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Restaurant Redevelopment Site
For Sale
$90,000

1367 Sherwood Forest, Texarkana, TX 75501

Gutted 2,694 SF metal restaurant building on 1.55 acres near Lake Wright Patman, with residential zoning to verify.

Property Size2,694 SF
Lot Size1.55 Acres
Price / SF$33.41
Days on Market234

Property Features for 1367 Sherwood Forest

General Information

Standard status Active
Size 2,694 SF
Lot size 1.55 Acres
Property subtype Commercial
Zoning Residential

Building Details

Building Size 2,694 SF
Year Built 2006
Construction metal building
Listing Agency: United Country Real Estate Double Creek Land and Home
Listed By: Daniel Linn · License #832691
Source: Hairerealty
Added: Dec 10, 2025 Changed: Jul 28 Last Checked: Jul 31 at 1:47PM

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 United Country Real Estate Double Creek Land and Home

Investment Insights

Based on property information with market context.

This lake-area commercial land offering includes a 2,694 square foot metal building that has been fully gutted, creating a clean shell for a custom interior build-out. The property previously operated as a fish and seafood restaurant, and it is now positioned as a true blank-canvas redevelopment site with room to reimagine the layout and finishes.

The property is located approximately one mile from Lake Wright Patman in Texarkana, TX. While the site is currently zoned residential, it has historically been used for commercial purposes; buyers should verify zoning, permitting, and allowable uses. With 1.55 acres available, there is potential to accommodate parking and outdoor space, or support future expansion, subject to approvals.

Key Highlights

  • 1.55‑acre property approximately 1 mile from Lake Wright Patman in Texarkana, TX
  • 2,694 SF metal building previously used as a fish and seafood restaurant
  • Building is fully gutted and ready for a custom interior build‑out (clean shell)

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Big Box & Wholesale Store Plumbing Service Grocery & Convenience Store Real Estate Agency Storage Facility Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 75501, TX

36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Gutted 2,694 SF metal restaurant building on 1.55 acres near Lake Wright Patman, with residential zoning to verify.
Where is this conventional restaurant located?
The property is located at 1367 Sherwood Forest Texarkana, TX.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 1.55‑acre property approximately 1 mile from Lake Wright Patman in Texarkana, TX; 2,694 SF metal building previously used as a fish and seafood restaurant; Building is fully gutted and ready for a custom interior build‑out (clean shell)
More about this property
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