10 Texarkana Ar Genoa, AR 71854
This exceptional 34.8-acre tract presents a unique investment opportunity in a strategic commercial location. Situated directly off the Interstate 49 exit ramp and Miller County Road 10 near Texarkana, Arkansas, this property boasts unparalleled accessibility. Its versatile zoning allows for a wide range of commercial and industrial uses, making it ideal for various developments. Envision a convenience store and gas station, an RV park, a manufacturing facility, or a shipping and receiving yard. The property is conveniently located 25 miles from Louisiana and 9 miles from Texarkana, offering easy access to regional markets. The recent ARDOT funding for the I-49 connection between Texarkana and Fort Smith further enhances the property's long-term value and potential. The land is already cleared and equipped with 3-phase power on Miller County Road 10, along with access to city water and gas. The location outside city limits provides operational flexibility. A smaller 9.2-acre parcel is also available separately. The asking price is $634,920, representing a land value of $18,000 per acre. This is a rare chance to acquire a significant commercial property in a rapidly developing area. Don't miss this opportunity to capitalize on the growth potential of this prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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