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4610 W Kingshighway - Commercial Lot Adjacent to Busy McDonald's 1.32 Acres of Commercial Land Offered at $500,000 in Paragould, AR 72450

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INVESTMENT HIGHLIGHTS

  • Best Commercial Real Estate in Expanding Residential Area
  • Between Crowley’s Ridge College and the Wal-Mart Super Center
  • Exposure to 29,800 CPD
  • Located At Major Signalized Intersection
  • Surrounded by Several New Development Projects
  • Can Accommodate Up to 8,500 SF

EXECUTIVE SUMMARY

This 1.32 acre lot is the best piece of commercial real estate available in Paragould's most rapidly expanding residential area. Situated at the signalized intersection of US Highway 412 and South Rockingchair Road, the property has exposure to 29,800 cars per day.
This potential development site is the midway point between Crowley’s Ridge College, a small but nationally recognized institution, and the market’s $100+MM producing Wal-Mart Super Center. It shares the intersection with 3 brand new development projects including the 2,200 square foot NEA Baptist Clinic expansion, the adjacent freestanding McDonald's, and a newly opened Kum-N-Go.
The property is also in close proximity to Greene County Tech Primary, Greene County Tech's K-8 campuses, Crowley’s Ridge Academy, the Rocking Chair Village shopping center, Phillips Funeral Home and Dollar General.
With frontage on two major thoroughfares, multiple points of access and utilities already in place, the location is primed for development and can accommodate a building with up to 8,500 square feet.

PROPERTY FACTS

Price $500,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Bank
  • Fast Food
  • Medical
  • Restaurant
Total Lot Size 1.32 AC
Zoning Commercial

1 LOT AVAILABLE

Lot

Price $500,000
Price Per AC $378,787.88
Lot Size 1.32 AC

This 1.32 acre lot is the best piece of commercial real estate available in Paragould's most rapidly expanding residential area. Situated at the signalized intersection of US Highway 412 and South Rockingchair Road, it has exposure to 29,800 CPD.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1002-34320-015
Land Assessment
$67,430
Improvements Assessment
$790
Total Assessment
$68,220
  • Listing ID: 21967647

  • Date on Market: 1/13/2021

  • Last Updated:

  • Address: 4610 W Kingshighway, Paragould, AR 72450

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