Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Whiskey River Entertainment Venue Title is generated by Realmo AI

    310 E 49th St, Texarkana, AR 71854

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Profitable bar and restaurant with expansion potential.

    Type:Retail
    Property size:
    8,050 SF
    Lot size:
    1.00 Acre
    Added:
    Mar 11, 2024
    Days on Market:
    803
    Last Refresh:
    May 12 at 9:12 pm

    Property Features for 310 E 49th St

    General Information

    Standard status
    Active
    Size
    8,050 SF
    Lot size
    1.00 Acre
    Property subtype
    Retail

    Building Details

    Year Built
    2006

    We can help!

    Listing Contact
    Steven Harvey

    Listing agent Steven Harvey License #PB00075545

    Listing office NAI American Realty

    Listing date Mar 11, 2024

    Source Crexi

    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 NAI American Realty

    HighLights

    • 8050 SF building on 1‑acre property offers expansion potential.
    • Includes business and building for $1,200,000.
    • Option to purchase additional 2.68 acres of land for $1,400,000 total.
    • Features an expansive dance floor and stylish lounge areas.
    • Equipped with a top‑notch sound system and state‑of‑the‑art lighting.
    • Year Built: 2006

    Overview

    The Whiskey River property, encompassing 1 acre and featuring an 8050 square foot building, presents an opportunity for investors. The venue includes a dance floor and lounge areas. A sound system and lighting are in place. The property is listed for sale as a building and business. An additional approximate 2.68 acres of land next door is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Whiskey River Country Nightclub

    Suggested Use

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

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

    Similar Places Nearby

    • Regional Music Heritage Center — 205 E 38th St, Texarkana, AR 71854
    • Shipley Donut — 1703 Arkansas Blvd, Texarkana, AR 71854
    • Connections Bar & Grill — 5200 Convention St, Texarkana, AR 71854
    • Arrow Bar — 110 E 36th St, Texarkana, AR 71854
    • Phase II - Bar & Grill Restaurant — 5301 N State Line Ave, Texarkana, TX 75503

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.039248
    Latitude
    33.469091

    Nearby Similar for Sale

    • $795,000
      10,126 SF

      Versatile Commercial Property in Texarkana

      Updated commercial property with kitchen, dining area, and office suite.
      1514 Arkansas Blvd, Texarkana, AR 71854
      View Details
    • $350,000
      1,860 SF

      Texarkana Gas Station Opportunity

      Gas station in high-traffic area, ideal for investors.
      2404 N StateLine Ave, Texarkana, AR 71854
      View Details
    • $200,000
      6,379 SF

      Texarkana Commercial Building For Sale

      6,379 sq ft building on 0.94 acres in Texarkana.
      507 Hickory, Texarkana, AR 71854
      View Details
    • $389,000
      4,160 SF

      Texarkana Commercial Service Shop

      Versatile commercial service shop on approximately 3 acres.
      3501 Washington, Texarkana, AR 71854
      View Details
    • $450,000
      1,527 SF

      Texarkana Gas Station with Store

      Remodeled gas station with convenience store and 24-hour service.
      2700 E 9th, Texarkana, AR 71854
      View Details
    • $650,000
      2,840 SF

      Texarkana Convenience Store Opportunity

      High-performing convenience store in a prime commercial area.
      2410 N Stateline Ave, Texarkana, AR 71854
      View Details
    • $155,900
      2,815 SF

      Texarkana Commercial Building For Sale

      Spacious commercial building in high-traffic area near Downtown Entertainment District.
      714 Laurel St, Texarkana, AR 71854
      View Details
    • $365,000
      2,310 SF

      Texarkana Office Space For Sale

      Office space for sale or lease in Texarkana, Arkansas.
      702 Arkansas Blvd, Texarkana, AR 71854
      View Details
    • $120,000
      1,581 SF

      Versatile Brick Building with Parking

      Adaptable commercial space suitable for retail, office, or entertainment.
      2403 HICKORY, Texarkana, AR 71854
      View Details
    • $375,900
      4,800 SF

      New Metal Building in Texarkana

      New 4,800 SF metal building on 1.11 acres.
      2115 E BROAD ST, Texarkana, AR 71854
      View Details
    • $350,000
      1,980 SF

      Texarkana Commercial Liquor Store Opportunity

      Established liquor store in prime location with growth potential.
      914 N State Line, Texarkana, AR 71854
      View Details
    • $1,750,000
      5,032 SF

      Texarkana Retail Property For Sale

      Retail property in high-traffic location with ample parking.
      607 E 51st, Texarkana, AR 71854
      View Details

    FAQs

    What type of property is this?
    Bar & Pub - Profitable bar and restaurant with expansion potential.
    Where is this bar & pub located?
    The property is located at 310 E 49th St Texarkana, AR.
    What are key features of this property?
    This property features: 8050 SF building on 1‑acre property offers expansion potential.; Includes business and building for $1,200,000.; Option to purchase additional 2.68 acres of land for $1,400,000 total.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Steven Harvey
    Real Estate License ID: PB00075545
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    310 E 49th St, Texarkana, AR 71854
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!