For Sale
$6,364,116

245 & Hwy 82Texarkana, AR 71854

24 Acres, Prime Location, 8 Lots Available

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 24.35-acre commercial land parcel presents a unique investment opportunity in a thriving area of Texarkana, Arkansas. Strategically located at the intersection of Loop 245 and Highway 82 East, this property offers unparalleled access and visibility. The land is divided into eight separately developable lots, ranging in size from 1.23 acres to 8.73 acres, providing flexibility for various development scenarios. All utilities are readily available, simplifying the construction process. The property's prime location boasts proximity to key infrastructure and businesses, including the Texarkana Regional Airport (approximately 1.5 miles away) and the Cooper Tire Manufacturing Facility (approximately 0.75 miles away). This makes it ideal for a wide range of commercial ventures, such as restaurants, hotels, fuel stations, retail establishments, banking facilities, or office complexes. The area is experiencing significant growth, further enhanced by the nearing completion of I-49 (I-549), promising increased traffic and accessibility. The asking price is $6,364,116, with land value ranging from $4 to $7 per square foot. This presents a compelling opportunity to capitalize on the burgeoning commercial landscape of Texarkana, Arkansas, in a location poised for continued expansion and prosperity. Miller County location and 71854 zip code.

Highlights

  • 8 developable lots, 1.23 to 8.73 acres each.
  • All utilities available; located in a high-growth area of Texarkana, AR.
  • 1.5 miles from Texarkana Regional Airport; 0.75 miles from Cooper Tire.
  • Ideal for restaurants, hotels, fuel stations, retail, banking, and office buildings.
  • Enhanced accessibility with nearing completion of I-49 (I-549).

Property Details for 245 & Hwy 82

Property type
Land
Lot Size (sq. ft)
1,060,686 SF

Location Insight

City
Texarkana
County
Miller
State
Arkansas
Latitude
33.444928
Longitude
-93.8858955
245 & Hwy 82, Texarkana, Arkansas

FAQs

What type of property is this?
Land - 24 Acres, Prime Location, 8 Lots Available
Where is the land located?
The property is located at 245 & Hwy 82 Texarkana, AR.
What is the asking price?
The asking price for this property is $6,364,116.
What are key features of this property?
This property features: 8 developable lots, 1.23 to 8.73 acres each.; All utilities available; located in a high-growth area of Texarkana, AR.; 1.5 miles from Texarkana Regional Airport; 0.75 miles from Cooper Tire.
How can I contact the broker?
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245 & Hwy 82
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