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    Park Blvd Texarkana, TX 75503

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    Texarkana Retail Center - Sale/Leaseback

    Property size:
    13,010 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    West Park Plaza, a Class A shopping center in Texarkana, Texas, presents a unique owner/user investment opportunity. This 13,010 square foot retail property sits on a 1.039-acre lot zoned GR, offering 10,079 square feet of net rentable space. Ideally situated on W Park Blvd, the center enjoys high visibility and accessibility, facing the planned Wadley Regional Medical Center (projected completion 2025). Its prime location near I-30 and University Avenue ensures significant foot traffic and exposure. The property is offered for sale with a leaseback option, providing a flexible investment strategy for discerning buyers. This fee-simple ownership offers a strong return on investment potential in a rapidly developing area of Texarkana. The property's existing infrastructure and strategic location make it an attractive proposition for a variety of retail businesses seeking a prominent presence in a thriving market. The GR zoning allows for a range of commercial uses, providing flexibility for future development or expansion. This is a rare opportunity to acquire a well-positioned, high-quality retail asset in a growth market. The sale/leaseback structure offers a unique blend of ownership and income generation, making it an attractive investment for both short-term and long-term strategies. Serious inquiries are encouraged.

    Property Features for 0 Park Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    13,010 SF
    Class
    A
    Lot Size
    45,259 SF

    HighLights

    • Class A, 13,010 SF retail center in Texarkana, TX.
    • 10,079 SF net rentable space on a 1.03‑acre lot (GR zoning).
    • High‑visibility location on W Park Blvd, near I‑30 & University Ave, facing planned Wadley Regional Medical Center.
    • Sale with leaseback option available.
    • Fee simple ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.1055716
    Latitude
    33.4531492

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    FAQs

    What type of property is this?
    Lifestyle center - Texarkana Retail Center - Sale/Leaseback
    Where is this lifestyle center located?
    The property is located at Park Blvd Texarkana, TX.
    What are key features of this property?
    This property features: Class A, 13,010 SF retail center in Texarkana, TX.; 10,079 SF net rentable space on a 1.03-acre lot (GR zoning).; High-visibility location on W Park Blvd, near I-30 & University Ave, facing planned Wadley Regional Medical Center.
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    Park Blvd Texarkana, TX 75503
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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
    Park Blvd Texarkana, TX 75503
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