4804 Jefferson Ave Texarkana, AR 71854
- Commercial real estate
- 0.72 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4804 Jefferson Ave
- Lot size
- 0.72 lot acres
- Property type
- Commercial real estate
- APN
- 1230010
- APU
- 1230010
Description
This exceptional 0.72-acre lot presents a unique investment opportunity in the thriving city of Texarkana, Arkansas. Located at 4804 Jefferson, this property offers significant potential for a variety of commercial ventures. The expansive land area provides ample space for development, allowing for flexibility in design and functionality. Its strategic location within Texarkana ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in the area. The property's size and location make it suitable for a range of commercial uses, from retail establishments and restaurants to office spaces and light industrial facilities. The absence of existing structures allows for complete customization, enabling developers to create a property tailored to their specific needs and vision. This presents a rare chance to acquire a substantial parcel of land in a dynamic market, offering significant long-term growth potential. The asking price of $379,000 reflects the property's prime location and development potential. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further due diligence is recommended to confirm zoning regulations and permitted uses. This is a blank canvas ready for your vision. Don't miss this opportunity to secure a valuable piece of Texarkana real estate.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $180,000
- 7%
- $170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $205,000
- Geo Method
- $190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $215,000
- Retail
- $215,000
- Mixed-Use
- $185,000
- Hospitality
- $175,000
- Educational
- $165,000
- Residential Income
- $160,000
- Energy
- $200,000
- Income-Based Land
- $215,000
- Food Service
- $180,000
Location Insight
- Map
- Local Demand
- City
- Texarkana
- County
- Miller
- State
- Arkansas
- Longitude
- -94.0284
- Latitude
- 33.469
- CBSA code
- 45500
- CBSA name
- TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA