Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1514 Arkansas Blvd Texarkana, AR 71854

    View on Map
    Sponsored
    For Sale
    $985,000

    COMMERCIAL - Texarkana, AR

    Property size:
    10,126 SF
    Lot size:
    1.76 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 18 at 8:06 pm

    Property Features for 1514 Arkansas Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Size
    10,126 SF
    Lot size
    1.76 Acres

    Building Details

    Year built
    1997
    Number of units
    1

    We can help!

    Listing Contact
    Dan Butler
    Dan Butler

    MLM Real Estate

    Listing agent Dan Butler (870) 779-8000

    Listing date Mar 18, 2026

    MLS# 204490

    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.

    Learn more

    Property Insight Report

    Overview

    Updated Commercial Property in Texarkana

    This expansive commercial property, located in Texarkana, AR, offers over 10,000 square feet of space. The property, situated on a 1.76-acre lot, features a blend of functionality and style. Key areas have been recently updated. The space includes a full kitchen, spacious walk-in coolers, and a dining area suitable for use as a meeting hall or a small restaurant. The opposite wing of the building features a remodeled office suite, ideal for a range of professional needs. The property is suitable for restaurants, office units, office properties and spaces, and other commercial real estate ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    Tombo's Bar BQ & Catering

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.0266304
    Latitude
    33.4603004

    Nearby Similar for Sale

    • $375,900
      4,800 SF

      New Metal Building in Texarkana

      New 4,800 SF metal building on 1.11 acres.
      2115 E Broad St, Texarkana, AR 71854
      View Details
    • $625,000
      9,605 SF

      Texarkana Restaurant with Fixtures Included

      Remodeled restaurant for sale with equipment on 1.78 acres.
      2905 Arkansas Blvd, Texarkana, AR 71854
      View Details
    • $650,000
      2,840 SF

      Texarkana Convenience Store Opportunity

      High-performing convenience store in a prime commercial area.
      2410 N State Line Ave, Texarkana, AR 71854
      View Details
    • $530,000
      1,527 SF

      Texarkana Gas Station with Store

      Remodeled gas station with convenience store and pizza machines.
      2700 E 9Th St, Texarkana, AR 71854
      View Details
    • $365,000
      2,310 SF

      Texarkana Office Space For Sale

      Office space for sale or lease in Texarkana, Arkansas.
      702 Arkansas Blvd, Texarkana, AR 71854
      View Details
    • $274,500
      4,961 SF

      Texarkana Commercial Property For Sale

      Commercial property with restaurant and rental income on busy street.
      934 N State Line Ave, Texarkana, AR 71854
      View Details
    • $660,000
      4,024 SF

      Restaurant Property with I-30 Exposure

      Turn-key restaurant with full kitchen and high-traffic location.
      405 E 51St St, Texarkana, AR 71854
      View Details
    • $280,000
      6,379 SF

      Texarkana Commercial Building For Sale

      Versatile 6,379 sq ft building on 0.94 acres.
      507 Hickory St, Texarkana, AR 71854
      View Details
    • $329,000
      14,335 SF

      Texarkana Commercial Property For Sale

      Retail and office space available with existing tenants.
      100 East St, Texarkana, AR 71854
      View Details
    • New
      $217,900
      2,277 SF

      Texarkana Commercial Retail Space

      Retail space available for sale in Texarkana, Arkansas.
      610 Laurel St, Texarkana, AR 71854
      View Details
    • $450,000
      1,860 SF

      Texarkana Gas Station Opportunity

      Gas station for sale in high-traffic Texarkana location.
      2404 N State Line Ave, Texarkana, AR 71854
      View Details
    • $464,900
      4,180 SF

      Spacious Ranch with Workshop Garages

      Immaculately maintained ranch with dual living spaces and workshop garages.
      4808 Country Rd, Texarkana, AR 71854
      View Details

    FAQs

    What type of property is this?
    Restaurant - Spacious commercial property with updated kitchen and office suite.
    Where is this restaurant located?
    The property is located at 1514 Arkansas Blvd Texarkana, AR.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - Expansive 10,000+ sq ft commercial property; - Features a full kitchen and spacious walk-in coolers; - Includes a dining area suitable for meeting hall or restaurant use
    (870) 779-8000
    Request Owner's contact information
    1514 Arkansas Blvd Texarkana, AR 71854
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1514 Arkansas Blvd
    Texarkana, AR 71854
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1514 Arkansas Blvd Texarkana, AR 71854
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dan Butler
    Dan Butler
    Real Estate License ID: 462783
    (870) 779-8000 (903) 748-4701
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!