603 New Boston RdNash, TX 75569

  • Commercial real estate
  • 3,764 SF
For Sale
$869,000 View listing

Property Details for 603 New Boston Rd

Lot size
0.87 AC
Property size (Sq ft)
3,764 SF
Property type
Commercial real estate
APN
41889
APU
41889

Description

This exceptional 32.06-acre tract in Nash, Texas, presents a remarkable investment opportunity for developers seeking mixed-use potential. Located on East New Boston Road, this property boasts impressive visibility and accessibility, with a daily traffic count of 11,356 vehicles. The expansive land area offers significant flexibility for a variety of development projects, including multifamily residential, retail spaces, or commercial office buildings. The property is currently vacant and zoned for mixed use, allowing for diverse development options. Furthermore, the land is divisible, offering the potential for smaller-scale development or individual lot sales. Water and sewer access are readily available at the property's frontage, simplifying infrastructure development. This prime location is situated in a high-growth area, making it an ideal investment for long-term appreciation. The asking price is $869,000 for the entire 1,399,419 square foot parcel. The property's strategic location and zoning flexibility make it a compelling opportunity for investors seeking significant returns in a thriving Texas market. Rezoning possibilities exist to further tailor the property to specific development plans. This is a rare chance to acquire a substantial land parcel with immense potential in a rapidly developing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $948,809
    Hospitality
    $869,104
    Educational
    $723,084
    Medical
    $747,952
    Retail
    $1,124,798

Location Insight

City
Nash
County
Bowie
State
Texas
Latitude
33.4432
Longitude
-94.1212
CBSA code
45500
CBSA name
TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,582
$26,100
$103,842
$129,942
-
$26,100
$103,842
$129,942

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].