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    7201 N Kings Hwy Texarkana, TX 75503
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    7201 N Kings Hwy Texarkana, TX 75503

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    • Commercial land
    For Sale
    $489,000
    View Listing →
    Texarkana Land with Development Potential For Sale
    $489,000

    Texarkana Land with Development Potential

    5.23-acre parcel suitable for retail or multi-family development.

    7201 N Kings Hwy, Texarkana, TX 75503
    View Listing
    Property ID
    US82-4320551
    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 land

    Property Details for 7201 N Kings Hwy

    Property type
    Commercial land
    Property subtype
    Residential land & home lots

    Description

    This land can be bought in part OR all. Approximate 5.23-acre parcel on N Kings Hwy in Texarkana, TX, situated at the entrance of a residential subdivision. This property features a 1,584 square foot house and offers excellent potential for both retail and multi-family development. Located in the highly sought-after Pleasant Grove area, this land benefits from high visibility and traffic, as N Kings Hwy connects to Richmond Road, one of the most traveled routes in the Texarkana metroplex!

    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
    -94.134209
    Latitude
    33.480738

    Comparable in this City

    • $58,000
      0.47 Acres

      Residential Lot in 55+ Community

      Upscale vacant lot in a secure, convenient 55+ community.
      4 E 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
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    • Contact for pricing

      Interstate Visible Land Parcel

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

      1.83-Acre Lot for Development

      1.83-acre lot ideal for retail, office, or multi-family development.
      4400 Moores Ln, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Texarkana Land Near Interstate 30

      65.16 acres of land near Interstate 30 in Texarkana.
      6335 Gibson Ln, Texarkana, TX 75503
      View Details

    Similar Nearby for Sale

    • $58,000
      0.47 Acres

      Residential Lot in 55+ Community

      Upscale vacant lot in a secure, convenient 55+ community.
      4 E 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
    • Contact for pricing

      1.83-Acre Lot for Development

      1.83-acre lot ideal for retail, office, or multi-family development.
      4400 Moores Ln, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Texarkana Land Near Interstate 30

      65.16 acres of land near Interstate 30 in Texarkana.
      6335 Gibson Ln, 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 Outparcel to Central Mall

      Commercial land for rent, outparcel to Central Mall.
      3154 Kennedy Ln, 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
    • 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
    • $861 /Mo
      1,722 SF

      Texarkana Retail or Office Space

      Retail or office space available for rent in Texarkana.
      3905 New Boston Rd, Texarkana, TX 75503
      View Details
    View Listing
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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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