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    10.85 Acres For Sale Near Texarkana, TX 75503

    For Sale
    $5,750,000

    Prime Texarkana commercial land, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10.85-acre commercial land parcel presents a unique investment opportunity in Texarkana, Texas. Located in Bowie County, zip code 75503, near Kohl's, this property boasts unparalleled visibility and accessibility from both Interstate-30 and Richmond Road. Its strategic location adjacent to Wadley Hospital and Christus St. Michael Hospital positions it ideally for healthcare-related developments or other commercial ventures. The site offers significant potential for a variety of uses, catering to the needs of a thriving community. The property is part of a large regional retail trade area encompassing nearly 500,000 people within a 45-mile radius, ensuring a robust customer base. This expansive tract is situated within a successful retail center, benefiting from strong co-tenancy. The asking price for this exceptional property is $5,750,000. The land value is not calculated on a per square foot basis. This is a rare opportunity to acquire a substantial commercial land holding in a rapidly growing area of Texarkana.

    Property Features for 0 10.85 Acres For Sale Near

    General Information

    Property type
    Land
    Lot Size
    472,626 SF

    HighLights

    • Strong co‑tenancy lineup.
    • Excellent visibility and accessibility from I‑30 and Richmond Road.
    • Significant trade area of nearly 500,000 people within a 45‑mile radius.
    • Top‑performing retail center in the market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.095718558502
    Latitude
    33.459039442783

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    FAQs

    What type of property is this?
    Land - Prime Texarkana commercial land, high visibility.
    Where is this land located?
    The property is located at 10.85 Acres For Sale Near Texarkana, TX.
    What is the asking price?
    The asking price for this property is $5,750,000.
    What are key features of this property?
    This property features: Strong co-tenancy lineup.; Excellent visibility and accessibility from I-30 and Richmond Road.; Significant trade area of nearly 500,000 people within a 45-mile radius.
    (903) 793-2666
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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
    10.85 Acres For Sale Near Texarkana, TX 75503
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