4824 Mcknight RdTexarkana, TX 75503

Property Details for 4824 Mcknight Rd

Year built

2016

Lot size

1.38 AC

Property size (Sq ft)

7,921 SF

Property type

Commercial real estate

APN

4953

APU

4953

Description

This exceptional 4.6-acre commercial land parcel is strategically located on McKnight Road in Texarkana, Texas, boasting unparalleled visibility and accessibility. The property, identified by APN 02620006901, is zoned O and presents a remarkable opportunity for a variety of commercial ventures. Situated between Christus Trinity Clinic and the new Pleasant Grove Deli, this site benefits from significant daily traffic flow along one of Texarkana's busiest thoroughfares. The property's prime location offers exceptional exposure to a large and diverse customer base. Its proximity to Pleasant Grove High School to the west and the major connector, Richmond Road, to the east, further enhances its strategic value and accessibility. This location is ideal for retail establishments, office spaces, or potential multi-family development projects, catering to the growing needs of the thriving Texarkana community. The asking price for this remarkable property is $450,846. The address is 4824 McKnight Rd, Texarkana, TX 75503. This is a rare opportunity to acquire a high-impact commercial property in a rapidly developing area. Don't miss out on this chance to establish your business in a location with exceptional visibility and growth potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,977,000

  6.5%

  $1,824,930

  7%

  $1,694,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,158,540

  Geo Method

  $566,589

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,632,590

  Retail / Commercial

  $1,855,000

  Mixed-Use / Specialty

  $1,842,250

  Hospitality / Lodging

  $1,343,620

  Office

  $1,824,930

  Institutional / Educational

  $1,913,010

  Residential Income

  $2,238,220

  Multifamily

  $2,718,380

  Automotive / Energy

  $1,639,720

  Parking / Income-Based Land

  $571,904

  Restaurant / Food Service

  $945,091

  Healthcare / Senior Housing

  $1,895,480

Location Insight

City

Texarkana

County

Bowie

State

Texas

Latitude

33.4652

Longitude

-94.1037

CBSA code

45500

CBSA name

TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].