Kings Highway Development
For Sale
$925,000
1816 S Kings Hwy, Texarkana, TX 75501
11.7 acres suitable for self-storage, industrial, or flex space.
Property Size9,000 SF
Lot Size11.70 Acres
Price / SF$102.78
Days on Market163
Property Features for 1816 S Kings Hwy
General Information
Standard status
Active
Size
9,000 SF
Lot size
11.70 Acres
Property subtype
Land
Building Details
Year Built
1979
Listing Agency:
Ashley Group Commercial Real Estate
Listed By:
Grayson Chilton
(501) 326-7753
Source:
Ashleygroupproperties
Added: Mar 26
Changed: Sep 3
Last Checked: Sep 4 at 4:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashley Group Commercial Real Estate
Investment Insights
Based on property information with market context.
This 11.7-acre site on South Kings Highway is fully fenced with a newly installed gate. Currently, the property includes two self-storage buildings totaling 9,000 square feet. The site presents development opportunities for self-storage facilities, industrial use, or small office/warehouse flex space.
Key Highlights
- 11.7 acres on South Kings Highway offers significant development potential.
- Existing infrastructure includes full fencing and a new gate.
- Two self‑storage buildings totaling 9,000 SF are already on the site.
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
$47,208
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
5.10%
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%
$944,160
$944.2K
Cap Rate 7%
$674,400
$674.4K
Cap Rate 9%
$524,533
$524.5K
Market Conditions
NOI Build-Up for 9,000 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
$72.4K $8.04/SF
− Vacancy
−$4.9K −$0.55/SF
EGI
$67.4K $7.49/SF
− OpEx
−$20.2K −$2.25/SF
NOI
$47.2K $5.25/SF
Area
Bowie County, TX
Vacancy
6.80%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
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%
$944,160
Cap Rate 7%
$674,400
Cap Rate 9%
$524,533
Alternative Uses
Best Use
Self Storage
$674.4K
$590.1K – $786.8K
NOI $47,208 @ 7.0% cap · market cap 5.10%
Second Best
Industrial
$662.1K
$579.3K – $772.5K
NOI $46,347 @ 7.0% cap · market cap 5.01%
Theoretical Best
Hotel Hospitality
$6.78M
$5.93M – $7.91M
NOI $474,525 @ 7.0% cap · market cap 51.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
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
Market
Vacancy Rate% for Industrial 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?
Land - 11.7 acres suitable for self-storage, industrial, or flex space.
Where is this land located?
The property is located at 1816 S Kings Hwy Texarkana, TX.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 11.7 acres on South Kings Highway offers significant development potential.; Existing infrastructure includes full fencing and a new gate.; Two self‑storage buildings totaling 9,000 SF are already on the site.
