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    520 Texas Blvd Texarkana, TX 75501

    Sponsored
    For Sale
    $189,000

    Prime Medical Office Space, $75/SF

    Property size:
    2,520 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,520 square foot medical office building is ideally situated in the heart of downtown Texarkana, Texas, at 520 Texas Boulevard, zip code 75501. Offered at $189,000 ($75 per square foot), this property presents a compelling investment opportunity. The building boasts eight individual offices, a spacious reception area perfect for patient check-in, a convenient conference room for meetings and consultations, and a fully equipped kitchen. Ample storage space is also included, catering to the diverse needs of a medical practice. Its prime location offers unparalleled convenience, being within walking distance of Texarkana's vibrant downtown area, providing easy access to a variety of retail establishments and restaurants. This high-visibility location ensures excellent foot traffic and prominent exposure for your business. The property is well-suited for a variety of medical practices seeking a comfortable and accessible space to serve their patients. This is a rare opportunity to acquire a well-maintained medical office building in a thriving downtown location. Don't miss out on this chance to establish or expand your medical practice in a highly desirable area.

    Property Features for 520 Texas Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    2,520 SF

    HighLights

    • 2,520 SF medical office building in downtown Texarkana, TX (75501) for $189,000 ($75/SF).
    • Features eight offices, large reception area, conference room, and kitchen.
    • Ample storage and prime downtown location with high visibility and walkability to retail and restaurants.
    • Ideal for various medical practices seeking a convenient and accessible space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sharma Roshan L ... Sports Medicine Physician

    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
    -94.047324112075
    Latitude
    33.424138170928

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Space, $75/SF
    Where is this medical office located?
    The property is located at 520 Texas Blvd Texarkana, TX.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: 2,520 SF medical office building in downtown Texarkana, TX (75501) for $189,000 ($75/SF).; Features eight offices, large reception area, conference room, and kitchen.; Ample storage and prime downtown location with high visibility and walkability to retail and restaurants.
    Request Owner's contact information
    520 Texas Blvd Texarkana, TX 75501
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    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
    520 Texas Blvd Texarkana, TX 75501
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