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    405 E 51St St Texarkana, AR 71854

    For Sale
    $660,000

    COMMERCIAL - Texarkana, AR

    Property size:
    4,024 SF
    Lot size:
    0.60 Acres
    Days on Market:
    12
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 405 E 51St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Parking
    20
    Size
    4,024 SF
    Lot size
    0.60 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete, Tile
    Building materials
    Brick
    Roof type
    Built-Up

    MLM Real Estate

    Listing agent Dan Butler (870) 779-8000

    Listing date Dec 2, 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

    Restaurant Property with I-30 Exposure

    This commercial property, suitable for restaurants and retail, is located in Texarkana, Arkansas. The property has I-30 exposure and is situated next to IHOP. It features a fully operational kitchen and encompasses a total area of 4024 square feet on a 0.6-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.0379505
    Latitude
    33.4710184

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    FAQs

    What type of property is this?
    Turn key restaurant - Turn-key restaurant with full kitchen and high-traffic location.
    Where is this turn key restaurant located?
    The property is located at 405 E 51St St Texarkana, AR.
    What is the asking price?
    The asking price for this property is $660,000.
    What are key features of this property?
    This property features: - High visibility I-30 exposure.; - Located next to IHOP.; - Full operational kitchen.
    (870) 779-8000
    Request Owner's contact information
    405 E 51St St Texarkana, AR 71854
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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
    405 E 51St St Texarkana, AR 71854
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