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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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