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    5605 Richmond Rd Texarkana, TX 75503

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    For Sale
    $1,438,438

    1.5-acre commercial property at a highly visible, busy intersection.

    Property size:
    1 SF
    Lot size:
    1.50 Acres

    Property Features for 5605 Richmond Rd

    General Information

    Size
    1 SF
    Lot size
    1.50 Acres

    Source: Steven Harvey Agent Steven Harvey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land Opportunity

    This approximate 1.5-acre commercial property is located at the corner of Richmond Road and Moores Lane in Texarkana, Texas. Situated next to Rocketfast Car Wash, the property is suitable for retail use, particularly a restaurant. The location benefits from high daily traffic flow due to its proximity to Walmart Neighborhood Market, Texas A&M University-Texarkana, and Pleasant Grove Middle School. This site offers exposure in a busy area of the Texarkana metroplex, making it suitable for a business seeking high visibility and consistent foot traffic.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.097063
    Latitude
    33.471449

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    FAQs

    What type of property is this?
    Commercial land - 1.5-acre commercial property at a highly visible, busy intersection.
    Where is this commercial land located?
    The property is located at 5605 Richmond Rd Texarkana, TX.
    What is the asking price?
    The asking price for this property is $1,438,438.
    What are key features of this property?
    This property features: - 1.5-acre commercial property on the corner of Richmond Road and Moores Lane.; - Ideal for retail, particularly a restaurant.; - Located next to Rocketfast Car Wash.
    (903) 280-6138
    Request Owner's contact information
    5605 Richmond Rd Texarkana, TX 75503
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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
    5605 Richmond Rd Texarkana, TX 75503
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