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Gutted Restaurant Building
For Sale
$75,000

1367 Sherwood Forest, Texarkana, TX 75501

COMMERCIAL - Texarkana, TX

Property Size2,694 SF
Lot Size1.55 Acres
Price / SF$27.84
Days on Market43

Property Features for 1367 Sherwood Forest

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Subdivision George Morris
Directions Traveling south on HWY 59 from Kings Hwy, turn right onto Sherwood Forest Drive for approximately 1.5 miles. Property is on left.
Standard status Active
Size 2,694 SF
Lot size 1.55 Acres

Utilities

Sewer type Septic Tank
Water source Public

Building Details

Year built 2006
Number of units 1
Flooring type Concrete
Building materials Metal Siding
Roof type Metal
Listing Agency: United Country Real Estate Double Creek Land and Home
Listed By: Ryan Green · License #832691
Added: Jul 12 Changed: Aug 17 Last Checked: Aug 23 at 10:06AM
MLS# 200802

Copyright © 2026 Texarkana Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1.55-acre property includes a 2,694-square-foot metal building constructed in 2006. The structure has been fully gutted, leaving a shell with metal siding, a metal roof, concrete flooring, and two bathrooms. Public water and a septic tank serve the property. The building previously operated as a fish and seafood restaurant, while the current interior is configured for a new build-out.

The property is approximately one mile from Lake Wright Patman in Texarkana, Texas. It is currently zoned residential and has a history of commercial use; zoning, permitting, and allowable uses should be independently verified. The acreage provides the site area associated with the existing building and its future planning considerations, subject to applicable approvals.

Key Highlights

  • 1.55‑acre property near Lake Wright Patman
  • 2,694‑square‑foot metal building constructed in 2006
  • Fully gutted interior provides a shell for new build‑out

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

17
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 metal structure with concrete flooring, two bathrooms, public water, and septic service.
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 $75,000.
What are key features of this property?
This property features: 1.55‑acre property near Lake Wright Patman; 2,694‑square‑foot metal building constructed in 2006; Fully gutted interior provides a shell for new build‑out
More about this property
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