5838 Highway 49 Paragould, AR 72450
- Retail properties
- 1,664 SF
- 19.35 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5838 Highway 49
- Lot size
- 19.35 lot acres
- Property size
- 1,664 SF
- Property type
- Retail properties
Description
This exceptional 1,664 square foot retail property, situated on a expansive 19.35-acre lot at the corner of Highway 49 South and Greene 765 Road in Paragould, Arkansas, presents a remarkable investment opportunity. Its strategic location offers unparalleled visibility and accessibility, boasting significant highway frontage. The property is ideally positioned across from the planned site of a new Central Baptist Church at the Highway 69 intersection, ensuring high traffic counts and prominent exposure to a large potential customer base. This prime location within a thriving commercial area makes it suitable for a diverse range of development projects. Whether the vision is a commercial center, a residential community, or a mixed-use development, this property provides the space and strategic positioning to realize ambitious plans. The ample acreage allows for flexibility in design and layout, catering to various development scales and densities. The existing infrastructure and proximity to key roadways further enhance its appeal, minimizing development challenges and maximizing potential returns. This is a rare opportunity to acquire a substantial parcel of land in a rapidly growing area, offering significant long-term growth potential. The asking price is $3,750,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Paragould
- County
- Greene
- State
- Arkansas
- Longitude
- -90.5407
- Latitude
- 35.98881
