3700 New Boston Rd Texarkana, TX 75501
This exceptional 9.5-acre commercial land parcel presents a unique investment opportunity in Texarkana, Texas. Strategically located at the intersection of New Boston Road and I-369 & 82, this property boasts unparalleled visibility and accessibility, with a high daily traffic count of 72,584 vehicles (based on 2018 and 2022 data). Its Commercial zoning allows for a wide range of development possibilities, catering to diverse business needs and investment strategies. The property's prime location places it within close proximity to major retailers, including Walmart, Lowe's, a newly constructed Enterprise Rental Car facility, Academy Sports, and more. Furthermore, its proximity to significant community landmarks such as Central Mall (1.54 miles), the new Wadley Hospital Development (1.61 miles), and Texarkana College (1.66 miles) enhances its appeal and potential for future growth. The land is priced at $5 per square foot, offering a compelling value proposition for developers and investors seeking to capitalize on the region's robust commercial growth. This property is ideal for businesses seeking high visibility and convenient access to a thriving retail and business district. The site is adaptable to various development plans, allowing for customization to suit specific investment goals. The property's address is 3700 New Boston Rd, Texarkana, TX 75501, with APN 19060032800.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.