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    7201 Kings Hwy Texarkana, TX 75503

    Sponsored
    For Sale
    $495,000

    5.23 Acres, High-Visibility Location, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.23-acre commercial and residential land parcel is ideally situated at 7201 N Kings Hwy in Texarkana, Texas, within Bowie County (zip code 75503). The property, identified by APN 06180017900, is zoned GR and presents a unique opportunity for diverse development. Currently featuring a 1,584 square foot house, the land boasts high visibility and significant traffic flow due to its prime location at the entrance of a residential subdivision and its proximity to Richmond Road, a major thoroughfare in the Texarkana metroplex. This strategic position in the desirable Pleasant Grove area makes it highly attractive for retail or multi-family projects. The asking price for this remarkable property is $495,000. Its size and location offer substantial potential for investors seeking a high-return investment in a thriving Texas market. The property's versatility allows for a range of development options, catering to various business and residential needs. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area.

    Property Features for 7201 Kings Hwy

    General Information

    Property type
    Land
    Lot Size
    227,819 SF

    HighLights

    • 5.23‑acre commercial and residential land parcel in Texarkana, TX.
    • APN 06180017900, GR zoning.
    • Features a 1,584 sq ft house.
    • High visibility location at a residential subdivision entrance, near Richmond Road.
    • $495,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Clothing Store Hotel & Motel Department Store HVAC Service Furniture Store Computer & Electronic Repair Veterinary Clinic Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.137871702609
    Latitude
    33.481182988789

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    FAQs

    What type of property is this?
    Land - 5.23 Acres, High-Visibility Location, Development Potential
    Where is this land located?
    The property is located at 7201 Kings Hwy Texarkana, TX.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 5.23-acre commercial and residential land parcel in Texarkana, TX.; APN 06180017900, GR zoning.; Features a 1,584 sq ft house.
    (903) 793-2666
    Request Owner's contact information
    7201 Kings Hwy 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
    7201 Kings Hwy Texarkana, TX 75503
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