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Property profile & analytics
FOR SALE
Turn key restaurants

1514 Arkansas Blvd Texarkana, AR 71854

10,126 SF 1.76 ac lot Built 1997
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US05-1770823
Property summary
AI-generated overview

This exceptional restaurant property in Texarkana, Arkansas, presents a lucrative investment opportunity. Located at 1514 Arkansas Blvd, 71854, this 10,126 square foot establishment sits on a spacious 1.757-acre lot, offering ample on-site parking for patrons. The property boasts a prime location known for its high traffic volume, ensuring significant visibility and accessibility. The asking price for the sale of this turnkey operation is $1,450,000, translating to $143.20 per square foot. Alternatively, the property is available for lease at a monthly rate of $7,800. This well-situated restaurant is ready for immediate occupancy and presents a unique chance to acquire a thriving business or establish a new venture in a highly desirable area. The property's size and location make it ideal for a variety of culinary concepts, offering significant potential for growth and profitability. The substantial lot size provides ample space for outdoor seating or expansion, further enhancing its appeal. Don't miss this chance to own a piece of Texarkana's vibrant culinary scene.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1997
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,126 SF
Lot 1.76 ac (76,535 SF)
APN 1450331
UPID US05-1770823
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jl Long Corporation · 14 yrs held
Jl Long Corporation
since 2012
2 recorded transactions
2022
Price N/A
2012
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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