Flex Space with Equipment
For Sale
$450,000
6466 S Hwy 59, Texarkana, TX 75501
Commercial Sale, Texarkana, TX
Property Size3,800 SF
Lot Size2.67 Acres
Price / SF$118.42
Days on Market116
Property Features for 6466 S Hwy 59
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
10
Subdivision
Out of Area Texas
Directions
From Walmart on Summerhill Rd, head south on Hwy 59 S for 4.5 miles; property on right at 6466 Hwy 59 S."From Walmart on Summerhill Rd, head south on Hwy 59 S for 4.5 miles; property on right at 6466 Hwy 59 S.
Standard status
Active
Size
3,800 SF
Lot size
2.67 Acres
Utilities
Sewer type
Septic Tank
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Amenities
Dedicated office space
Break room
Restroom
Interior paint booth
Upstairs loft space
Equipment shed
Covered shed
Pipe fencing
Building Details
Year built
2026
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Metal Siding
Roof type
Metal
Listing Agency:
Whitetail Properties
(979) 204-6314
Listed By:
Hunter Smith · License #716391
(903) 748-6194
Added: Jun 14
Changed: Sep 12
Last Checked: Oct 7 at 6:06PM
MLS# 203334
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 3,800-square-foot flex facility occupies 2.67 acres along Highway 59 South in Texarkana. The metal-sided building includes dedicated office space, a break room, restroom, interior paint booth, and an upstairs loft currently used as a workout room. A 5-ton HVAC unit serves the shop, while a 2.5-ton unit supports the office. Spray foam insulation, concrete flooring, a metal roof, and electric central heating and cooling are included in the building improvements.
Exterior features include a 60x24 equipment shed, a 12x80 covered shed attached to the main building, and painted pipe fencing around the property. The site receives approximately 6,500 vehicles per day and provides room for parking, storage, or future expansion. The property is under construction, with septic service in place.
Exterior features include a 60x24 equipment shed, a 12x80 covered shed attached to the main building, and painted pipe fencing around the property. The site receives approximately 6,500 vehicles per day and provides room for parking, storage, or future expansion. The property is under construction, with septic service in place.
Key Highlights
- 2.67‑acre tract along Highway 59 South in Texarkana
- 3,800‑square‑foot flex facility with office, shop, break room, restroom, paint booth, and loft
- 5‑ton HVAC unit for the shop and 2.5‑ton unit for the office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,762
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,240
$475.2K
Cap Rate 7%
$339,457
$339.5K
Cap Rate 9%
$264,022
$264.0K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$30.6K $8.04/SF
− Vacancy
−$2.6K −$0.68/SF
EGI
$28.0K $7.36/SF
− OpEx
−$4.2K −$1.10/SF
NOI
$23.8K $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%
$475,240
Cap Rate 7%
$339,457
Cap Rate 9%
$264,022
Alternative Uses
Best Use
Warehouse
$339.5K
$297.0K – $396.0K
NOI $23,762 @ 7.0% cap · market cap 5.28%
Second Best
Industrial
$279.6K
$244.6K – $326.2K
NOI $19,569 @ 7.0% cap · market cap 4.35%
Theoretical Best
Hotel Hospitality
$2.86M
$2.50M – $3.34M
NOI $200,355 @ 7.0% cap · market cap 44.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
6,500 VPD
Traffic count
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 75501, TX
36,423
Population
15,302
Households
2.4
Avg Household Size
38
Median Age
15%
College-Educated
86%
High-School Grad
96.3 sq mi
ZIP Area
378
Density / Sq Mi
$46,782
Median Household Income
$33,758
Median Earnings
$904
Median Rent
$125,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Metal-sided facility with office, shop, paint booth, loft, and fenced exterior storage areas.
Where is this flex space located?
The property is located at 6466 S Hwy 59 Texarkana, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 2.67‑acre tract along Highway 59 South in Texarkana; 3,800‑square‑foot flex facility with office, shop, break room, restroom, paint booth, and loft; 5‑ton HVAC unit for the shop and 2.5‑ton unit for the office
