245 & Hwy 82 Texarkana, AR 71854
- Land
- 24.35 lot acres
Current Use by Public Records
- Land
Property Details for 245 & Hwy 82
- Lot size
- 24.35 lot acres
- Property type
- Land
Description
This exceptional 24.35-acre commercial land parcel presents a unique investment opportunity in a thriving area of Texarkana, Arkansas. Strategically located at the intersection of Loop 245 and Highway 82 East, this property offers unparalleled access and visibility. The land is divided into eight separately developable lots, ranging in size from 1.23 acres to 8.73 acres, providing flexibility for various development scenarios. All utilities are readily available, simplifying the construction process. The property's prime location boasts proximity to key infrastructure and businesses, including the Texarkana Regional Airport (approximately 1.5 miles away) and the Cooper Tire Manufacturing Facility (approximately 0.75 miles away). This makes it ideal for a wide range of commercial ventures, such as restaurants, hotels, fuel stations, retail establishments, banking facilities, or office complexes. The area is experiencing significant growth, further enhanced by the nearing completion of I-49 (I-549), promising increased traffic and accessibility. The asking price is $6,364,116, with land value ranging from $4 to $7 per square foot. This presents a compelling opportunity to capitalize on the burgeoning commercial landscape of Texarkana, Arkansas, in a location poised for continued expansion and prosperity. Miller County location and 71854 zip code.
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
- Miller
- State
- Arkansas
- Longitude
- -93.8859
- Latitude
- 33.4449
