$6.25 million office building, warehouse top Craighead County property deals

by Talk Business & Politics staff ([email protected]) 485 views 

Control Tek Inc. made the most significant residential and commercial property transfer in Craighead County, from Dec. 15 to Jan. 15, according to the Craighead County Assessor’s Office. The company spent $6.25 million on the Farr Company office building and warehouse. The deal was completed Jan. 9.

Noell Real Estate Inc. made the second most significant real estate purchase in the region during the period. The company bought a retail store on Highland Drive for $1.9 million and the deal was completed Dec. 22.

In the third largest transaction in the region, Ponderosa Point LLC bought residential acres on Ridgepointe Drive. The deal was for $1.758 million and was completed Jan. 4.
The following are the other top transactions during the period in the county:

Transaction amount: $1.59 million
Seller: Gamble Land Company
Buyer: Noell Real Estate
Sale date: Dec. 22
Address: 2206 Building One, Highland Drive
Description: shopping center

Transaction amount: $1.45 million
Seller: Robert Wood Inc.
Buyer: Noell Real Estate
Sale date: Dec. 22
Address: 1904 Grant Ave.
Description: shopping center

Transaction amount: $1.3 million
Seller: C&O Enterprises
Buyer: Gamble Land Company
Sale date: Jan. 2
Address: 1849 E. Highland Drive
Description: shopping center

Transaction amount: $1.2 million
Seller: Christopher and Shannon Booker
Buyer: William and Brynn Little
Sale date: Dec. 29
Address: Big Creek
Description: house

Transaction amount: $815,000
Seller: Terry and Helen Huckabee Trust
Buyer: James and Paula Eaton
Sale date: Dec. 15
Address: Ridgepointe
Description: house

Transaction amount: $750,000
Seller: Commercial Developers LLC
Buyer: Needspace Hudson LLC
Sale date: Dec. 19
Address: N/A
Description: residential acres

Transaction amount: $699,000
Seller: Valerie Malone
Buyer: Kerry and Altie Nicholas
Sale date: Jan. 1
Address: N/A
Description: house