11.7 Acres South Kings
1816 S Kings Hwy, Texarkana, TX 75501
11.7 acres with storage buildings on South Kings Highway.
Type:Land
Property size:
9,000 SFLot size:
11.70 AcresPrice / SF:
$102/SF- Added:
- Mar 5, 2026
- Days on Market:
- 78
- Last Refresh:
- Apr 5 at 8:11 pm
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 agent Grayson Chilton (501) 758-7745
Listing office Ashley Group Commercial Real Estate (501) 758-7745
Listing date Mar 5, 2026
Source Ashleygroupproperties
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
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).
- Existing infrastructure: Includes two self‑storage buildings totaling 9,000 SF.
- Secure property: Fully fenced with a new gate installed.
- Established Year: Built in 1979.
Overview
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).
Financial Insights
Value Estimation Calculated for Self Storage
Conservative
$524.5K
NOI $47,208 @ 9.00% cap · cautious / downside scenario
Moderate
$674.4K
NOI $47,208 @ 7.00% cap · market / base-case scenario
Aggressive
$944.2K
NOI $47,208 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Self Storage
| 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 Use Scenarios
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 Profile
Location Intelligence
Current Use by Public Records
Kings Highway Storage
Storage Facility
Kings Hwy. Self ...
Storage Facility
Location Insight
- Map
- Local Demand
- City
- Texarkana
- County
- Bowie
- State
- Texas
- Longitude
- -94.1137
- Latitude
- 33.3978
Nearby Similar for Sale
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).
