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    5035 Park Blvd Texarkana, TX 75503

    Sponsored
    For Lease
    $18 SF/Yr

    4,900 sq ft single-tenant office in West Park Plaza

    Lot size:
    4,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,900 square foot medical office space, situated at 5035 West Park Blvd in Texarkana, Texas, 75503, presents a remarkable opportunity. Located within the vibrant West Park Plaza, this single-tenant property boasts high visibility and accessibility in Texarkana's thriving business district. The space is ideal for a variety of medical practices or other office uses, offering customizable floor plans to accommodate specific business needs. The property benefits from its strategic location adjacent to a rapidly expanding retail and medical park, ensuring significant foot traffic and a strong potential client base. This growth is further underscored by substantial recent developments in the immediate vicinity, including a $227 million hospital, a $17 million emergency room, a 122-room Hyatt Studios Hotel, and a 60,000 square foot medical rehabilitation center. These developments solidify the area's position as a key healthcare and commercial hub, making this property an exceptional investment for long-term growth and success. Multiple leasing options are available.

    Property Features for 5035 Park Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,900 SF

    Unit(s) available at that property

    Space
    Size
    4,900 SF
    Rate per SF
    $18

    HighLights

    • 4,900 SF medical office space in Texarkana, TX, at 5035 West Park Blvd.
    • High‑visibility location in West Park Plaza, within Texarkana's thriving business district.
    • Customizable floor plan ideal for various medical practices or office uses.
    • Excellent location adjacent to a growing retail and medical park, ensuring high foot traffic.
    • Surrounded by significant recent developments including a new hospital, emergency room, hotel, and rehabilitation center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Bowie
    State
    Texas
    Longitude
    -94.103940138917
    Latitude
    33.452509400006

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    FAQs

    What type of property is this?
    Medical office - 4,900 sq ft single-tenant office in West Park Plaza
    Where is this medical office located?
    The property is located at 5035 Park Blvd Texarkana, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 4,900 SF medical office space in Texarkana, TX, at 5035 West Park Blvd.; High-visibility location in West Park Plaza, within Texarkana's thriving business district.; Customizable floor plan ideal for various medical practices or office uses.
    Request Owner's contact information
    5035 Park Blvd Texarkana, TX 75503
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    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
    5035 Park Blvd Texarkana, TX 75503
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