Flex Property with Warehouse
New
For Sale
$250,000
420 W 7th, Texarkana, TX 75503
Commercial Sale, Texarkana, TX
Property Size3,096 SF
Lot Size0.48 Acres
Price / SF$80.75
Days on Market5
Property Features for 420 W 7th
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Subdivision
City/Triggs Addition
Directions
State line to 7th street. Property is on the South side of W 7th and the Warehouse is behind it at 702 Main Street.
Standard status
Active
Size
3,096 SF
Lot size
0.48 Acres
Building Details
Year built
1993
Number of units
2
Listing Agency:
Texarkana Legacy Group
(870) 779-8000
Listed By:
Dan Butler · License #SA00051422
(903) 748-4701
Added: Oct 9
Last Checked: Oct 13 at 8:06PM
MLS# 206238
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.
The 1993 property contains 3,096 square feet, divided between 1,296 square feet of office and shop space and 1,800 square feet of warehouse and storage area. Office amenities include a reception area, and the warehouse has roll-up doors.
Situated at 420 W 7th in Texarkana, the property occupies a 0.48-acre parcel near Downtown Texarkana.
Situated at 420 W 7th in Texarkana, the property occupies a 0.48-acre parcel near Downtown Texarkana.
Key Highlights
- 3,096 square feet total: 1,296 square feet of office/shop space and 1,800 square feet of warehouse/storage
- Roll‑up doors serving the warehouse area
- Reception area within the office component
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,360
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,200
$387.2K
Cap Rate 7%
$276,571
$276.6K
Cap Rate 9%
$215,111
$215.1K
Market Conditions
NOI Build-Up for 3,096 SF
Gross rent
$24.9K $8.04/SF
− Vacancy
−$2.1K −$0.68/SF
EGI
$22.8K $7.36/SF
− OpEx
−$3.4K −$1.10/SF
NOI
$19.4K $6.25/SF
Area
Bowie County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,200
Cap Rate 7%
$276,571
Cap Rate 9%
$215,111
Alternative Uses
Best Use
Warehouse
$276.6K
$242.0K – $322.7K
NOI $19,360 @ 7.0% cap · market cap 7.74%
Second Best
Industrial
$227.8K
$199.3K – $265.7K
NOI $15,943 @ 7.0% cap · market cap 6.38%
Theoretical Best
Hotel Hospitality
$2.33M
$2.04M – $2.72M
NOI $163,237 @ 7.0% cap · market cap 65.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75503, TX
25,547
Population
11,464
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
95%
High-School Grad
78.5 sq mi
ZIP Area
325
Density / Sq Mi
$67,733
Median Household Income
$43,508
Median Earnings
$1,185
Median Rent
$214,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Chef on the Run — 217 W Broad St, Texarkana, TX 75501
Frequently Asked Questions
What type of property is this?
Flex space - Office, reception, shop, and storage areas provide a mix of workspace and enclosed storage.
Where is this flex space located?
The property is located at 420 W 7th Texarkana, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3,096 square feet total: 1,296 square feet of office/shop space and 1,800 square feet of warehouse/storage; Roll‑up doors serving the warehouse area; Reception area within the office component
