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    1415 College Dr Texarkana, TX 75503

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    For Sale
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    19,976 SF Vacant Shopping Center

    Property size:
    19,976 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a vacant 19,976 square foot retail shopping center situated on a 2.6-acre lot in Texarkana, Texas. The property, located at 1415 College Dr, 75503, features three existing buildings, each single-story, and is zoned for general retail use. The buildings are classified as Class B and are currently vacant, offering a blank canvas for redevelopment or lease to multiple tenants. The property includes ample space for potential expansion, with room for an additional 6,000 square foot building. The site boasts excellent visibility and accessibility, with two driveways directly onto College Drive. This property is part of Springer's Subdivision, encompassing a larger 90,000 square foot parcel with significant frontage on College Drive and Lincoln Street. The property is offered on a NNN lease basis, providing a straightforward ownership structure. This prime location in Texarkana offers significant potential for a variety of retail uses, making it an attractive investment for both developers and long-term investors seeking a strong foothold in a growing market. The property's size, location, and zoning provide a unique opportunity to create a thriving retail destination. The existing buildings provide a solid foundation for immediate development, while the available land allows for future expansion to meet evolving market demands.

    Property Features for 1415 College Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    19,976 SF
    Class
    B
    Lot Size
    113,256 SF

    Building Details

    Buildings
    3
    Stories
    1

    HighLights

    • Retail property totaling 19,976 square feet.
    • Located at 1415 College Dr, Texarkana, TX 75503.
    • Class B shopping center with storefront components.
    • NNN lease type.
    • Currently vacant, offering immediate occupancy.
    • Three buildings on a 2.6‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.06207845
    Latitude
    33.44890757

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    FAQs

    What type of property is this?
    Lifestyle center - 19,976 SF Vacant Shopping Center
    Where is this lifestyle center located?
    The property is located at 1415 College Dr Texarkana, TX.
    What are key features of this property?
    This property features: Retail property totaling 19,976 square feet.; Located at 1415 College Dr, Texarkana, TX 75503.; Class B shopping center with storefront components.
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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
    1415 College Dr Texarkana, TX 75503
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