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    1103 Spruce St Texarkana, TX 75501

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    For Sale
    Contact for pricing

    0.32-acre lot, prime commercial location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.32-acre commercial land parcel in Texarkana, Texas, presents a unique investment opportunity. Located at 1103 Spruce St, (APN 03841049300), this property boasts a highly desirable C zoning designation, opening doors to a wide range of commercial ventures. The lot is strategically situated amidst a thriving commercial district, surrounded by established businesses including General Supply Hardware, KLC Custom Electronics, Danny's Imports, and Boo's Transmission and Muffler, ensuring high visibility and foot traffic. Further enhancing its appeal, the property enjoys proximity to the high-traffic Wadley Regional Medical Center and Encompass Health Rehabilitation Hospital, providing excellent accessibility and exposure. Currently, a red building on the property will be removed prior to sale, leaving a clean slate for development. This prime location, combined with its attractive price point of $25,000, makes this an exceptional opportunity for investors seeking a foothold in a robust and growing Texarkana commercial market. Don't miss this chance to secure a piece of Texarkana's vibrant commercial landscape. The zip code is 75501, and the property is located in Bowie County.

    Property Features for 1103 Spruce St

    General Information

    Property type
    Land
    Lot Size
    13,939 SF

    HighLights

    • $25,000 asking price for 0.32‑acre commercial land parcel.
    • Located at 1103 Spruce St, Texarkana, TX 75501 (APN: 03841049300).
    • C‑zoned lot.
    • Surrounded by established businesses and near Wadley Regional Medical Center.
    • Existing building to be removed.
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.0517617
    Latitude
    33.4284204

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    FAQs

    What type of property is this?
    Land - 0.32-acre lot, prime commercial location
    Where is this land located?
    The property is located at 1103 Spruce St Texarkana, TX.
    What is the asking price?
    The asking price for this property is $25,000.
    What are key features of this property?
    This property features: $25,000 asking price for 0.32-acre commercial land parcel.; Located at 1103 Spruce St, Texarkana, TX 75501 (APN: 03841049300).; C-zoned lot.
    (903) 793-2666
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    1103 Spruce St Texarkana, TX 75501
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    Texarkana, TX 75501
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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
    1103 Spruce St Texarkana, TX 75501
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