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    603 New Boston Rd Nash, TX 75569

    Sponsored
    For Sale
    $869,000

    32 Acres, High Traffic, Investment Potential

    Property size:
    1,399,419 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 32.06-acre tract in Nash, Texas, presents a remarkable investment opportunity for developers seeking mixed-use potential. Located on East New Boston Road, this property boasts impressive visibility and accessibility, with a daily traffic count of 11,356 vehicles. The expansive land area offers significant flexibility for a variety of development projects, including multifamily residential, retail spaces, or commercial office buildings. The property is currently vacant and zoned for mixed use, allowing for diverse development options. Furthermore, the land is divisible, offering the potential for smaller-scale development or individual lot sales. Water and sewer access are readily available at the property's frontage, simplifying infrastructure development. This prime location is situated in a high-growth area, making it an ideal investment for long-term appreciation. The asking price is $869,000 for the entire 1,399,419 square foot parcel. The property's strategic location and zoning flexibility make it a compelling opportunity for investors seeking significant returns in a thriving Texas market. Rezoning possibilities exist to further tailor the property to specific development plans. This is a rare chance to acquire a substantial land parcel with immense potential in a rapidly developing area.

    Property Features for 603 New Boston Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,399,419 SF
    Lot Size
    1,396,534 SF

    HighLights

    • $869,000 asking price.
    • Retail, multifamily, mixed‑use, and land property.
    • Single‑tenant occupancy; currently vacant.
    • 1,399,419 square feet; 32.06‑acre lot.
    • Located at 603 E New Boston Rd, Nash, TX 75569.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Nash
    County
    Bowie
    State
    Texas
    Longitude
    -94.1212015
    Latitude
    33.4431713

    Nearby Comparable

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    • Contact for pricing
      31.42 Acres

      I-30 Retail Land Opportunity

      Prime Texarkana acreage, I-30 access
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    Nearby Similar for Sale

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      1013 E New Boston Rd, Nash, TX 75569
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    • $449,500
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      Adaptable Commercial Property in Nash

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      1013 E New Boston Rd, Nash, TX 75569
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    • $449,500
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      Adaptable Commercial Property in Nash

      Versatile commercial property with climate-controlled and non-climate-controlled spaces.
      1013 E New Boston Rd, Nash, TX 75569
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    • $500,000
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      Versatile Commercial Property on New Boston

      Commercial building suitable for retail or industrial use for sale.
      235 E New Boston Rd, Nash, TX 75569
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    • $450,000
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      Nash, TX Commercial Building

      Versatile Storefront & Warehouse
      235 New Boston Rd, Nash, TX 75569
      View Details
    • $449,900
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      Nash, TX Warehouse - $449,900

      5,400 SF Industrial Warehouse, Excellent Location
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      View Details

    FAQs

    What type of property is this?
    Multifamily property - 32 Acres, High Traffic, Investment Potential
    Where is this multifamily property located?
    The property is located at 603 New Boston Rd Nash, TX.
    What is the asking price?
    The asking price for this property is $869,000.
    What are key features of this property?
    This property features: $869,000 asking price.; Retail, multifamily, mixed-use, and land property.; Single-tenant occupancy; currently vacant.
    Request Owner's contact information
    603 New Boston Rd Nash, TX 75569
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    Nash, TX 75569
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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
    603 New Boston Rd Nash, TX 75569
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