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    1514 Arkansas Blvd Texarkana, AR 71854

    Sponsored
    For Sale
    $1,450,000

    Established Restaurant, High Traffic, 10,126 SF

    Property size:
    10,126 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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 Features for 1514 Arkansas Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    10,126 SF
    Lot Size
    76,535 SF

    HighLights

    • High‑traffic, prime location in Texarkana, AR.
    • Ample on‑site parking.
    • 10,126 square foot restaurant building on a 1.757‑acre lot.
    • Asking price: $1,450,000; Price per square foot: $143.20.
    • Also available for lease at $7,800 per month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.0266833
    Latitude
    33.460299

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, High Traffic, 10,126 SF
    Where is this restaurant located?
    The property is located at 1514 Arkansas Blvd Texarkana, AR.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: High-traffic, prime location in Texarkana, AR.; Ample on-site parking.; 10,126 square foot restaurant building on a 1.757-acre lot.
    Request Owner's contact information
    1514 Arkansas Blvd 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
    1514 Arkansas Blvd Texarkana, AR 71854
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