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    University Ave Texarkana, TX 75503

    For Sale
    Contact for pricing

    Prime Texarkana commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 500-acre commercial land parcel presents a unique investment opportunity in Texarkana, Texas. Located in Bowie County, near the intersection of University Avenue and Interstate-30, this property boasts unparalleled access to high-traffic areas and significant retail development. The site directly abuts over one million square feet of existing retail space, including the Shoppers at Pavilion, Richmond Ranch, and a Walmart Supercenter. This strategic location capitalizes on the continued retail growth surrounding the Richmond Road interchange and the University Avenue interchange, providing direct access to Texas A&M University Texarkana. The property offers ample Interstate-30 frontage, with over 85,000 vehicles passing daily according to TxDOT data. Its considerable depth makes it perfectly suited for large-scale retail development. The land is priced at $20 per square foot, representing a compelling value proposition given its size, location, and development potential. The property's address is listed as University Ave, Texarkana, TX 75503. This is a rare opportunity to acquire a significant tract of land in a thriving retail corridor with exceptional visibility and accessibility.

    Property Features for 0 University Ave

    General Information

    Property type
    Land
    Lot Size
    21,780,000 SF

    HighLights

    • 500+ acres adjacent to over 1M SF of retail at Shoppers at Pavilion, Richmond Ranch, and Walmart.
    • Prime retail location extending the growth along Richmond Road and directly connected to Texas A&M University‑Texarkana via University Avenue.
    • Over 85,000 vehicles daily on I‑30 per TxDOT, offering significant frontage and depth for retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.0988545
    Latitude
    33.4929023

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    FAQs

    What type of property is this?
    Land - Prime Texarkana commercial land, ideal for development.
    Where is this land located?
    The property is located at University Ave Texarkana, TX.
    What are key features of this property?
    This property features: 500+ acres adjacent to over 1M SF of retail at Shoppers at Pavilion, Richmond Ranch, and Walmart.; Prime retail location extending the growth along Richmond Road and directly connected to Texas A&M University-Texarkana via University Avenue.; Over 85,000 vehicles daily on I-30 per TxDOT, offering significant frontage and depth for retail development.
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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
    University Ave Texarkana, TX 75503
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