1011 Linwood DrParagould, AR 72450

Property Details for 1011 Linwood Dr

Lot size

0.77 AC

Property size (Sq ft)

3,720 SF

Property type

Office properties

Property subtype

Office buildings

APN

1001-01230-005

APU

100101230005

Description

This exceptional Paragould, Arkansas property offers 3,720 square feet of versatile creative office space, ideally suited for a single tenant. The two-story building sits on a generous 0.77-acre lot, providing ample parking for employees and clients. A unique feature is the inclusion of living quarters within the building, offering flexibility for owner-occupancy or extended work hours. The property's APN is 1001-1230-005. Located at 1011 Linwood Dr, Paragould, AR 72450, this property boasts a highly desirable location. While a portion of the 0.77-acre lot is currently leased to an adjacent building, the remaining space offers significant parking and potential for expansion or outdoor amenities. The entire 3,720 square feet is currently vacant, presenting a blank canvas for a discerning buyer to customize to their specific needs. This flexible property is well-suited for a variety of uses, making it an attractive investment opportunity in a thriving Arkansas community. The property's single-tenant occupancy ensures ease of management and streamlined operations. This is a rare opportunity to acquire a unique and versatile commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $850,313

  6.5%

  $784,904

  7%

  $728,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $290,011

  Geo Method

  $290,011

• Alternative Use

  Use

  Valuation

  Residential

  $973,281

  Hospitality

  $891,520

  Educational

  $741,734

  Medical

  $767,244

  Retail

  $1,153,809

Location Insight

City

Paragould

County

Greene

State

Arkansas

Latitude

36.0464

Longitude

-90.5077

CBSA code

37500

CBSA name

PARAGOULD, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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