195 James Carlow Dr, New Boston, TX 75570
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.