Property profile

195 James Carlow Dr New Boston, TX 75570

OFF-MARKET
Office Spaces
4,480 SF 1.24 ac lot Built 1972
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Property summary

AI-generated overview

This exceptional single-tenant executive office building, situated on 1.239 acres in New Boston, Texas, presents a compelling investment opportunity. Boasting 4,480 square feet of space, this Class C property is ideally located just half a mile from Highway 82 and three-quarters of a mile from Interstate 30, providing convenient access to major transportation routes. Built in 1972, the one-story building sits within the TexAmericas Center, a prime location in the Texarkana MSA's main industrial area. The property's strategic position in the I-30 corridor, between the Dallas-Fort Worth Metroplex and Little Rock, Arkansas, offers significant advantages for businesses seeking a central location. The asking price is $198,000, translating to $44.20 per square foot. The property is zoned for commercial use and features a generous lot size, making it suitable for a variety of business applications. This is a rare opportunity to acquire a well-positioned, single-tenant office building in a thriving industrial area. The APN is 00100000306.

Property profile

Verified
Property type Office Spaces
Year built 1972
Total area 4,480 SF
Lot 1.24 ac (53,971 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

195 James Carlow Dr New Boston, TX 75570
New Boston metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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