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    2415 Arkansas Blvd Texarkana, AR 71854

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    For Sale
    $550,000

    Turnkey restaurant opportunity with high visibility on Arkansas Boulevard.

    Property size:
    5,744 SF

    Property Features for 2415 Arkansas Blvd

    General Information

    Size
    5,744 SF

    Building Details

    Year built
    1992

    Source: Steven Harvey Agent Steven Harvey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Equipped Restaurant Space For Sale

    This former Pelican Fish & Seafood restaurant is available for purchase in Texarkana, Arkansas. The property features approximately 5,744 square feet of fully equipped dining space. Situated on Arkansas Boulevard, the location benefits from high visibility and traffic. The surrounding area includes businesses such as The Dapper at Park Place, Chicken Express, and Dollar General. The property is located on Arkansas Boulevard between Mount Grove Baptist Church and Dollar General in Texarkana, AR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Redwoods Grill & Bar Restaurant Pelican Fish & Seafood Seafood Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    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
    -94.01613
    Latitude
    33.460603

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant opportunity with high visibility on Arkansas Boulevard.
    Where is this restaurant located?
    The property is located at 2415 Arkansas Blvd Texarkana, AR.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - High-traffic location on Arkansas Blvd with excellent visibility.; - Fully equipped 5,744 sq ft restaurant space ready for operation.; - Former Pelican Fish & Seafood restaurant location.
    (903) 280-6138
    Request Owner's contact information
    2415 Arkansas Blvd 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
    2415 Arkansas Blvd Texarkana, AR 71854
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