Automotive Service and Office
802 Texas Blvd. Texarkana, TX 75501
For Sale
$225,000
COMMERCIAL - Texarkana, TX
Property Size1,176 SF
Lot Size0.52 Acres
Price / SF$191.33
Days on Market48
Property Features for 802 Texas Blvd.
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 20
- Standard status
- Active
- Size
- 1,176 SF
- Lot size
- 0.52 Acres
Utilities
- Sewer type
- Private Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Carpet, Concrete
- Building materials
- Block, Brick, Metal Siding
Listing Agency:
Griffin Realtors
(870) 774-6101
Listed By:
Mark Wurtele
(903) 277-6665
Added: Jun 10
Changed: Jul 9
Last Checked: Jul 27 at 7:06AM
MLS# 205236
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 for-sale flex property combines heated office/showroom space with automotive service infrastructure. The building includes three private offices, a reception area, and one restroom, along with three mechanic bays featuring roll-up doors for vehicle or equipment service. The site sits on a 0.52-acre corner lot and includes a new 6-foot chain-link fence with gated rear access, supporting added security and practical storage flexibility.
The property is positioned at the northeast corner of Texas Blvd. and Martin Luther King Jr. Blvd., providing prominent street exposure. Public remarks note approximately 12,090 vehicles per day on Martin Luther King Jr. Blvd. and approximately 4,970 vehicles per day on Texas Blvd., supporting visibility for signage and customer-facing operations. A spacious lot also supports vehicle display, parking, and on-site storage needs.
With its mix of customer-facing office space and roll-up bay access, the property can suit a range of automotive, equipment, or service-related users, as well as retail or professional operations that benefit from dedicated bays and flexible site use. It was formerly operated as a car lot, aligning well with applications that require vehicle visibility, workflow access, and a functional setup for service and sales activities.
The property is positioned at the northeast corner of Texas Blvd. and Martin Luther King Jr. Blvd., providing prominent street exposure. Public remarks note approximately 12,090 vehicles per day on Martin Luther King Jr. Blvd. and approximately 4,970 vehicles per day on Texas Blvd., supporting visibility for signage and customer-facing operations. A spacious lot also supports vehicle display, parking, and on-site storage needs.
With its mix of customer-facing office space and roll-up bay access, the property can suit a range of automotive, equipment, or service-related users, as well as retail or professional operations that benefit from dedicated bays and flexible site use. It was formerly operated as a car lot, aligning well with applications that require vehicle visibility, workflow access, and a functional setup for service and sales activities.
Key Highlights
- 1,176 SF heated office/showroom area with three private offices, a reception area, and one restroom
- Three mechanic bays with roll‑up doors for automotive, equipment, or service‑related operations
- 0.52‑acre corner lot with space for vehicle display, customer parking, and storage
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 | $36.1k | $30.72 |
| − Vacancy | −$9.9k | −$8.42 |
| EGI | $26.2k | $22.30 |
| − OpEx | −$6.6k | −$5.58 |
| NOI | $19.7k | $16.73 |
1,176 SF · lease $30.72/SF/yr · vacancy 27.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$281.0K
$245.9K – $327.9K
NOI $19,671 @ 7.0% cap · market cap 8.74%
Second Best
Retail
$278.9K
$244.0K – $325.3K
NOI $19,520 @ 7.0% cap · market cap 8.68%
Theoretical Best
Hotel Hospitality
$885.8K
$775.1K – $1.03M
NOI $62,005 @ 7.0% cap · market cap 27.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Christian Construction Company
General Contractor
Similar Off Market Nearby
- MAC SMOKED TURKEYLEGS LLC — 1702 New Boston Rd, Texarkana, TX 75501
- Chef on the Run — 217 W Broad St, Texarkana, TX 75501
FAQs
What type of property is this?
Flex space - Corner property with heated office/showroom space and three roll-up mechanic bays for automotive and service operations.
Where is this flex space located?
The property is located at 802 Texas Blvd. Texarkana, TX.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1,176 SF heated office/showroom area with three private offices, a reception area, and one restroom; Three mechanic bays with roll‑up doors for automotive, equipment, or service‑related operations; 0.52‑acre corner lot with space for vehicle display, customer parking, and storage
