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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.

Marketing Package

PROPERTY FACTS

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

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	Lot Size	1.32 AC
Price Per AC	$378,787.88

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

PROPERTY TAXES

Parcel Numbers	Multiple 1002-34320-020 1002-34320-015	Improvements Assessment	$118,590 (2024)
Land Assessment	$123,360 (2024)	Total Assessment	$241,950 (2024)