Former Grocery Anchor Retail
For Sale
Contact for pricing
Pending
2315 Richmond Road, Texarkana, TX 75503
Fee-simple sale of a former Albertsons grocery building on 5.85 acres with General Retail zoning.
Property Size60,186 SF
Lot Size5.85 Acres
Days on Market117
Property Features for 2315 Richmond Road
General Information
Standard status
Pending
Size
60,186 SF
Lot size
5.85 Acres
Property subtype
Retail, Land
Zoning
GR
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
SRS Real Estate Partners Corporate Headquarters
(480) 221-4221
Listed By:
Bradford Gibbs · License #TX 611900
Source:
Crexi
Added: Apr 10
Changed: Jul 21
Last Checked: Aug 3 at 11:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Corporate Headquarters
Investment Insights
Based on property information with market context.
The offering is a fee-simple acquisition of a former grocery store (Albertsons) comprising 60,186 SF on a 5.85-acre parcel. The property is zoned General Retail (GR), supporting a range of uses and providing flexibility for a new owner.
The site fronts Richmond Road / FTM 559, with stated average daily traffic counts of 20,600 vehicles passing by daily. It is positioned adjacent to the on/off ramps for Interstate 30 / U.S. Highway 59, with an additional 76,100 VPD cited for the thoroughfare through the city of Texarkana.
The building is located as an anchor box to the Town West Shopping Center, a 260,000 SF retail center with current tenants including Hobby Lobby, Ross Dress for Less, Tuesday Morning, and Wells Fargo. The shopping center is within the primary retail corridor for the area, and the property is described as being near Cassius St. Michael Health System, a 354-bed medical facility.
The site fronts Richmond Road / FTM 559, with stated average daily traffic counts of 20,600 vehicles passing by daily. It is positioned adjacent to the on/off ramps for Interstate 30 / U.S. Highway 59, with an additional 76,100 VPD cited for the thoroughfare through the city of Texarkana.
The building is located as an anchor box to the Town West Shopping Center, a 260,000 SF retail center with current tenants including Hobby Lobby, Ross Dress for Less, Tuesday Morning, and Wells Fargo. The shopping center is within the primary retail corridor for the area, and the property is described as being near Cassius St. Michael Health System, a 354-bed medical facility.
Key Highlights
- Fee‑simple ownership of a 60,186 SF former Albertsons grocery store on 5.85 acres in Montgomery, AL.
- Zoned General Retail (GR), allowing a wide range of uses for the next owner.
- Located along Richmond Road / FTM 559 with average traffic counts of 20,600 vehicles passing daily.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75503, TX
25,547
Population
11,464
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
78.5 sq mi
ZIP Area
325
Density / Sq Mi
$67,733
Median Household Income
$43,508
Median Earnings
$1,185
Median Rent
$214,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Valor — 3610 St Michael Dr, Texarkana, TX 75503
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Fee-simple sale of a former Albertsons grocery building on 5.85 acres with General Retail zoning.
Where is this grocery and convenience store located?
The property is located at 2315 Richmond Road Texarkana, TX.
What are key features of this property?
This property features: Fee‑simple ownership of a 60,186 SF former Albertsons grocery store on 5.85 acres in Montgomery, AL.; Zoned General Retail (GR), allowing a wide range of uses for the next owner.; Located along Richmond Road / FTM 559 with average traffic counts of 20,600 vehicles passing daily.
