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    Us Hwy 82 Texarkana, AR 71854

    For Sale
    $6,364,116

    Prime 24-Acre Tract, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 24.35-acre commercial land parcel presents a significant investment opportunity in Texarkana, Arkansas. Strategically located at the intersection of US Highway 82 East and I-49, this property boasts unparalleled visibility and accessibility. The site is divided into several tracts, offering flexibility for various development scenarios. Tracts A-1, A-2, and B-1 are priced at $6 per square foot, while Tracts C-1, C-2, and B-2 are priced at $5 per square foot. The asking price for the entire property is $6,364,116. This prime location offers significant advantages, including proximity to Cooper Tire & Rubber Co., Texarkana's largest industrial employer, and its position directly across the street from a grocery-anchored shopping center. High traffic counts on both I-49 and US Highway 82 ensure maximum exposure for any development. The property's size and location make it ideal for a wide range of commercial uses, from retail and industrial to hospitality and more. This is a rare opportunity to acquire a substantial land holding in a thriving Arkansas market with excellent growth potential. The property is zoned for commercial use (verification of zoning with local authorities is recommended). Detailed site plans and surveys are available upon request. Don't miss this chance to secure a premier location in a rapidly growing area.

    Property Features for 0 Us Hwy 82

    General Information

    Property type
    Land
    Lot Size
    1,060,686 SF

    HighLights

    • Prime 24.35‑acre commercial tract in Texarkana, AR.
    • Tracts A‑1, A‑2, and B‑1 priced at $6 per square foot.
    • Tracts C‑1, C‑2, and B‑2 priced at $5 per square foot.
    • Excellent location near Cooper Tire & Rubber Co., Texarkana's largest industrial employer.
    • Across the street from a grocery‑anchored shopping center.
    • High visibility from I‑49 and US Hwy 82.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -93.8858955
    Latitude
    33.444928

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    FAQs

    What type of property is this?
    Land - Prime 24-Acre Tract, High Visibility
    Where is this land located?
    The property is located at Us Hwy 82 Texarkana, AR.
    What is the asking price?
    The asking price for this property is $6,364,116.
    What are key features of this property?
    This property features: Prime 24.35-acre commercial tract in Texarkana, AR.; Tracts A-1, A-2, and B-1 priced at $6 per square foot.; Tracts C-1, C-2, and B-2 priced at $5 per square foot.
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    Us Hwy 82 Texarkana, AR 71854
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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
    Us Hwy 82 Texarkana, AR 71854
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