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    625 9Th St Texarkana, AR 71854

    Sponsored
    For Sale
    $79,500

    0.54 acre lot, $79,500

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.542-acre commercial lot in Texarkana, Arkansas, is priced at $79,500, or $3.37 per square foot. Located at 625 E. 9th Street, this property boasts a highly desirable location, just 0.4 miles from State Line Avenue and conveniently situated on US Highways 67, 71, and 82, ensuring high visibility and accessibility. The lot is asphalt paved and ready for immediate development. Its rich history as the former site of a Texarkana A&W Root Beer Drive-In adds to its unique appeal. The strategic placement near a high-performing McDonald's, along with neighboring businesses such as E-Z Mart and Sam's Southern Eatery, presents a compelling opportunity for a fast-food establishment or similar commercial venture. The property's central location and proximity to major thoroughfares make it an ideal investment for businesses seeking high traffic and strong brand visibility. Adjacent lots are also available, offering potential for expansion or development of a larger commercial complex. This is a rare opportunity to acquire a prime commercial lot in a thriving Texarkana location. The land value is calculated at approximately $146,679 per acre. The property is zoned for commercial use (verification required).

    Property Features for 625 9Th St

    General Information

    Property type
    Land
    Lot Size
    23,610 SF

    HighLights

    • Four (4) prime commercial lots, asphalt paved, and ready for development. Adjacent lots available.
    • Centrally located 0.4 miles from State Line Avenue, with access to US Highways 67, 71, and 82.
    • Former site of a Texarkana A&W Root Beer Drive‑In.
    • Excellent location for a fast‑food restaurant, near Texarkana's top‑performing McDonald's.
    • Strong surrounding businesses including McDonald's, E‑Z Mart, and Sam's Southern Eatery.
    • $146,679 per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.036829
    Latitude
    33.431233

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    FAQs

    What type of property is this?
    Land - 0.54 acre lot, $79,500
    Where is this land located?
    The property is located at 625 9Th St Texarkana, AR.
    What is the asking price?
    The asking price for this property is $79,500.
    What are key features of this property?
    This property features: Four (4) prime commercial lots, asphalt paved, and ready for development. Adjacent lots available.; Centrally located 0.4 miles from State Line Avenue, with access to US Highways 67, 71, and 82.; Former site of a Texarkana A&W Root Beer Drive-In.
    Request Owner's contact information
    625 9Th St Texarkana, AR 71854
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    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
    625 9Th St Texarkana, AR 71854
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