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2998 University Ave
Texarkana, TX 75503
Vacant Land · Land For Sale · 1.00 AC

Investment Highlights

  • Positioned at the primary entrance to a newly constructed regional hospital with 24/7 emergency, surgical, and specialty services.
  • Located within a dominant retail corridor featuring Walmart, Target, Kohl’s, and multiple national tenants.
  • High-demand development zone benefiting from healthcare-related growth and proximity to major employers and lodging providers.
  • Direct frontage along University Avenue, adjacent to I-30, with visibility to over 45,500 vehicles daily.
  • Five-mile trade area includes 64,605 residents, $72,217 average household income, and $650.5M in annual consumer spending.

Executive Summary

This 1-acre commercial parcel offers a compelling opportunity within Texarkana’s most active growth corridor. Positioned at the front entrance of a major new hospital complex, the site ensures unparalleled visibility and immediate access to a steady flow of patients, visitors, and medical professionals. The hospital includes a 24/7 emergency department, expanded bed capacity, advanced orthopedic and cardiovascular services, neurosurgery, maternity care, and multiple outpatient specialties—creating a robust demand driver for retail, hospitality, and complementary medical services.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.00 AC
Zoning C-1 - Commercial

1 Lot Available

Lot

Lot Size 1.00 AC

1 AC Parcel located at the front entrance of a newly developed hospital.

Description

The property sits directly on University Avenue near the Interstate 30 interchange, benefiting from 45,500+ vehicles per day and convenient connectivity to the region’s primary transportation routes. Located within a thriving retail corridor anchored by national brands such as Walmart, Target, Hobby Lobby, Starbucks, and Academy Sports, this location offers proven consumer traffic and strong long-term growth fundamentals. With limited land opportunity in this corridor, the parcel is well-suited for retailers, QSR operators, hotels, or developers seeking to capitalize on the region’s expanding healthcare hub and surrounding economic development.

Property Taxes

Property Taxes

Parcel Number
82197
Land Assessment
$435,598
Improvements Assessment
$0
Total Assessment
$435,598
  • Listing ID: 40267948

  • Date on Market: 4/23/2026

  • Last Updated:

  • Address: 2998 University Ave, Texarkana, TX 75503

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