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5135 Morris Ln Texarkana, TX 75503

OFF-MARKET Office Spaces Google Maps
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional investment opportunity comprises two Class B office buildings totaling two units across two buildings, each situated on a single story. Located in Texarkana, Texas (5135 Morris Ln, 75503) and El Dorado, Arkansas (301 Wrights Ln, 71730), these properties are offered together for $1,000,000. Both buildings boast a strong national credit tenant, Canon, and have recently undergone improvements including fresh paint and new floor coverings. The buildings were specifically designed to accommodate Canon's equipment needs, ensuring a long-term, stable investment. This dual-location portfolio presents a unique chance to acquire a well-maintained, income-producing asset with a reputable tenant in two distinct yet proximate markets. The properties are strategically positioned in Bowie County, Texas, and Union County, Arkansas, offering convenient access to local amenities and transportation networks. This is a rare opportunity to acquire a turnkey investment with minimal capital expenditure required. The properties are ready for immediate occupancy and income generation.

Property profile

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Property type Office Spaces

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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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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