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    Medical Office Building with Rear Offices Title is generated by Realmo AI

    4622 MCKNIGHT RD, Texarkana, TX 75503

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    Claim this Listing
    New
    For Sale
    $2,300,000

    COMMERCIAL - Texarkana, TX

    Property size:
    7,747 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $296/SF
    Added:
    Jun 27, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 27 at 12:06 pm

    Property Features for 4622 MCKNIGHT RD

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    6
    Rooms
    Bathroom 6, Bathroom 2, Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 5
    Standard status
    Active
    Size
    7,747 SF
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1979
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Tile - Ceramic
    Building materials
    Brick

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    Doris Morris
    Doris Morris

    Listing agent Doris Morris License #AR PB00044074 TX 4136054

    Listing office Doris Morris 3500 Olive, Texarkana, TX

    Listing date Jun 27, 2026

    MLS# 202074

    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.

    HighLights

    • Approx. 7,747 SF building currently occupied by a dentist office in the heart of Pleasant Grove
    • Rear office area available with approx. 3,000 SF
    • Brick construction with tile - ceramic flooring
    • Central heating and central air with electric (heating) and electric cooling systems
    • Public sewer service

    Overview

    This property is a 7,747-square-foot medical office building currently occupied by a dentist office. In addition to the existing front portion, rear offices are available totaling 3,000 square feet. The building is described as well managed and in excellent condition, with the existing configuration supporting day-to-day patient and administrative use.

    Located at 4622 McKnight Rd in Texarkana, Texas, the property is positioned in the heart of Pleasant Grove. The seller highlights exceptional visibility, which can be a practical consideration for medical practices and professional service tenants looking for clear customer approachability.

    For buyers or operators seeking an office asset with established medical use, this layout provides an immediately functional front component alongside the opportunity to occupy or reconfigure the rear office area. The availability of rear offices may also support expansion, phased occupancy, or separate space planning within the same building, while the overall condition and management continuity may help reduce near-term operational disruptions.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $238.0k $30.72
    − Vacancy −$65.2k −$8.42
    EGI $172.8k $22.30
    − OpEx −$43.2k −$5.58
    NOI $129.6k $16.73
    7,747 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.85M
    $1.62M – $2.16M (±1% cap)
    NOI $129,584 @ 7.0% cap · market cap 5.63%
    Second Best
    Healthcare Medical
    $1.46M
    $1.28M – $1.70M (±1% cap)
    NOI $102,097 @ 7.0% cap · market cap 4.44%
    Theoretical Best
    Hotel Hospitality
    $5.84M
    $5.11M – $6.81M (±1% cap)
    NOI $408,461 @ 7.0% cap · market cap 17.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Pleasant Grove Animal Hospital — 4307 McKnight Rd, Texarkana, TX 75503

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.1004705
    Latitude
    33.4649901

    FAQs

    What type of property is this?
    Medical Office Space - Dentist-occupied building offers available rear office space, with exceptional visibility and well-maintained condition.
    Where is this medical office space located?
    The property is located at 4622 MCKNIGHT RD Texarkana, TX.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: Approx. 7,747 SF building currently occupied by a dentist office in the heart of Pleasant Grove; Rear office area available with approx. 3,000 SF; Brick construction with tile - ceramic flooring
    More about this property
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