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    1521 Spruce St Texarkana, TX 75501

    Sponsored
    For Sale
    $537,000

    12,442 SF Warehouse, Newly Renovated

    Property size:
    12,442 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 12,442 square foot industrial property, located at 1521 Spruce St, Texarkana, TX 75501, is offered for sale at $537,000 ($43.16/sq ft). The single-story building, renovated in 2022, sits on a 0.64-acre lot and is zoned for commercial use. Features include 6 offices, a conference room, and secure premises. The warehouse space totals 10,482 square feet, with 5,362 square feet of climate-controlled area. This property provides excellent workspace and ample storage, perfectly suited for various business needs. Its convenient location offers easy access to major transportation routes and is approximately 6 miles from the Texarkana Regional Airport (TXK). This is a turnkey opportunity for businesses seeking a modern, efficient, and strategically located industrial space. The property boasts a combination of office and warehouse space, designed for optimal functionality and productivity. The recent renovation ensures modern amenities and a well-maintained structure. The ample lot size provides additional space for potential expansion or outdoor storage. This is a rare opportunity to acquire a fully renovated, ready-to-occupy industrial property in a desirable location.

    Property Features for 1521 Spruce St

    General Information

    Property type
    Distribution properties
    Square Feet
    12,442 SF
    Lot Size
    27,878 SF

    Building Details

    Year Renovated
    2022
    Buildings
    1
    Stories
    1

    HighLights

    • Fully remodeled in 2022.
    • Six offices and a conference room.
    • Secure premises.
    • 5,362 SF of climate‑controlled warehouse space and 5,120 SF of warehouse/storage space.
    • Excellent access to major transportation routes.
    • Approximately 6 miles from Texarkana Regional Airport (TXK).
    Property Profile Location Intelligence

    Current Use by Public Records

    Petra Manufacturing Manufacturer Hackleman Built Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.05386183244
    Latitude
    33.432589374267

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    FAQs

    What type of property is this?
    Distribution property - 12,442 SF Warehouse, Newly Renovated
    Where is this distribution property located?
    The property is located at 1521 Spruce St Texarkana, TX.
    What is the asking price?
    The asking price for this property is $537,000.
    What are key features of this property?
    This property features: Fully remodeled in 2022.; Six offices and a conference room.; Secure premises.
    Request Owner's contact information
    1521 Spruce St Texarkana, TX 75501
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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
    1521 Spruce St Texarkana, TX 75501
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