for sale - loopnet · worth (175 miles west) and little rock, ar (150 miles east) on i-30....

For Sale

0.51 acre lot ; fully paved

and ready to build.

Located at 2101 New

Boston Rd.

$49,900.00

6004 Summerfield Drive, Ste. B

Texarkana, Texas 75503

www.schimmingcompany.com

Phone: 903-794-3606

Fax: 903-793-1309

E-mail:

[email protected]

LANDON HUFFER , CCIM

EXECUTIVE BROKER

The above information was obtained from sources believed reliable; however, Schimming Company makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property for sale, rent or exchanges is submitted subject to

errors, omissions, change of price or conditions, prior sale or lease or withdrawal without notice.

I. AERIAL PHOTOGRAPH

II. CITY AND AREA INFORMATION

III. LOCATION MAPS & TRAFFIC COUNT MAP

IV. DEMOGRAPHICS

V. DISCLAIMER AGENCY DISCLOSURE

VI. BROKERAGE SERVICES

TABLE OF CONTENTS

2101 New Boston Road

Texarkana, TX

AERIAL

2101 New Boston Road

Texarkana, TX

CITY AND AREA INFORMATION

TEXARKANA,

USA: Texarkana, TX - Texarkana, AR MSA is a two-county region anchored by the twin cities

of Texarkana, Texas and Texarkana, Arkansas, and encompassing the surrounding

communities in Bowie County, Texas and Miller County, Arkansas. As of the 2010

census, the MSA had a population of 136,027.

Texarkana is a major transportation hub being centrally located between Dallas - Ft.

Worth (175 miles west) and Little Rock, AR (150 miles east) on I-30. Shreveport -

Bossier City, LA is located 75 miles south by partially completed I-49/Hwy 71.

Eventually I-49 will connect New Orleans, LA to Kansas City, MO going right through

Texarkana. The projected I-69 corridor would connect Laredo, TX to Houston, TX and

eventually to the Canadian border via Indianapolis and shows Texarkana as either part of

the primary route or as a spur. Other major transportation routes going through

Texarkana included US 59, US 67, US 71, US 82 and Texas State Hwy Loop 151 and

Arkansas Loop 245.

Multiple transportation projects have been completed to expand Texarkana’s capabilities

to handle the ever growing amount of traffic and to relieve strain on the I-30 exits and

frontage roads. The frontage roads on both the north and south sides of I-30 were

converted from two-way to one-way west on the north side of I-30 and one-way east on

the south side from the Nash, TX exit on the west side of Texarkana, TX to the Jefferson

St., exit in Texarkana, AR. This has relieved much of the congestion that has plagued

the frontage roads and various I-30 overpasses.

In the past few years, Texarkana has had a great deal of commercial activity particularly

with new hotel brands, numerous restaurants and retail activity. In recent years new

restaurants include On The Border, Olive Garden, Cracker Barrel, Outback Steakhouse,

Texas Roadhouse, Applebee’s, Longhorn Steakhouse, Red Lobster, McAlister’s,

Copeland’s, Buffalo Wild Wings, Genghis Grill and Ruby Tuesday’s. Hotels that have

recently located in Texarkana include Fairfield Inn & Suites by Marriott, Hampton Inn

and Suites, Holiday Inn Express, Candlewood Suites, TownePlace Suites by Marriott,

Comfort Suites, Country Inn & Suites and Courtyard by Marriott. The 20,000 square

foot Texarkana Convention Center, with a 12,000 square foot ballroom was completed in

October, 2012. The 25,000 square foot Arkansas Convention Center Texarkana,

completed in August 2013, is located in central Texarkana, right off I-30 and has a

10,000 square foot ballroom. Adjacent to the Arkansas Convention Center is Holiday

Springs Water Park. According to Forbes, Texarkana is predicted to increase 28.57% in

GMP in 2012 making Texarkana the second fastest growing small metro area in the

country. Texarkana is a regional hub for cities in Southwest Arkansas, Northeast Texas,

Northwest Louisiana and Southeast Oklahoma.

The new Texas A&M University at Texarkana (TAMU) located at Bringle Lake northwest of the subject

property will provide further growth opportunities for the Texarkana area. The 375 acre campus’ first

phase, a 42,000 sq. ft. Science & Technology Building was completed in 2008 and the new four story

183,000 sq. ft. University Center was completed in July, 2010.

TAMU-T Science and Technology Building and University Center


The new Arkansas Convention Center was completed in August 2013. Arkansas Convention Center offers luxurious accommodations, along with flexible meeting and gathering rooms to meet your

every need. Whether your event includes ten people or hundreds of people, Arkansas Convention Center will be the premier location to make the event memorable. Arkansas Convention Center is located in central Texarkana, right off I-30. It is easily accessible to dining, lodging and shopping in the Texarkana area.

Lake Wright Patman:

The U.S. Army Corps of Engineers maintains nine parks around Wright Patman Lake. These parks

provide lake access for boating, swimming and fishing as well as camping, picnicking, hiking,

equestrian trails and other outdoor activities. Atlanta State Park is also located on the south shore of

the lake. Surface area is 20,300 acres.

Lake Millwood:

Lake Millwood is mainly recognized for its beauty and fishing. There are 15 recreational parks around

the lake to provide campers with picnic areas, boat ramps, swimming areas, showers and restrooms.

Millwood is a superb place to fish, mainly due to its 35,000 acres (14,000 ha) of submerged timber

that make excellent homes for the many varieties of fish in the lake. Millwood has also been know as

one of the best bass fishing lakes in the United States. Every year it is home of many bass fishing

tournaments and fishing derbies, all in search of Millwood’s lunker largemouth bass.


AREA LAKES AND RECREATION

Golf Ranch:

The Texarkana Golf Ranch in Texarkana, Texas sits on the banks of the 600 acre Bringle Lake across

from Texas A&M University - Texarkana. Known as one of the premier championship golf courses in

the United States, Texarkana Golf Ranch layout has extraordinary 50” elevation changes and

breathtaking vistas. Host of many corporate and special events, including AJGA and Tightlies

Tournaments, Texarkana Golf Ranch is a golf course that will challenge the best of all touring

professionals while still providing fun.

Texarkana Country Club:

Texarkana Country Club began in 1914 with a nine-hole golf course with sand greens. The

membership chose the prestigious architectural firm of Langford and Moreau from Chicago to design

the current golf course in 1922. Mr. Langford is best know for his style of deep bunkers and sloping

greens. After a renovation in the spring of 2000, the challenging layout now measures 6,935 yards

from the championship tees but has definitely retained the flavor of its original design. Maintained in

“tournament condition” throughout the year, TCC has hosted numerous state amateur events. Other

events include the prestigious Mid-South Cup Matches, the National Youth Classic and six Ben Hogan/

Nike Tour events for the PGA tour. Our cherished history includes golfing legend Byron Nelson who

served as Club Pro in 1934 prior to his outstanding career on the PGA Tour. Mr. Nelson would always

practice on the TCC track prior to the Masters tournament referring to it as “Little Augusta” due to the

many similarities between the courses.



North Ridge Country Club:

Nestled on 160 secluded acres of gentle rolling hills and surrounded by statuesque pines and

hardwoods, Northridge Country Club’s recently renovated 6,525 yard par 71 golf course proves to

be challenging for all levels of golfers. Dramatic elevation changes, dogleg fairways and several

lakes and creeks coming in to play combine to make the course demand accurate shots off the tee.



REGIONAL MAP

Texarkana is the hub of Northeast Texas, Southwest Arkansas, Northwest Louisiana, and Southeast

Oklahoma. Texarkana lies on Interstate 30 halfway between Dallas and Little Rock, on Interstate 49 corridor

halfway between new Orleans and Kansas City, and on Interstate 69 corridor about a third of the way

between Brownsville, Texas and Canada. Both Interstates 49 and 69 are designated NAFTA highways.

Demographic and Income Profile2101 New Boston Rd, Texarkana, Texas, 75501 Prepared by EsriRing: 1 mile radius Latitude: 33.43482

Longitude: -94.06704

Summary Census 2010 2016 2021Population 7,188 7,708 8,009Households 2,875 3,061 3,169Families 1,637 1,728 1,782Average Household Size 2.45 2.47 2.48Owner Occupied Housing Units 940 922 960Renter Occupied Housing Units 1,935 2,139 2,209Median Age 32.0 32.9 33.9

Trends: 2016 - 2021 Annual Rate Area State NationalPopulation 0.77% 1.63% 0.84%Households 0.70% 1.58% 0.79%Families 0.62% 1.52% 0.72%Owner HHs 0.81% 1.52% 0.73%Median Household Income 0.33% 1.86% 1.86%

2016 2021 Households by Income Number Percent Number Percent

<$15,000 1,154 37.7% 1,193 37.6%$15,000 - $24,999 647 21.1% 640 20.2%$25,000 - $34,999 406 13.3% 547 17.3%$35,000 - $49,999 411 13.4% 355 11.2%$50,000 - $74,999 237 7.7% 185 5.8%$75,000 - $99,999 132 4.3% 165 5.2%$100,000 - $149,999 56 1.8% 65 2.1%$150,000 - $199,999 11 0.4% 11 0.3%$200,000+ 8 0.3% 8 0.3%

Median Household Income $19,679 $20,010Average Household Income $28,972 $29,663Per Capita Income $11,689 $11,910

Census 2010 2016 2021 Population by Age Number Percent Number Percent Number Percent

0 - 4 653 9.1% 685 8.9% 725 9.1%5 - 9 525 7.3% 578 7.5% 592 7.4%10 - 14 553 7.7% 532 6.9% 535 6.7%15 - 19 600 8.3% 571 7.4% 511 6.4%20 - 24 569 7.9% 621 8.1% 633 7.9%25 - 34 996 13.9% 1,084 14.1% 1,127 14.1%35 - 44 796 11.1% 872 11.3% 938 11.7%45 - 54 925 12.9% 884 11.5% 820 10.2%55 - 64 792 11.0% 923 12.0% 986 12.3%65 - 74 421 5.9% 576 7.5% 697 8.7%75 - 84 246 3.4% 255 3.3% 324 4.0%

85+ 111 1.5% 124 1.6% 120 1.5%Census 2010 2016 2021

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 1,541 21.4% 1,496 19.4% 1,446 18.1%Black Alone 4,888 68.0% 5,254 68.2% 5,450 68.0%American Indian Alone 41 0.6% 47 0.6% 48 0.6%Asian Alone 24 0.3% 34 0.4% 43 0.5%Pacific Islander Alone 4 0.1% 5 0.1% 6 0.1%Some Other Race Alone 476 6.6% 597 7.7% 686 8.6%Two or More Races 214 3.0% 275 3.6% 331 4.1%

Hispanic Origin (Any Race) 748 10.4% 940 12.2% 1,070 13.4%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

July 06, 2016

©2016 Esri Page 1 of 6



AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent)

1.8

1.6

1.4

1.2

1

0.8

0.6

0.4

0.2

0Population Households Families Owner HHs Median HH Income

20162021

Population by AgePopulation by Age

Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2016 Household Income 2016 Household Income

<$15K37.7%

$15K - $24K21.1%

$25K - $34K13.3% $35K - $49K

13.4%

$50K - $74K7.7%

$75K - $99K4.3%

$100K - $149K1.8%

$150K - $199K0.4%

$200K+0.3%

2016 Population by Race2016 Population by Race

Perc

ent

65605550454035302520151050

White Black Am. Ind. Asian Pacific Other Two+

2016 Percent Hispanic Origin: 12.2%


July 06, 2016




Summary Census 2010 2016 2021Population 46,692 46,830 47,018Households 18,521 18,603 18,701Families 11,311 11,186 11,156Average Household Size 2.38 2.38 2.38Owner Occupied Housing Units 8,893 8,278 8,227Renter Occupied Housing Units 9,628 10,324 10,474Median Age 34.3 35.1 35.7

Trends: 2016 - 2021 Annual Rate Area State NationalPopulation 0.08% 1.63% 0.84%Households 0.11% 1.58% 0.79%Families -0.05% 1.52% 0.72%Owner HHs -0.12% 1.52% 0.73%Median Household Income -0.64% 1.86% 1.86%


<$15,000 4,041 21.7% 4,142 22.1%$15,000 - $24,999 3,071 16.5% 3,142 16.8%$25,000 - $34,999 2,340 12.6% 2,434 13.0%$35,000 - $49,999 2,879 15.5% 2,454 13.1%$50,000 - $74,999 3,011 16.2% 2,713 14.5%$75,000 - $99,999 1,487 8.0% 1,788 9.6%$100,000 - $149,999 1,268 6.8% 1,456 7.8%$150,000 - $199,999 256 1.4% 298 1.6%$200,000+ 250 1.3% 274 1.5%



0 - 4 3,614 7.7% 3,470 7.4% 3,482 7.4%5 - 9 3,242 6.9% 3,115 6.7% 3,090 6.6%10 - 14 3,180 6.8% 3,016 6.4% 2,911 6.2%15 - 19 3,324 7.1% 3,169 6.8% 2,988 6.4%20 - 24 3,532 7.6% 3,610 7.7% 3,537 7.5%25 - 34 6,883 14.7% 6,975 14.9% 7,065 15.0%35 - 44 5,759 12.3% 5,811 12.4% 5,899 12.5%45 - 54 6,042 12.9% 5,585 11.9% 5,247 11.2%55 - 64 4,981 10.7% 5,330 11.4% 5,352 11.4%65 - 74 2,972 6.4% 3,647 7.8% 4,136 8.8%75 - 84 2,114 4.5% 2,031 4.3% 2,286 4.9%

85+ 1,049 2.2% 1,073 2.3% 1,025 2.2%Census 2010 2016 2021

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 23,695 50.7% 22,382 47.8% 21,650 46.0%Black Alone 19,660 42.1% 20,201 43.1% 20,534 43.7%American Indian Alone 243 0.5% 270 0.6% 276 0.6%Asian Alone 408 0.9% 563 1.2% 707 1.5%Pacific Islander Alone 22 0.0% 33 0.1% 37 0.1%Some Other Race Alone 1,556 3.3% 1,994 4.3% 2,240 4.8%Two or More Races 1,109 2.4% 1,387 3.0% 1,574 3.3%

Hispanic Origin (Any Race) 2,862 6.1% 3,662 7.8% 4,049 8.6%Data Note: Income is expressed in current dollars.


July 06, 2016




AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent) 1.5

1

0.5

0

-0.5

Population Households Families Owner HHs Median HH Income

20162021


Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K21.7%

$15K - $24K16.5%

$25K - $34K12.6%

$35K - $49K15.5%

$50K - $74K16.2%

$75K - $99K8.0%

$100K - $149K6.8%

$150K - $199K1.4%

$200K+1.3%


Perc

ent

45

40

35

30

25

20

15

10

5

White Black Am. Ind. Asian Pacific Other Two+



July 06, 2016




Summary Census 2010 2016 2021Population 76,371 76,966 77,619Households 29,787 30,320 30,659Families 19,079 19,162 19,246Average Household Size 2.41 2.40 2.39Owner Occupied Housing Units 16,136 15,458 15,522Renter Occupied Housing Units 13,651 14,862 15,136Median Age 36.0 36.9 37.7

Trends: 2016 - 2021 Annual Rate Area State NationalPopulation 0.17% 1.63% 0.84%Households 0.22% 1.58% 0.79%Families 0.09% 1.52% 0.72%Owner HHs 0.08% 1.52% 0.73%Median Household Income 0.37% 1.86% 1.86%


<$15,000 5,911 19.5% 6,054 19.8%$15,000 - $24,999 4,166 13.7% 4,305 14.0%$25,000 - $34,999 3,450 11.4% 3,476 11.3%$35,000 - $49,999 4,494 14.8% 3,651 11.9%$50,000 - $74,999 5,082 16.8% 4,648 15.2%$75,000 - $99,999 2,933 9.7% 3,517 11.5%$100,000 - $149,999 2,822 9.3% 3,335 10.9%$150,000 - $199,999 727 2.4% 856 2.8%$200,000+ 729 2.4% 811 2.6%



0 - 4 5,519 7.2% 5,329 6.9% 5,321 6.9%5 - 9 5,226 6.8% 4,981 6.5% 4,943 6.4%10 - 14 5,047 6.6% 4,950 6.4% 4,783 6.2%15 - 19 5,207 6.8% 4,920 6.4% 4,794 6.2%20 - 24 5,220 6.8% 5,384 7.0% 5,138 6.6%25 - 34 10,930 14.3% 10,987 14.3% 11,100 14.3%35 - 44 9,817 12.9% 9,837 12.8% 10,025 12.9%45 - 54 10,310 13.5% 9,567 12.4% 9,110 11.7%55 - 64 8,650 11.3% 9,198 12.0% 9,218 11.9%65 - 74 5,224 6.8% 6,524 8.5% 7,392 9.5%75 - 84 3,531 4.6% 3,492 4.5% 4,039 5.2%

85+ 1,693 2.2% 1,798 2.3% 1,756 2.3%Census 2010 2016 2021

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 44,506 58.3% 42,953 55.8% 42,140 54.3%Black Alone 26,738 35.0% 27,457 35.7% 27,950 36.0%American Indian Alone 471 0.6% 517 0.7% 536 0.7%Asian Alone 707 0.9% 1,013 1.3% 1,302 1.7%Pacific Islander Alone 42 0.1% 63 0.1% 73 0.1%Some Other Race Alone 2,201 2.9% 2,821 3.7% 3,192 4.1%Two or More Races 1,706 2.2% 2,143 2.8% 2,425 3.1%

Hispanic Origin (Any Race) 4,500 5.9% 5,713 7.4% 6,350 8.2%Data Note: Income is expressed in current dollars.


July 06, 2016




AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent)

1.8

1.6

1.4

1.2

1

0.8

0.6

0.4

0.2

0Population Households Families Owner HHs Median HH Income

20162021


Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K19.5%

$15K - $24K13.7%

$25K - $34K11.4%

$35K - $49K14.8%

$50K - $74K16.8%

$75K - $99K9.7%

$100K - $149K9.3%

$150K - $199K2.4%

$200K+2.4%


Perc

ent

55

50

45

40

35

30

25

20

15

10

5

0White Black Am. Ind. Asian Pacific Other Two+



July 06, 2016


for sale - loopnet · worth (175 miles west) and little rock, ar (150 miles east) on i-30....

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