Kings Highway Development
1816 S Kings Hwy Texarkana, TX 75501
1816 S Kings Hwy, Texarkana, TX, 75501
Contact for pricing
For Sale
Contact for pricing
11.7 acres suitable for self-storage, industrial, or flex space.
Property Size9,000 SF
Lot Size11.70 Acres
Price / SF$100
Days on Market930
Property Features for 1816 S Kings Hwy
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 11.70 Acres
- Property subtype
- Industrial, Land, Self Storage
Listing agency
The Ashley Group
Listed by
Grayson Chilton · License #PB00084915
Source
Crexi
Added: Jan 3, 2024 Updated: Jul 6 at 8:02AM Checked: Jul 20 at 6:32AM
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 The Ashley Group
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.
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.4k | $8.04 |
| − Vacancy | −$4.9k | −$0.55 |
| EGI | $67.4k | $7.49 |
| − OpEx | −$20.2k | −$2.25 |
| NOI | $47.2k | $5.25 |
9,000 SF · lease $8.04/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$674.4K
$590.1K – $786.8K
NOI $47,208 @ 7.0% cap · market cap 5.25%
Second Best
Industrial
$662.1K
$579.3K – $772.5K
NOI $46,347 @ 7.0% cap · market cap 5.15%
Theoretical Best
Hotel Hospitality
$6.78M
$5.93M – $7.91M
NOI $474,525 @ 7.0% cap · market cap 52.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kings Highway Storage
Storage Facility
Kings Hwy. Self ...
Storage Facility
Similar For Sale Nearby
FAQs
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 $900,000.
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.
