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    Draughn & Fox St Texarkana, AR 71854

    Sponsored
    For Sale
    $38,500

    0.34-acre lot, prime location, $38,500.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property presents a unique investment opportunity in the thriving city of Texarkana, Arkansas. Located at the intersection of Draughn and Fox Streets, this 0.34-acre lot offers unparalleled potential for a variety of commercial ventures. Its strategic location provides excellent visibility and accessibility, making it an ideal site for businesses seeking high foot traffic and convenient access for customers. The property's size is versatile enough to accommodate a range of development plans, from small retail spaces to larger-scale commercial buildings. The asking price of $38,500 represents a compelling value for a property in such a desirable location. This is a blank canvas for your entrepreneurial vision, allowing you to create a space that perfectly suits your business needs. Given the property's size and location, it's well-suited for a variety of uses, subject to city zoning regulations. Prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the property for their intended purpose. Don't miss this chance to acquire a prime piece of commercial real estate in a growing market. Act quickly, as opportunities like this are rare. The property is ready for immediate development, offering a swift path to realizing your business goals. This is a truly exceptional opportunity to establish a strong presence in a dynamic and expanding commercial area.

    Property Features for Draughn & Fox St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1927
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.0235
    Latitude
    33.42169

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    FAQs

    What type of property is this?
    Commercial real estate - 0.34-acre lot, prime location, $38,500.
    Where is this commercial real estate located?
    The property is located at Draughn & Fox St Texarkana, AR.
    What is the asking price?
    The asking price for this property is $38,500.
    Request Owner's contact information
    Draughn & Fox St Texarkana, AR 71854
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Draughn & Fox St Texarkana, AR 71854
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