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    923 Hickory St Texarkana, AR 71854

    Sponsored
    For Lease
    $12 SF/Yr ($6,260 /Mo)

    Prime Medical Office, 1,645 SF Available

    Lot size:
    6,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,260 square foot Class B medical office building, located at 923 Hickory Street in Texarkana, Arkansas, presents a fantastic opportunity. Currently, 1,645 square feet of readily available space is perfect for expansion or a new practice. The building features multiple tenancies, providing flexibility and potential for shared services. Situated on a 0.406-acre lot, the property offers ample parking and convenient access. The building's classification as a Class B property reflects its well-maintained condition and functional design. The available space is ideal for a variety of medical practices, offering a comfortable and efficient environment for patients and staff. The address is 923 Hickory St, Texarkana, AR 71854. Note that measurements shown in any provided layouts are strictly for the interior space of the building. This property is zoned for medical use and offers a strong potential for return on investment. The building's location in Texarkana, AR provides excellent visibility and accessibility for patients. Serious inquiries are encouraged to explore this promising investment opportunity. The total building size is 6,260 square feet.

    Property Features for 923 Hickory St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,260 SF
    Class
    B
    Total Rate
    6260

    Unit(s) available at that property

    Space
    923 Hickory
    Size
    1,645 SF
    Rate per SF
    $12

    HighLights

    • For Sale or Lease
    • Spacious office building with four suites, each containing multiple individual offices, located near East 9th Street.
    • Recently renovated with new vinyl flooring, fresh paint, and remodeled bathrooms.
    • High visibility from Hickory Street, US Highway 82, and US Highway 71.
    • Excellent Texarkana, Arkansas location near the developing downtown area, including cultural attractions, banks, and the courthouse.
    • Conveniently situated near Arkansas High School, Family Dollar, Jefferson Park, McDonald's, EZ Mart, and Sam's Seafood.
    Property Profile Location Intelligence

    Current Use by Public Records

    CLB Engineers Civil Engineer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.0366323
    Latitude
    33.4316342

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 1,645 SF Available
    Where is this medical office located?
    The property is located at 923 Hickory St Texarkana, AR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: For Sale or Lease; Spacious office building with four suites, each containing multiple individual offices, located near East 9th Street.; Recently renovated with new vinyl flooring, fresh paint, and remodeled bathrooms.
    Request Owner's contact information
    923 Hickory St 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
    923 Hickory St Texarkana, AR 71854
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