631 Court StParagould, AR 72450

Property Details for 631 Court St

Lot size

0.39 AC

Property size (Sq ft)

2,459 SF

Property type

Medical offices

Property subtype

Medical centers

APN

1551-00192-000

APU

155100192000

Description

This exceptional 2,459 square foot medical office building, constructed in 2007, is ideally situated at 631 W Court Street in Paragould, Arkansas, within Greene County (zip code 72450). The property sits on a 0.39-acre lot and is perfectly suited for a variety of medical practices. Currently configured with a reception area, clerical space, break room, lab, dark room, two operatory rooms, and two recovery rooms, the layout is adaptable to various needs. The building's modern design and thoughtful layout create an efficient and welcoming environment. Exterior features include attractive landscaping, enhancing curb appeal and creating a serene atmosphere for patients. The strategic location offers excellent visibility from the main road, ensuring high patient traffic and accessibility. The asking price for this turnkey opportunity is $550,000. Existing equipment is negotiable. This property presents a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving Arkansas community.

• CAP approach

  CAP return

  Valuation

  6%

  $562,075

  6.5%

  $518,839

  7%

  $481,779

• Comparable approach

  Method

  Valuation

  Relative Method

  $191,704

  Geo Method

  $191,704

• Alternative Use

  Use

  Valuation

  Residential

  $643,360

  Hospitality

  $589,314

  Educational

  $490,302

  Medical

  $507,165

  Retail

  $762,693

Location Insight

City

Paragould

County

Greene

State

Arkansas

Latitude

36.0565

Longitude

-90.4942

CBSA code

37500

CBSA name

PARAGOULD, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].