2206 Linwood DrParagould, AR 72450

  • Land
  • 1.20 AC
For Sale
$525,000 View listing

Property Details for 2206 Linwood Dr

Lot size
1.20 AC
Property type
Land
Property subtype
Commercial land
APN
1289-00001-000
APU
128900001000

Description

This exceptional 52,083 square foot mixed-use property, situated on a 1.2-acre lot at 2206 Linwood Drive in Paragould, Arkansas, presents a compelling investment opportunity. Strategically located along Linwood Drive, which transitions into Highway 49, this property benefits from high visibility and accessibility within a thriving commercial area experiencing significant growth. The substantial square footage offers considerable flexibility for a variety of uses, catering to both owner-occupiers and investors seeking rental income potential. The property's prime location enhances its value appreciation prospects, making it an attractive asset in a consistently improving local real estate market. Recent years have witnessed steady growth in demand for well-maintained properties in this area, further solidifying the investment potential. Its convenient proximity to schools, parks, and transportation hubs broadens its appeal to a diverse range of potential tenants and buyers. The property's current configuration and substantial size allow for multiple development avenues, providing opportunities to increase its overall value and rental income streams. This is a rare chance to acquire a significant commercial property in a dynamic and expanding market. The asking price is $525,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,676,172
    Hospitality
    $12,527,300
    Educational
    $10,422,566
    Medical
    $10,781,015
    Retail
    $16,212,881
2206 Linwood Dr, Paragould, Arkansas

Location Insight

City
Paragould
County
Greene
State
Arkansas
Latitude
36.034
Longitude
-90.519
CBSA code
37500
CBSA name
PARAGOULD, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,878
$62,720
-
$62,720
-
$313,600
-
$313,600

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].