11.7 Acres South Kings
1816 S Kings Hwy Texarkana, TX 75501
1816 S Kings Hwy, Texarkana, TX, 75501
$925,000
For Sale
$925,000
11.7 acres with storage buildings on South Kings Highway.
Property Size9,000 SF
Lot Size11.70 Acres
Price / SF$102.78
Days on Market138
Property Features for 1816 S Kings Hwy
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 11.70 Acres
- Property subtype
- Land
Building Details
- Year Built
- 1979
Listing agency
Ashley Group Commercial Real Estate
(501) 326-7753
Listed by
Grayson Chilton
(501) 326-7753
Source
Ashleygroupproperties
Added: Mar 5 Updated: Jul 6 at 9:59AM Checked: Jul 21 at 6:08AM
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 Ashley Group Commercial Real Estate
Investment Insights
Based on property information with market context.
This 11.7-acre site on South Kings Highway is fully fenced with a new gate. It includes two self-storage buildings totaling 9,000 square feet. The property's size allows for various uses, including self-storage, industrial, and small office/warehouse flex space. The site has over 520 feet of frontage on S Kings Highway and is located less than half a mile north of South Lake Drive (Highway 59) and 1.7 miles south of 7th Street (Highway 67).
Key Highlights
- 11.7 acres of land offering diverse development potential.
- Excellent frontage: Over 520 feet on South Kings Highway.
- Strategic location: Less than 0.5 miles from South Lake Drive (Highway 59).
Local Financial Insights For Self Storage
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 | $72.4k | $8.04 |
| − Vacancy | −$4.9k | −$0.55 |
| EGI | $67.4k | $7.49 |
| − OpEx | −$20.2k | −$2.25 |
| NOI | $47.2k | $5.25 |
9,000 SF · lease $8.04/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$674.4K
$590.1K – $786.8K
NOI $47,208 @ 7.0% cap · market cap 5.10%
Second Best
Industrial
$662.1K
$579.3K – $772.5K
NOI $46,347 @ 7.0% cap · market cap 5.01%
Theoretical Best
Hotel Hospitality
$6.78M
$5.93M – $7.91M
NOI $474,525 @ 7.0% cap · market cap 51.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kings Highway Storage
Storage Facility
Kings Hwy. Self ...
Storage Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Land - 11.7 acres with storage buildings on South Kings Highway.
Where is this land located?
The property is located at 1816 S Kings Hwy Texarkana, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 11.7 acres of land offering diverse development potential.; Excellent frontage: Over 520 feet on South Kings Highway.; Strategic location: Less than 0.5 miles from South Lake Drive (Highway 59).
