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    8723 Kings Hwy Texarkana, TX 75503

    Sponsored
    For Sale
    $1,249,000

    Prime Kings Hwy acreage, multifamily potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 19.17-acre property, located at 8723 N Kings Hwy in Texarkana, Texas (zip code 75503), presents a unique investment opportunity. Situated in Bowie County, this expansive land parcel is zoned AG, offering versatility for a range of development projects. The property's prominent location on North Kings Highway ensures high visibility and accessibility, making it ideal for commercial ventures. Its size and zoning allow for possibilities including, but not limited to, multifamily residential development. The property's APN is 11560000100. Given its location in the Pleasant Grove area of Texarkana, this land boasts significant potential for investors seeking exposure and diverse development options. The asking price for this remarkable 19.17-acre tract is $1,249,000. This is a rare opportunity to acquire a substantial land holding in a thriving Texas community with excellent potential for future growth and return on investment. The property's latitude and longitude coordinates are 33.482561355000506 and -94.11985594313765 respectively.

    Property Features for 8723 Kings Hwy

    General Information

    Property type
    Farms
    Lot Size
    835,045 SF

    HighLights

    • $1,249,000 asking price.
    • 19.17‑acre land parcel.
    • AG zoning.
    • Located at 8723 N Kings Hwy, Texarkana, TX 75503 (APN: 11560000100).
    • Suitable for multifamily development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Clothing Store Nail Salon Hotel & Motel Department Store Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.119855943138
    Latitude
    33.482561355001

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    FAQs

    What type of property is this?
    Farm - Prime Kings Hwy acreage, multifamily potential.
    Where is this farm located?
    The property is located at 8723 Kings Hwy Texarkana, TX.
    What is the asking price?
    The asking price for this property is $1,249,000.
    What are key features of this property?
    This property features: $1,249,000 asking price.; 19.17-acre land parcel.; AG zoning.
    Request Owner's contact information
    8723 Kings Hwy 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
    8723 Kings Hwy Texarkana, TX 75503
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