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    3113 Richmond Rd Texarkana, TX 75503

    Sponsored
    For Sale
    $2,645,000

    Prime 2.55-acre commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.55-acre commercial property, located at 3113 Richmond Rd in Texarkana, Texas, presents a remarkable investment opportunity. Zoned for general retail, this land boasts a prime location along the Richmond Rd retail corridor, ensuring high visibility and accessibility. The property features excellent road frontage and benefits from a substantial daily traffic volume of 19,764 vehicles. Its strategic position offers easy access to major thoroughfares, including Interstate 30 (less than one mile away), and a thriving customer base in the Texarkana area. The site's previous use as a banking location further underscores its high-traffic potential. This corner lot is surrounded by established retail businesses, including Kohl's, Target, and Boot Barn, creating a synergistic environment for commercial or mixed-use development. The property includes one existing building suitable for executive office use. The asking price is $2,645,000. This is an ideal location for businesses seeking high visibility and convenient access to a robust consumer market. The 75503 zip code ensures a strong local presence within a well-established commercial area.

    Property Features for 3113 Richmond Rd

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    111,078 SF

    Building Details

    Buildings
    1

    HighLights

    • High‑traffic retail location near Kohl's, Target, and Boot Barn.
    • Less than one mile from I‑30, experiencing 19,764 vehicles per day (VPD).
    • Corner lot with excellent visibility and high traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Mailing Service ATM (Bancorp South) Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.0948938
    Latitude
    33.4640869

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    FAQs

    What type of property is this?
    Office Property / Space - Prime 2.55-acre commercial lot, high visibility.
    Where is this office property / space located?
    The property is located at 3113 Richmond Rd Texarkana, TX.
    What is the asking price?
    The asking price for this property is $2,645,000.
    What are key features of this property?
    This property features: High-traffic retail location near Kohl's, Target, and Boot Barn.; Less than one mile from I-30, experiencing 19,764 vehicles per day (VPD).; Corner lot with excellent visibility and high traffic counts.
    Request Owner's contact information
    3113 Richmond Rd Texarkana, TX 75503
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    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
    3113 Richmond Rd Texarkana, TX 75503
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