3113 Richmond RdTexarkana, TX 75503
- Commercial real estate
- 3,292 SF
Property Details for 3113 Richmond Rd
- Year built
- 1993
- Lot size
- 1.64 AC
- Property size (Sq ft)
- 3,292 SF
- Property type
- Commercial real estate
- APN
- 4955
- APU
- 4955
Description
This exceptional 2.55-acre commercial property, located at 3113 Richmond Rd in Texarkana, Texas, presents a remarkable investment opportunity. Zoned for general retail, this land boasts a prime location along the Richmond Rd retail corridor, ensuring high visibility and accessibility. The property features excellent road frontage and benefits from a substantial daily traffic volume of 19,764 vehicles. Its strategic position offers easy access to major thoroughfares, including Interstate 30 (less than one mile away), and a thriving customer base in the Texarkana area. The site's previous use as a banking location further underscores its high-traffic potential. This corner lot is surrounded by established retail businesses, including Kohl's, Target, and Boot Barn, creating a synergistic environment for commercial or mixed-use development. The property includes one existing building suitable for executive office use. The asking price is $2,645,000. This is an ideal location for businesses seeking high visibility and convenient access to a robust consumer market. The 75503 zip code ensures a strong local presence within a well-established commercial area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $829,830
- Hospitality
- $760,120
- Educational
- $632,411
- Medical
- $654,160
- Retail
- $983,750
Location Insight
- City
- Texarkana
- County
- Bowie
- State
- Texas
- Latitude
- 33.4641
- Longitude
- -94.0948
- CBSA code
- 45500
- CBSA name
- TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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