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    OFF-MARKET
    Commercial land

    207 Broad St, Texarkana, AR 71854-5903

    0.07 ac lot
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US05-1863717
    Property summary
    AI-generated overview

    This exceptional 3,000 square foot development opportunity is located at 207 E Broad Street in the heart of historic downtown Texarkana, Arkansas, zip code 71854. The property, formerly known as The Klein Building, has been razed, leaving the original facade and main structure intact. This presents a unique chance to revitalize a piece of Texarkana's history while capitalizing on its prime location. The lot size is 3,000 square feet, offering ample space for a variety of development projects. Its central location provides excellent proximity to numerous restaurants, retail establishments, and courthouses, ensuring high visibility and accessibility. The property boasts a preserved historic facade, adding significant character and potential for a distinctive development. The vacant status allows for immediate commencement of construction or renovation, making this an attractive investment for developers seeking a high-impact project in a thriving downtown area. Street and sidewalk access are readily available. The asking price for this unique property is $40,000. This represents a significant opportunity to acquire a piece of Texarkana's history and contribute to its continued revitalization.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.07 ac (3,180 SF)
    APN 1013450
    UPID US05-1863717
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Rkm Properties LLC · 4 yrs held
    Rkm Properties LLC
    since 2022
    Last sale
    $50,000
    2 recorded transactions
    2022
    $50,000
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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