3,303 SF

      2907 Kingshighway

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,303 SF
      2907 Kingshighway, Paragould, AR 72450-2607
      View Details

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    Similar Nearby for Lease

    • $7,000 /Mo
      8,400 SF

      Retail Space in Paragould Plaza

      Retail space available in a busy Paragould shopping center.
      1723 W Kingshighway, Paragould, AR 72450
      View Details
    • $1,625 /Mo
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      Retail/Office Space Near Walmart

      Versatile commercial space with high visibility near Walmart.
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      View Details
    • $12,700 /Mo
      19,026 SF

      Retail Space in Paragould Plaza

      Retail space available in a busy Paragould shopping center.
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      View Details
    • $15 SF/Yr
      2,400 SF

      Retail Space Beside Goodwill Store

      Retail space available next to Goodwill, approximately 2,400 square feet.
      2708-2900 W Kingshighway, Paragould, AR 72450
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    • $15 SF/Yr
      2,000 SF

      Prime Retail/Office Space Available

      2000 sq ft space in Paragould's thriving SouthPointe Park.
      11 Southpointe Dr, Paragould, AR 72450
      View Details
    • $15 SF/Yr
      43,300 SF

      West Pointe Center Retail Space

      Paragould, AR retail space available. High traffic location.
      2900 Kingshighway, Paragould, AR 72450
      View Details

    Property Visit Statistics

    • Visits by month
      37.2k
    • Visitors by month
      16.0k
    • Avg Time on site
      13 min
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    412 Kingshighway
    Paragould, AR 72450-4231
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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