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1904 Linwood Drive - Commercial Tract @ Major Signalized Intersect 6.34 Acres of Commercial Land Offered at $1,400,000 in Paragould, AR 72450

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INVESTMENT HIGHLIGHTS

  • LOT 2 = 6.34 AC Tract at High Traffic Signalized Intersection of Hwy 49 & Pruetts Chapel Road
  • Across from Unico Bank, Cadence Bank and Exxon
  • Real Estate has Never Been on the Market
  • Vast Majority of All Development Money in Paragould Spent in this Area
  • Just North of New High Volume Wal-Mart Neighborhood Market
  • Exposure to 26,900 Cars Per Day

PROPERTY FACTS

Price $1,400,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
Total Lot Size 6.34 AC

1 LOT AVAILABLE

Lot 2

Price $1,400,000
Price Per AC $220,820.19
Lot Size 6.34 AC

LOT 2 = 6.34 AC Corner of Linwood Drive and Pruetts Chapel Road

DESCRIPTION

Unveil a once in a lifetime opportunity with this exceptional 6.34-acre commercial tract strategically situated at the high-traffic, signalized intersection of Hwy 49 and Pruetts Chapel Road. Having been cherished and owned by a single family since 1978, this real estate gem is NOW AVAILABLE for the first time in over 40 years! This opportunity sits at the heart of Paragould’s expansion, with the vast majority of all the city's development and investment dollars pouring into the immediate area. The property is bordered by a new Unico Bank, a new Cadence Bank and a well established Exxon. Just to the south, a new high-volume Wal-Mart Neighborhood Market attracts an influx of potential customers. Positioned at the intersection of two major thoroughfares, this property offers unbeatable exposure to over 26,900 vehicles per day. With approximately 471 feet of frontage on Hwy 49 and 344 feet of frontage on Pruetts Chapel Road, this location is ideal for businesses that rely on visibility and accessibility. This unique property presents a rare opportunity to be at the forefront of Paragould's growth and prosperity. Whether you're an investor looking for a high-potential development site or an entrepreneur aiming to make your mark in a thriving community, this property offers an unmatched blend of opportunity and location.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1001-02440-003
  • 1001-11110-019
  • 1001-11110-004
Land Assessment
$92,300
Improvements Assessment
$0
Total Assessment
$92,300
  • Listing ID: 29530210

  • Date on Market: 9/15/2023

  • Last Updated:

  • Address: 1904 Linwood Drive, Paragould, AR 72450

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