Gated Warehouse with Office
For Sale
$350,000
1008 Wood St., Texarkana, TX 75501
Commercial Sale, Texarkana, TX
Property Size4,800 SF
Lot Size0.64 Acres
Price / SF$72.92
Days on Market60
Property Features for 1008 Wood St.
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Subdivision
City/Triggs Addition
Directions
Traveling South on State line, turn right onto 10th street, right onto Wood St, Second warehouse on the right. Gated.
Standard status
Active
Size
4,800 SF
Lot size
0.64 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ductless
Water source
Public
Building Details
Year built
2015
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
eXp Realty, LLC- TX
(888) 519-7431
Listed By:
Valerie Solomon
(903) 278-6204
Added: Jul 2
Changed: Aug 28
Last Checked: Aug 30 at 3:06AM
MLS# 205436
Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,800-square-foot warehouse occupies a fenced, gated property in Texarkana. The metal-sided building was constructed in 2015 and includes concrete flooring, four 10-foot overhead garage doors, two private offices, and a restroom. Central heating, ductless cooling, a metal roof, public water, and public sewer support the facility’s everyday functionality.
Located at 1008 Wood St. in Texarkana, the property combines enclosed warehouse space with a secure outdoor area. The configuration accommodates equipment, trailers, fleet vehicles, and exterior storage, while the interior layout provides dedicated administrative space alongside the main work area. The improvements are suited to a range of warehouse and service-oriented operations.
Located at 1008 Wood St. in Texarkana, the property combines enclosed warehouse space with a secure outdoor area. The configuration accommodates equipment, trailers, fleet vehicles, and exterior storage, while the interior layout provides dedicated administrative space alongside the main work area. The improvements are suited to a range of warehouse and service-oriented operations.
Key Highlights
- 4,800‑square‑foot warehouse constructed in 2015
- Fenced and gated property with secure outdoor storage area
- Four 10‑foot overhead garage doors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,015
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$600,300
$600.3K
Cap Rate 7%
$428,786
$428.8K
Cap Rate 9%
$333,500
$333.5K
Market Conditions
NOI Build-Up for 4,800 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.6K $8.04/SF
− Vacancy
−$3.3K −$0.68/SF
EGI
$35.3K $7.36/SF
− OpEx
−$5.3K −$1.10/SF
NOI
$30.0K $6.25/SF
Area
Bowie County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$600,300
Cap Rate 7%
$428,786
Cap Rate 9%
$333,500
Alternative Uses
Best Use
Warehouse
$428.8K
$375.2K – $500.3K
NOI $30,015 @ 7.0% cap · market cap 8.58%
Second Best
Industrial
$353.1K
$309.0K – $412.0K
NOI $24,718 @ 7.0% cap · market cap 7.06%
Theoretical Best
Hotel Hospitality
$3.62M
$3.16M – $4.22M
NOI $253,080 @ 7.0% cap · market cap 72.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75501, TX
36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Metal-sided facility includes concrete flooring, two offices, and a restroom.
Where is this warehouse located?
The property is located at 1008 Wood St. Texarkana, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4,800‑square‑foot warehouse constructed in 2015; Fenced and gated property with secure outdoor storage area; Four 10‑foot overhead garage doors
