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    Retail Property in Texarkana, TX Title is generated by Realmo AI

    1615 New Boston Rd, Texarkana, TX

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    Retail property available for sale in Texarkana, Texas.

    Type:RETAIL
    Property size:
    1,800 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $261/SF
    Added:
    Apr 8, 2025
    Days on Market:
    440
    Last Refresh:
    May 20 at 8:56 pm

    Property Features for 1615 New Boston Rd

    General Information

    Standard status
    Active
    Size
    1,800 SF
    Lot size
    0.45 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Andy Kutach
    Andy Kutach

    Listing agent Andy Kutach License #0523915

    Listing office Expansion Realty Partners

    Listing date Apr 8, 2025

    Source Moodyscre

    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

    HighLights

    • Retail property available for sale.
    • Located in Texarkana, Texas.
    • Property is for sale.
    • For retail use.
    • Located in Texas.
    • Property is in Texarkana.

    Overview

    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.

    Local Financial Insights For Retail

    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 $44.9k $24.96
    − Vacancy −$2.2k −$1.25
    EGI $42.7k $23.71
    − OpEx −$12.8k −$7.11
    NOI $29.9k $16.60
    1,800 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $426.8K
    $373.5K – $498.0K (±1% cap)
    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 (±1% cap)
    NOI $94,905 @ 7.0% cap · market cap 20.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Texas Car Title ... Loan Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.0611
    Latitude
    33.435

    FAQs

    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.
    (512) 484-3002 Call to check price and availability
    More about this property
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