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    5119 Crossroads Pkwy Texarkana, AR 71854

    Sponsored
    For Sale
    $1,125,000

    Prime Texarkana location, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.24-acre commercial land parcel presents a remarkable investment opportunity in Texarkana, Arkansas. Strategically located on I-30 at Crossroads Parkway, this property boasts unparalleled visibility and accessibility. The asking price is $1,125,000, translating to $8 per square foot. Its prime location within Texarkana's premier business park offers significant advantages. The site is surrounded by a wealth of amenities, including five hotels (Best Western, Comfort Suites, Hampton Inn, Holiday Inn Express, and Holiday Inn), the Texarkana Convention Center, a local water park, and two restaurants. This high-traffic area ensures maximum exposure for any commercial development. The property's proximity to I-30 provides easy access for customers and employees, making it ideal for a variety of commercial uses. This is a rare chance to acquire a substantial land holding in a thriving and rapidly developing area of Texarkana. The land is ready for immediate development, offering significant potential for future growth and return on investment. Don't miss this opportunity to secure a prime piece of real estate in a highly desirable location. The address is 5119 Crossroads Pkwy, Texarkana, AR 71854, in Miller County.

    Property Features for 5119 Crossroads Pkwy

    General Information

    Property type
    Land
    Lot Size
    141,134 SF

    HighLights

    • 3.24‑acre commercial land parcel in Texarkana, AR.
    • Located on I‑30 at Crossroads Parkway, offering high visibility and accessibility.
    • Asking price: $1,125,000 ($8/SF).
    • Situated in a premier business park with nearby hotels, convention center, and restaurants.
    • Ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Miller
    State
    Arkansas
    Longitude
    -94.035226314353
    Latitude
    33.471605018944

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    FAQs

    What type of property is this?
    Land - Prime Texarkana location, high visibility.
    Where is this land located?
    The property is located at 5119 Crossroads Pkwy Texarkana, AR.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: 3.24-acre commercial land parcel in Texarkana, AR.; Located on I-30 at Crossroads Parkway, offering high visibility and accessibility.; Asking price: $1,125,000 ($8/SF).
    Request Owner's contact information
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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
    5119 Crossroads Pkwy Texarkana, AR 71854
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