SOLDasap Presents: Paragould Land Bank Auction • Live & Online | Bid on One, Two, or All Three Lots
Build in the Northend
Three lots in a neighborhood on its way back up
The City of Paragould Land Bank Commission is selling three parcels in the Northend Overlay District. They range from a cleared corner lot ready to build on, to two lots with condemned homes that have to be torn down before anything new goes up.
Whether you want a single lot for a home, an infill project, or all three to do something bigger, the Buyer's Ultimate Choice format lets you bid on exactly what fits your plan. You are not forced to take more than you want, or boxed out of more if you want it.
These three lots are part of the City's broader effort, through its Land Bank, to clear blighted properties and bring new homes back to the Northend.
Paragould's Northend District
The Northend is one of Paragould's legacy neighborhoods, known for its Craftsman-style homes, historic street lighting, and sidewalks. It sits a short distance from the 8 Mile Creek Trail, Harmon Park, and downtown Paragould.
For most of the last half century the district saw little new building. That has changed. Through its Land Bank, the City has been acquiring lots, removing abandoned structures, and upgrading streets, drainage, and lighting, with the goal of returning the neighborhood to active use. It is part of a long-term plan to bring new homes back to the Northend.
Buyer's Ultimate Choice
Bid Any Way You Want
Bid on a single lot, any two together, or all three at once. You decide what you are actually after, and you bid on that.
The Software Does the Math
Our system reads every active bid, whether for one lot, a combination, or all three, and finds the configuration that produces the highest total. That winning combination is what sells.
Buyers Set Their Own Terms
A buyer who wants one lot to build on is not priced out by someone who wants all three. A buyer who wants all three has a clear path to win them. Everyone bids on what they actually want.
You do not have to want what the next bidder wants. Bid on the lot that fits your plan, and let the auction sort out the rest.
What's Selling
701 N. Pruett
A cleared corner lot, and the most straightforward of the three. Nothing to tear down, frontage on two streets, and a defined footprint ready for your plan. The smallest of the group, but the cleanest start.
736 N. Pruett
A 0.14-acre lot on N. Pruett. The existing home is condemned and will need to be torn down (within 30 days after closing, see terms and conditions) leaving a cleared lot to rebuild on. Buy it for the land and start fresh.
830 N. 4th Street
The largest of the three at about 0.20 acres, on N. 4th Street. The existing structure is condemned and must come down. What's left is the most room of the group to build on.
Building in the Northend
Every lot the Land Bank sells in the Northend comes with the same covenants. They set the standard for what gets built, so the district stays consistent as it fills back in. Read them before you bid.
You have 365 days to pull a building permit
A building permit must be obtained within 365 days of purchase. If it is not, the city may place a lien on the property and begin the condemnation process.
Lots purchased from the Land Bank cannot be subdivided.
The Home
The Lot
These requirements are in addition to all existing Northend Land Bank Design Standards.
Bidding Closes Thursday, July 9 @ 1PM
This auction runs online and live in person. Online bidding closes Thursday, July 9, 2026 at 1:00 PM Central, the same time the live auction is called at 301 N. Court Street at Paragould City Hall.
All three properties are in the Northend Overlay District and are subject to the covenants above and the Land Bank's full terms of sale. Review all auction terms before bidding.
Auctioneers: John & Tasabah Malone #1315 #1440
301 W Court St. Paragould, 72450
Ends on 07/09/2026
