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    6001 Summerhill Rd Texarkana, TX 75503
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    Property profile & analytics

    6001 Summerhill Rd Texarkana, TX 75503

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    • Commercial real estate
    • 9.54 lot acres
    Off-Market
    Property ID
    US82-3010901
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 6001 Summerhill Rd

    Lot size
    9.54 lot acres
    Property type
    Commercial real estate
    APN
    15520000402

    Description

    This exceptional 9.54-acre commercial land parcel presents a unique investment opportunity in Texarkana, Texas. Located just one mile north of Interstate 30, this property boasts an enviable location within city limits, offering unparalleled accessibility and visibility. The expansive lot features over 630 feet of frontage along the highly trafficked Summerhill Road, providing significant exposure for any development. The property's APN is 15520000402. Its strategic position near a major interstate makes it ideal for a wide range of commercial ventures, from retail and hospitality to industrial and logistics. The substantial lot size allows for ample space for large-scale projects or the potential for subdivision into smaller parcels. This prime location, combined with the significant road frontage, presents a rare opportunity to acquire a highly desirable commercial property in a thriving Texas market. The asking price for this exceptional land is $850,000. Serious inquiries are encouraged. This property is zoned for commercial use (verification of zoning with local authorities is recommended).

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.071070556837
    Latitude
    33.478567947318

    Comparable in this City

    • $48,000
      0.14 Acres

      Residential Lot in 55+ Community

      Residential lot in a secure, convenient 55+ community.
      10 E Enclave Cir, Texarkana, TX 75503
      View Details
    • $58,000
      0.31 Acres

      Residential Lot in 55+ Community

      Vacant lot in upscale 55+ community with modern utilities.
      6 E Enclave Cir, Texarkana, TX 75503
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    • $70,000
      0.57 Acres

      Residential Lot in Texarkana, TX

      Residential land available in Texarkana, Texas.
      32 Enclave Cir, Texarkana, TX 75503
      View Details
    • $1,100,000
      1.46 Acres

      Texarkana Land Ready for Development

      Unimproved 1.462-acre pad site near IH-30 and medical district.
      Cowhorn Creek Loop, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Interstate Land for Development

      43.54 acres of land visible from I-30.
      Hampton Rd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Interstate Visible Land Parcel

      22.55 acres of land suitable for multiple developments.
      7750 Hampton Rd, Texarkana, TX 75503
      View Details

    Similar Nearby for Sale

    • $48,000
      0.14 Acres

      Residential Lot in 55+ Community

      Residential lot in a secure, convenient 55+ community.
      10 E Enclave Cir, Texarkana, TX 75503
      View Details
    • $58,000
      0.31 Acres

      Residential Lot in 55+ Community

      Vacant lot in upscale 55+ community with modern utilities.
      6 E Enclave Cir, Texarkana, TX 75503
      View Details
    • $70,000
      0.57 Acres

      Residential Lot in Texarkana, TX

      Residential land available in Texarkana, Texas.
      32 Enclave Cir, Texarkana, TX 75503
      View Details
    • $1,100,000
      1.46 Acres

      Texarkana Land Ready for Development

      Unimproved 1.462-acre pad site near IH-30 and medical district.
      Cowhorn Creek Loop, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Interstate Land for Development

      43.54 acres of land visible from I-30.
      Hampton Rd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Interstate Visible Land Parcel

      22.55 acres of land suitable for multiple developments.
      7750 Hampton Rd, Texarkana, TX 75503
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Outparcel to Central Mall

      Land for lease adjacent to Central Mall retail anchors.
      4545 Cowhorn Creek Rd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Commercial Land Near Central Mall

      Outparcel to Central Mall in Texarkana's main retail area.
      3252 Kennedy Ln, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Commercial Land Near Central Mall

      Outparcel to Central Mall in Texarkana's main retail area.
      2400 Richmond Rd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Commercial Land Outparcel to Central Mall

      Commercial land for rent, outparcel to Central Mall.
      3321 Kennedy Ln, Texarkana, TX 75503
      View Details
    • $1,050 /Mo

      Land Available Near Interstate

      0.94 acres of land for rent near Interstate-30.
      Summerhill Rd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Commercial Land Outparcel to Central Mall

      Commercial land for rent, outparcel to Central Mall.
      3154 Kennedy Ln, Texarkana, TX 75503
      View Details
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    Texarkana, TX 75503
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    6001 Summerhill Rd, Texarkana, TX, 75503
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