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2206 Linwood Dr

1.2 Acres of Commercial Land Offered at $744,172 CAD in Paragould, AR 72450

Investment Highlights

  • 225+/- ft. of Highway Frontage
  • High traffic area | 21,000 CPD
  • High Visibility Location
  • Just 5 Minutes to Paragould's Business District

Executive Summary

This property is well positioned along Linwood Drive that becomes Hwy 49. With a growing commercial population, now is the time to take action and purchase this prime location.
Investors can explore the property's potential for value appreciation. The property can also be an attractive option for those interested in generating rental income. Many opportunities exist to develop the property further and increase its overall value.
The local real estate market has shown steady growth over the past few years, with increasing demand for well-located and well-maintained properties. The property's proximity to schools, parks, and transportation hubs makes it particularly appealing to a broad range of potential buyers and renters.
Whether used as an owner/user, an investment property, or a rental income generator, this property offers multiple avenues for potential returns.

Property Facts

Price $744,172 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Bank
  • Bar
  • Bowling Alley
  • Drugstore
  • Fast Food
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 1.20 AC

1 Lot Available

Lot

Price $744,172 CAD
Price Per AC $620,143 CAD
Lot Size 1.20 AC

Located directly on the major thoroughfare, Linwood Dr, just down from the Main Business District of Paragould.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1001-11130-003
Land Assessment
$31,184 CAD
Improvements Assessment
$0 CAD
Total Assessment
$31,184 CAD

zoning

Zoning Code C-3 (Encourages grouping, in defined areas along highways, of certain retail activities, and services intended primarily to serve the motoring public.)
C-3 (Encourages grouping, in defined areas along highways, of certain retail activities, and services intended primarily to serve the motoring public.)
  • Listing ID: 28057935

  • Date on Market: 2023-03-24

  • Last Updated:

  • Address: 2206 Linwood Dr, Paragould, AR 72450

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