917 Kingshighway, Paragould, AR 72450-4637
This exceptional mixed-use property, located at 917 Kingshighway in Paragould, Arkansas, presents a unique investment opportunity. Boasting a substantial 5,964 square feet of space, this property sits on a generous 0.89-acre lot, offering ample room for expansion or outdoor utilization. The building's mixed-use zoning allows for a variety of commercial and potentially residential applications, making it ideal for entrepreneurs seeking a versatile space or investors looking for strong rental income potential. Its prime location on Kingshighway ensures high visibility and accessibility, attracting significant foot traffic and potential customers. The asking price of $250,000 represents a compelling value for a property of this size and potential in a thriving Arkansas community. The property's existing structure provides a solid foundation for immediate occupancy or renovation to suit specific business needs. Its substantial lot size also offers possibilities for future development or expansion, further enhancing its long-term investment value. This is a rare opportunity to acquire a significant commercial property in a desirable location with considerable upside potential. Serious inquiries are encouraged to explore the possibilities this property offers.
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Arkansas Academy of Hair Design Vocational School Training Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.