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Hwy 49 & West Morgan Street
Paragould, AR 72450
Commercial Development Land | Paragould, AR · Land For Sale
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18.00 AC
Investment Highlights
- ±18-acre corner tract at the NE corner of US Hwy 49 & Morgan St. in Paragould, Arkansas
- Flexible site suitable for commercial, retail, industrial, mixed-use, or residential development
- Rare development site with multiple access points & strong future potential
- Excellent visibility & access along a major regional corridor
- Large-acreage opportunity in a growing Northeast Arkansas market
Executive Summary
Paragould serves as the economic center of Greene County and benefits from its location within Northeast Arkansas, providing connectivity to regional markets throughout Arkansas, Missouri, and Tennessee. The property's frontage along U.S. Highway 49 places future development within a well-traveled corridor that supports commercial activity and regional accessibility. The combination of acreage, access, and exposure creates opportunities for a variety of development concepts that can capitalize on the area's continued commercial expansion and population base.
Large development tracts with highway frontage and flexible future-use potential are increasingly limited within established growth corridors. This site's size allows for phased development, single-user occupancy, or a master-planned project that can accommodate multiple uses. Its location along a major roadway, coupled with the ability to support diverse development strategies, positions the property as a compelling opportunity for investors seeking long-term value creation and developers looking to establish a presence in the Paragould market.
Property Facts
1 Lot Available
Lot
| Price | $725,000 | Lot Size | 18.00 AC |
| Price Per AC | $40,277.78 |
| Price | $725,000 |
| Price Per AC | $40,277.78 |
| Lot Size | 18.00 AC |
Description
This ±18-acre tract offers a standout development opportunity in one of Paragould’s most visible & accessible locations. Situated at the northeast corner of US Hwy 49 & Morgan St., the property enjoys excellent exposure along a major regional corridor with strong traffic flow & convenient access for future commercial, retail, mixed-use, or residential development. The site’s size & corner placement provide flexibility for a variety of potential uses, including a standalone commercial project, a multi-tenant retail site, office development, or long-term investment hold. With frontage on a key highway & immediate access to surrounding growth in Paragould, the tract is well positioned for buyers seeking both scale & location. Paragould continues to benefit from steady growth & its role as a regional hub in Northeast Arkansas. US Hwy 49 serves as one of the city’s primary north-south transportation routes, connecting the property to the broader commercial network serving Greene County & beyond. That accessibility, combined with the tract’s size, makes it a rare opportunity for larger users or developers looking for a site with strong visibility & development potential. The property’s corner location further enhances its appeal by offering multiple access points & strong site planning flexibility. Whether the end user is focused on retail, commercial service, industrial use, or future redevelopment, this tract provides a compelling foundation for a wide range of possibilities.
