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200 Wake Vlg Rd Wake Village, TX 75501-6227

OFF-MARKET Commercial real estate Google Maps
41,008 SF 7.46 ac lot Built 2015
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$6.00M
Range $5.40M – $6.60M (±10%)
Property ID US82-9137014

Property summary

AI-generated overview

This exceptional 13.28-acre commercial land parcel presents a remarkable investment opportunity in the thriving Texarkana, Texas market. Located at 200 Wake Village Road, this property boasts a highly desirable location adjacent to a Walmart Neighborhood Market on 7th Street, ensuring exceptional visibility and accessibility. The APN is 06320019000. The property's strategic position within a dense commercial corridor is further enhanced by its proximity to a variety of established businesses, including Albertson's, Taco Bell, McDonald's, Pizza Hut, Sonic, Dairy Queen, and Chicken Express. This prime location guarantees high traffic volume and significant exposure for any commercial development. The asking price for this expansive land parcel is $1,200,000. Its size and location make it ideal for a wide range of commercial ventures, offering significant potential for substantial returns. The property is zoned for commercial use (further zoning verification is recommended). This is a rare opportunity to acquire a large, well-situated commercial land parcel in a rapidly growing area of Texarkana, Texas. The property is situated in Bowie County, Texas, with a zip code of 75501. Don't miss this chance to secure a prime piece of Texarkana real estate.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2015
Total area 41,008 SF
Lot 7.46 ac (325,001 SF)
APN 94893
UPID US82-9137014

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.53M
Comparable Approach Comparable
$5.47M
Blend (final) Blend
$6.00M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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