5902 Richmond Rd Texarkana, TX 75503
This exceptional 2.44-acre commercial land parcel, located at 5902 Richmond Rd, Texarkana, Texas 75503, presents a unique investment opportunity. Situated in Bowie County, this fee simple property boasts a prime location near Texas A&M University-Texarkana, placing it within a rapidly developing area of the city. The property's APN is 19712000200, and its zoning is UPDD, allowing for a variety of commercial development possibilities. The asking price is $449,900. Given its size and strategic location along Richmond Rd, this land offers significant potential for substantial returns. The property's proximity to Texas A&M University-Texarkana makes it an attractive site for businesses seeking to capitalize on the university's student population and associated growth. This is a rare opportunity to acquire a sizable commercial lot in a high-growth area of Texarkana, offering significant upside for future development. The property's location along Richmond Rd provides excellent visibility and accessibility, further enhancing its appeal to potential developers and investors. Don't miss this chance to secure a piece of Texarkana's burgeoning commercial landscape. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.