Property summary
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.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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