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    1367 Sherwood Forest Dr Texarkana, TX 75501

    Sponsored
    For Sale
    $90,000

    COMMERCIAL - Texarkana, TX

    Property size:
    2,694 SF
    Lot size:
    1.55 Acres
    Days on Market:
    23
    Last Refresh:
    Jan 8 at 10:06 pm

    Property Features for 1367 Sherwood Forest Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Size
    2,694 SF
    Lot size
    1.55 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    2006
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Metal Siding
    Roof type
    Metal

    MLM Real Estate

    Listing agent Daniel Linn (903) 733-2348

    Listing date Dec 17, 2025

    Copyright © 2025 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.

    Overview

    Texarkana Lake-Area Commercial Opportunity

    Located approximately one mile from Lake Wright Patman in Texarkana, TX, this 1.55-acre property features a 2,694 square foot metal building, presenting a versatile opportunity. The structure, previously a fish and seafood restaurant, has been fully gutted, offering a blank canvas for a custom interior build-out. The property is currently zoned residential but has historically been used for commercial purposes. The acreage allows room for parking, outdoor space, or future expansion, making it suited for a variety of potential uses subject to approvals. With close proximity to lake recreation, boating traffic, and local amenities, this property offers potential for an owner-user, investor, or redevelopment buyer seeking flexibility and visibility in a lake-area market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Wholesale Shop Hotel & Motel Storage Facility Convenience Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.1512203
    Latitude
    33.3530974

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    FAQs

    What type of property is this?
    Restaurant - 1.55-acre property near Lake Wright Patman with commercial potential.
    Where is this restaurant located?
    The property is located at 1367 Sherwood Forest Dr Texarkana, TX.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: - Large 2,694 sq ft metal building, gutted and ready for custom build-out.; - Located approximately one mile from Lake Wright Patman.; - Generous 1.55-acre lot allows for parking, outdoor space, or expansion.
    (903) 733-2348
    Request Owner's contact information
    1367 Sherwood Forest Dr Texarkana, TX 75501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1367 Sherwood Forest Dr Texarkana, TX 75501
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