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    OFF-MARKET
    Medical Office Space

    4800 Texas Blvd, Texarkana, TX 75503

    77,000 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • ScaleSpace Real Estate Agency
    • Timothy Crabtree Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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