Office Building with Two Parking
For Sale
$725,000
5530 Christus Dr, Texarkana, TX 75503
COMMERCIAL - Texarkana, TX
Property Size3,036 SF
Lot Size0.77 Acres
Price / SF$238.80
Days on Market46
Property Features for 5530 Christus Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Subdivision
-----------------
Directions
Traveling from Mall Dr Merge onto Interstate 30 Frontage Road/Mall Dr Use the middle lane to turn slightly right onto Mall Dr Turn left onto Summerhill Rd Turn left onto Moores Ln Turn left onto Christus Dr
Standard status
Active
Size
3,036 SF
Lot size
0.77 Acres
Listing Agency:
Raffaelli Realtors / TXK Homes, LLC
(903) 792-4444
Listed By:
Tessa Ray · License #AR SA00088558 TX 737048
(903) 826-4150
Added: Jun 28
Changed: Aug 4
Last Checked: Aug 12 at 11:06PM
MLS# 118679
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 office building offers 3,036 square feet of commercial space on a 0.77-acre lot, with two bathrooms included. The property is positioned as a flexible facility that can support a range of office and commercial uses.
Two large lots provide parking for future clients or patrons. The property is located at 5530 Christus Dr in Texarkana, in Bowie County, Texas.
With its existing improvements and parking available on-site, the building can be evaluated for office-based tenants and other commercial configurations that align with the space and parking provided.
Two large lots provide parking for future clients or patrons. The property is located at 5530 Christus Dr in Texarkana, in Bowie County, Texas.
With its existing improvements and parking available on-site, the building can be evaluated for office-based tenants and other commercial configurations that align with the space and parking provided.
Key Highlights
- 3,036 SF office building on 0.77‑acre lot
- Two large lots available for parking
- Two bathrooms in the building
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,783
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,015,660
$1.0M
Cap Rate 7%
$725,471
$725.5K
Cap Rate 9%
$564,256
$564.3K
Market Conditions
NOI Build-Up for 3,036 SF
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.
Gross rent
$93.3K $30.72/SF
− Vacancy
−$25.6K −$8.42/SF
EGI
$67.7K $22.30/SF
− OpEx
−$16.9K −$5.58/SF
NOI
$50.8K $16.73/SF
Area
Bowie County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,015,660
Cap Rate 7%
$725,471
Cap Rate 9%
$564,256
Alternative Uses
Best Use
Office B
$725.5K
$634.8K – $846.4K
NOI $50,783 @ 7.0% cap · market cap 7.00%
Second Best
Healthcare Medical
$571.6K
$500.1K – $666.9K
NOI $40,011 @ 7.0% cap · market cap 5.52%
Theoretical Best
Hotel Hospitality
$2.29M
$2.00M – $2.67M
NOI $160,073 @ 7.0% cap · market cap 22.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,093
Businesses Nearby
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office building set on 0.77 acres with 3,036 SF of space and two large lots for parking.
Where is this office building 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: 3,036 SF office building on 0.77‑acre lot; Two large lots available for parking; Two bathrooms in the building
