1210 Linwood DrParagould, AR 72450

Property Details for 1210 Linwood Dr

Year built

2016

Lot size

1.34 AC

Property size (Sq ft)

20,200 SF

Property type

Outlet malls

APN

1257-00001-000

APU

125700001000

Description

This exceptional 20,050-square-foot retail space presents a unique investment opportunity in the rapidly growing Brookland, Arkansas market. Located on Highway 49, this single-tenant building boasts excellent frontage and visibility, attracting significant traffic from northeast Arkansas and southeast Missouri (21,000 cars per day). Built in 2016, the property sits on a 1.34-acre lot and features a spacious, open floor plan ideal for a variety of retail uses. The building includes convenient amenities such as ample on-site parking (43 spaces), ADA-compliant restrooms, high ceilings, polished concrete floors, an overhead door, and a loading dock, making it highly functional and adaptable. The zoning is C-3, allowing for a wide range of commercial uses. The property's previous tenant was a large national retailer, indicating its suitability for similar businesses. Its strategic location on Highway 49, a major thoroughfare connecting Jonesboro, Brookland, and Paragould, ensures high traffic volume and excellent exposure to potential customers. The property's single-story design and substantial square footage offer significant flexibility for a variety of retail concepts. The APN is 1257-00001-000, and the cross street is Chateau Blvd. This is a turnkey opportunity for a business seeking a prominent location with substantial space and excellent visibility in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $6,787,418

  6.5%

  $6,265,308

  7%

  $5,817,786

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,968,476

  Geo Method

  $3,968,476

• Alternative Use

  Use

  Valuation

  Residential

  $5,285,022

  Hospitality

  $4,841,052

  Educational

  $4,027,698

  Medical

  $4,166,217

  Retail

  $6,265,308

Location Insight

City

Paragould

County

Greene

State

Arkansas

Latitude

36.0441

Longitude

-90.5099

CBSA code

37500

CBSA name

PARAGOULD, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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