Retail Property in Texarkana,
For Sale
Contact for pricing
1615 New Boston Rd, Texarkana, TX
Retail property available for sale in Texarkana, Texas.
Property Size1,800 SF
Lot Size0.45 Acres
Price / SF$261.11
Days on Market548
Property Features for 1615 New Boston Rd
General Information
Standard status
Active
Size
1,800 SF
Lot size
0.45 Acres
Property subtype
RETAIL
Listing Agency:
Expansion Realty Partners
(214) 923-3204
Listed By:
Andy Kutach · License #688162
(512) 484-3002
Source:
Moodyscre
Added: Apr 8, 2025
Changed: Sep 10
Last Checked: Oct 5 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Expansion Realty Partners
Investment Insights
Based on property information with market context.
This retail property, located at 1615 New Boston Rd in Texarkana, TX, offers 1,800 square feet of space. The property is suitable for retail and other retail purposes.
Key Highlights
- Retail property available for sale.
- Located in Texarkana, Texas.
- Property is for sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,877
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,540
$597.5K
Cap Rate 7%
$426,814
$426.8K
Cap Rate 9%
$331,967
$332.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$44.9K $24.96/SF
− Vacancy
−$2.2K −$1.25/SF
EGI
$42.7K $23.71/SF
− OpEx
−$12.8K −$7.11/SF
NOI
$29.9K $16.60/SF
Area
Bowie County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,540
Cap Rate 7%
$426,814
Cap Rate 9%
$331,967
Alternative Uses
Best Use
Retail
$426.8K
$373.5K – $498.0K
NOI $29,877 @ 7.0% cap · market cap 6.36%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$1.36M
$1.19M – $1.58M
NOI $94,905 @ 7.0% cap · market cap 20.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
452
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail property - Retail property available for sale in Texarkana, Texas.
Where is this retail property located?
The property is located at 1615 New Boston Rd Texarkana, TX.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Retail property available for sale.; Located in Texarkana, Texas.; Property is for sale.
