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    1120 Realtor Ave Texarkana, AR 71854

    Sponsored
    For Sale
    $600,000

    6,270 SF Office/Retail, Vacant

    Property size:
    6,270 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial property, located at 1120 Realtor Ave, Texarkana, AR 71854, presents a unique investment opportunity. The single-story, 6,270 square foot building sits on a 0.52-acre lot and is zoned C-3, offering versatility for a range of uses. Built in 1995, the structure features large overhead doors, ideal for a mechanic shop or repair shop, complemented by dedicated office space. Currently vacant, this property is available for immediate occupancy. A gross lease is available for a 3-year term at $5,000 per month. The asking price for the property is $600,000. The property's address is verified, and its location is in Miller County, Arkansas. The property features one building with a total of 6,270 square feet. This presents a strong potential for both immediate income generation and long-term appreciation. The property's size and zoning make it suitable for a variety of commercial ventures. Serious inquiries are encouraged to explore this promising investment opportunity further. The property's APN is 4680020.

    Property Features for 1120 Realtor Ave

    General Information

    Property type
    Retail properties
    Square Feet
    6,270 SF
    Lot Size
    22,651 SF

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    1

    HighLights

    • 6,720 square foot building.
    • 0.52‑acre lot.
    • Asking rent: $5,000 per month.
    • Asking price: $600,000.
    • Commercial property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.029804706746
    Latitude
    33.470165386064

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    FAQs

    What type of property is this?
    Retail property - 6,270 SF Office/Retail, Vacant
    Where is this retail property located?
    The property is located at 1120 Realtor Ave Texarkana, AR.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 6,720 square foot building.; 0.52-acre lot.; Asking rent: $5,000 per month.
    Request Owner's contact information
    1120 Realtor Ave Texarkana, AR 71854
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    Texarkana, AR 71854
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    Realmo Value Estimation

    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.

    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.

    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
    1120 Realtor Ave Texarkana, AR 71854
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