1415 College Dr Texarkana, TX 75503
- Commercial real estate
- 7,380 SF
- 0.94 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1415 College Dr
- Year built
- 1977
- Lot size
- 0.94 lot acres
- Property size
- 7,380 SF
- Property type
- Commercial real estate
- APN
- 47930
- APU
- 47930
Description
This exceptional investment opportunity presents a vacant 19,976 square foot retail shopping center situated on a 2.6-acre lot in Texarkana, Texas. The property, located at 1415 College Dr, 75503, features three existing buildings, each single-story, and is zoned for general retail use. The buildings are classified as Class B and are currently vacant, offering a blank canvas for redevelopment or lease to multiple tenants. The property includes ample space for potential expansion, with room for an additional 6,000 square foot building. The site boasts excellent visibility and accessibility, with two driveways directly onto College Drive. This property is part of Springer's Subdivision, encompassing a larger 90,000 square foot parcel with significant frontage on College Drive and Lincoln Street. The property is offered on a NNN lease basis, providing a straightforward ownership structure. This prime location in Texarkana offers significant potential for a variety of retail uses, making it an attractive investment for both developers and long-term investors seeking a strong foothold in a growing market. The property's size, location, and zoning provide a unique opportunity to create a thriving retail destination. The existing buildings provide a solid foundation for immediate development, while the available land allows for future expansion to meet evolving market demands.
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
- Bowie
- State
- Texas
- Longitude
- -94.0621
- Latitude
- 33.4485
- CBSA code
- 45500
- CBSA name
- TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA
