REAL ESTATE: $1M KFC purchase largest of bypass sales

Clark County real estate transactions recorded April 10-28, 2023, having a value of $100,000 or greater. Information is gathered from public records held by the Clark County Circuit Clerk, online real estate records via and the Arkansas Secretary of State. The Arkadelphian includes names of grantees, grantors, transaction price and property description available, and does not withhold names.

No finger-lickin’ good: Arkadelphia’s longstanding Kentucky Fried Chicken closed this week without notifying its customers. The property, now owned by the state’s highway department, will be razed to make way for the Arkadelphia Bypass. | Joel Phelps/The Arkadelphian

Highlighting this round of real estate transactions is the $1,127,400 sale of a building that housed Kentucky Fried Chicken on Arkadelphia’s Clinton Street. The Arkansas State Highway Commission closed the transaction on the building, which was previously owned by TMRW LLC, a foreign limited liability company. The property last sold in 2019, also for $1.1 million. The restaurant closed this week without notice. A voicemail and email sent Thursday, April 20, to KFC’s corporate public relations department has so far gone unanswered.

The building that once housed the operations of the now-defunct Daily Siftings Herald sold for $245,000. Cassie Gonzales purchased the building, located at 205 S. 26th St., Arkadelphia, from Cardinal Land Holdings LLC, whose manager is Derek Franklin. The property last sold in 2021 for $60,000.

The Allen and Carol Morgan Joint Revocable Trust purchased 154 acres of timberland located between the Ouachita River and South New Bethel Drive. The Morgans paid $116,250 to Cypress Break Land & Timber Inc., a company registered to Edward Dale Givens of Sparkman; its vice-president is Rosemary Walker, also of Sparkman. In a separate transaction, Cypress Break purchased 80 acres of timberland from the Morgans for $126,960. That property is located north of state Highway 51 between Beirne and Whelen Springs, off of Rose Hill Cemetery Road.

For $165,000 Abigail Davis purchased a 1,414 SF brick home on 1.44 acres at the 1000 block of North 10th Street in Arkadelphia. The property last sold to Matthew and Haylee Cook in 2022 for $137,000.

Johny and Nickkole Lindgren bought a 1,280 SF brick home at the 900 block of South 26th Street in Arkadelphia for $135,000. Keaton and Chelsea Loy purchased the property in 2021 for $155,000.

Rhonda Parker purchased a 1,536 SF frame siding home on 3 acres at the 3000 block of state Highway 26 West in the Hollywood community for $182,900. The property last sold to Dylan and Courtney Busbee in 2020 for $125,000.

For $140,000 Courtney Covington bought a 1,252 SF brick home at the 1900 block of O’Connell Street in Arkadelphia. Previous owner Edel Moreno paid $90,000 for the property in 2007.

Christal Wilson purchased a 1,582 SF frame siding home on 8.1 acres at the 1000 block of Southfork Road for $106,100. The property last sold for $109,000 in 2019 to Donald and Linda Gibbens and Timothy Padgett.

For $100,000 the Doug and Sheila Carroll Trust bought a 2,488 SF frame siding home on 5 acres at Garner Mountain Road in Amity. Previous owner was Patricia Teague.

For $225,000 Peeples Investments LLLP purchased 80 acres of timberland located northwest of Wallace Road’s intersection with Kansas Road. That partnership is registered to Earl Peeples Jr. of Little Rock. The previous owner, Hillbilly Properties, paid $165,000 for the land in 2022. That entity is a forfeited charter registered to Ruby Gutherie-Hill of Marvell.

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