Located at the corner of Hwy 49 and Greene 765 Rd in Paragould, AR, this 19-acre property offers unparalleled potential for commercial or residential development. Positioned across from Central Baptist Church at the Hwy 69 intersection, this site benefits from high traffic visibility and easy accessibility. Whether you're looking to develop a commercial center, residential neighborhood, or a mixed-use project, this prime location is situated amid a thriving commercial area, making it a highly desirable investment opportunity. With ample highway frontage and proximity to key roads, this property offers everything needed to turn your vision into reality.
Lot/land
$3,750,000
5838 Highway 49 S, Paragould, AR 72450
0beds
0baths
19.35Acres
Unimproved Land
Built in ----
19.35 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 25 days
- 46
- 2
Zillow last checked:
Listing updated:
Listed by:
Kim Shelton 870-219-3322,
Halsey Real Estate 870-972-9191
Source: Northeast Arkansas BOR,MLS#: 10132052
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Interior area
- Total structure area: 0
Property
Lot
- Size: 19.35 Acres
- Features: Level, Wooded
Details
- Parcel number: 001127240001
Utilities & green energy
- Electric: Craighead Electric
- Sewer: Septic Tank
- Water: Rural
Community & HOA
Community
- Subdivision: Metes and Bounds
Location
- Region: Paragould
Financial & listing details
- Tax assessed value: $94,850
- Annual tax amount: $646
- Date on market: 9/1/2026
- Listing terms: Cash,Conventional,In House
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $3,750,000 |
Source: Northeast Arkansas BOR #10132052 Report a problem | ||
| 9/1/2026 | Listing removed | $3,750,000 |
Source: Northeast Arkansas BOR #10116425 Report a problem | ||
| 8/14/2024 | Listed for sale | $3,750,000 |
Source: Northeast Arkansas BOR #10116425 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $127 -37.3% | $15,000 +3.9% |
| 2024 | $203 -12.5% | $14,440 +8.8% |
| 2023 | $232 -10% | $13,270 |
| 2022 | $258 +9.7% | $13,270 +4.2% |
| 2021 | $236 +20.1% | $12,740 +4.9% |
| 2020 | $196 | $12,140 |
| 2019 | $196 -11.3% | $12,140 |
| 2018 | $221 +8.4% | $12,140 |
| 2017 | $204 +12.5% | $12,140 |
| 2016 | $181 | $12,140 +11.4% |
| 2015 | $181 -41.3% | $10,900 +49.7% |
| 2014 | $309 -28.6% | $7,280 -28.6% |
| 2013 | $432 | $10,190 |
| 2012 | -- | $10,190 -5.6% |
| 2011 | $1 | $10,790 -1.6% |
| 2010 | -- | $10,960 +36.1% |
| 2009 | -- | $8,050 -9.2% |
| 2008 | -- | $8,870 -55.6% |
| 2005 | -- | $20,000 |
| 2004 | -- | $20,000 -1.2% |
| 2003 | -- | $20,250 |
| 2002 | -- | $20,250 |
| 2001 | -- | $20,250 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 72450
Nearby schools
Schools provided by the listing agent
- Elementary: Greene Cty Tech
- Middle: Greene Cty Tech
- High: Greene Cty Tech
Source: Northeast Arkansas BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





