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Versatile Restaurant and Office Building
For Sale
$725,000

5530 Christus Dr, Texarkana, TX 75503

Former restaurant property with flexible interior space and two large parking lots for customers and staff.

Property Size3,036 SF
Price / SF$238.80
Days on Market326

Property Features for 5530 Christus Dr

General Information

Standard status Active
Size 3,036 SF
Listing Agency: Raffaelli Realtors / TXK Homes, LLC
Listed By: Tessa Ray · License #AR SA00088558 TX 737048
Source: Exprealty
Added: Sep 13, 2025 Changed: Jul 10 Last Checked: Jul 31 at 3:51PM

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 Raffaelli Realtors / TXK Homes, LLC

Investment Insights

Based on property information with market context.

This centrally located commercial property at 5530 Christus Dr in Texarkana is ready for a new concept. Previously operated as a restaurant, the building offers a substantial interior layout that can be reconfigured for multiple business uses, including retail, office, or medical. The site also features two large lots designed to support convenient parking for patrons or patients.

With ample on-site parking available, the property is well suited for businesses that rely on customer access and straightforward arrivals. The existing commercial building format can help streamline day-to-day operations for a tenant looking for a ready-made footprint rather than starting from scratch.

The space may work well for owners or tenants seeking an adaptable commercial location that can be tailored to restaurant service or repurposed for office or medical use. If you’re considering a storefront or professional practice that needs parking support, this property’s two-lot setup is a practical advantage. Its former restaurant identity gives it a defined commercial presence, while the overall configuration leaves room to match your specific operating requirements.

Key Highlights

  • Former restaurant property in Texarkana with flexible interior space for retail, restaurant, office, or medical use
  • Centrally located commercial property with adaptable layout and room for multiple business types
  • Two large parking lots for customers and staff

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

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.

Component $ $/SF
Gross rent $75.8k $24.96
− Vacancy −$3.8k −$1.25
EGI $72.0k $23.71
− OpEx −$18.0k −$5.93
NOI $54.0k $17.78
3,036 SF · lease $24.96/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$771.3K
$674.9K – $899.9K (±1% cap)
NOI $53,992 @ 7.0% cap · market cap 7.45%
Second Best
Retail
$719.9K
$629.9K – $839.9K (±1% cap)
NOI $50,393 @ 7.0% cap · market cap 6.95%
Theoretical Best
Hotel Hospitality
$2.29M
$2.00M – $2.67M (±1% cap)
NOI $160,073 @ 7.0% cap · market cap 22.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

The Silver Spoon Restaurant

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Law Firm Spa & Massage Center Clothing & Fashion Store 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

1,093
Businesses Nearby
Under-served
Demand for This Use

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

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 - Former restaurant property with flexible interior space and two large parking lots for customers and staff.
Where is this conventional restaurant located?
The property is located at 5530 Christus Dr Texarkana, TX.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Former restaurant property in Texarkana with flexible interior space for retail, restaurant, office, or medical use; Centrally located commercial property with adaptable layout and room for multiple business types; Two large parking lots for customers and staff
More about this property
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