Property profile

4800 Texas Blvd Texarkana, TX 75503

OFF-MARKET
Medical Office Space
77,000 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 77,000 square foot, Class C medical office complex situated at 4800 Texas Boulevard, Texarkana, Texas, 75503. The property consists of three distinct buildings offering a variety of suite sizes to accommodate diverse business needs. Currently at 10% occupancy, this multi-tenant property presents significant upside potential. Individual building sizes include approximately 16,028 square feet (Circle building), 2,406 square feet (Crescent lobby), 4,310 square feet (Crescent offices), and three tower floors of approximately 17,458 square feet each. The property boasts state-of-the-art infrastructure, including redundant multimode fiber optic internet (20 meg-10gb symmetric), an on-site microwave tower, and a data center on each floor. Over 5,000 square feet of networked office space is available. Additional features include an 18-wheeler dock. The asking price is $1,800,000, resulting in a price per square foot of $10. The lease type is NNN. This property is ideally suited for an investor seeking a value-add opportunity in a growing Texas market. The unique design and advanced infrastructure of this complex make it an attractive option for a variety of medical and healthcare tenants. The property's location in Bowie County provides easy access to major transportation routes and a strong local market.

Property profile

Verified
Property type Medical Office Space
Total area 77,000 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Physician

Location

4800 Texas Blvd Texarkana, TX 75503
Texarkana metro
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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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