6703 Richmond Rd Texarkana, TX 75503
- Land
- 2.40 lot acres
Current Use by Public Records
- Land
Property Details for 6703 Richmond Rd
- Lot size
- 2.40 lot acres
- Property type
- Land
Description
This exceptional 2.4-acre commercial property in Texarkana, Texas, is located at 6703 Richmond Rd, on the corner of Richmond Rd and N. Kings Hwy. The property boasts a high-traffic location with nearly 28,000 vehicles passing daily, ensuring excellent visibility and accessibility for any business. Included on the site is a substantial 2,259 square-foot house, offering versatile options for immediate use or redevelopment. The property's strategic position benefits from a strong local demographic, with a population of 2,365 within one mile and 107,724 within ten miles. The average household income within five miles is $55,184, indicating a robust consumer base. This presents a unique opportunity for a variety of commercial ventures, from retail spaces to office buildings, or even potential residential development. The asking price for this prime commercial land is $514,100. The property's size and location make it an ideal investment for those seeking high visibility and a strong return on investment in a thriving Texas market. The existing house provides immediate potential for office space or conversion to suit a specific business need, while the ample land offers space for expansion, storage, or additional development. This is a rare opportunity to acquire a significant commercial property in a high-growth area of Texarkana. The property's zip code is 75503, and it is situated in Bowie County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Texarkana
- County
- Bowie
- State
- Texas
- Longitude
- -94.1167
- Latitude
- 33.484
