2206 Linwood DrParagould, AR 72450
- Land
- 1.20 AC
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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