Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Swc I-30 & Richmond Rd Wake Village, TX 75503

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Swc I-30 & Richmond Rd Wake Village, TX 75503

    View on Map
    • Lifestyle centers
    • 232,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 0 Swc I-30 & Richmond Rd

    Property size
    232,000 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Town West Shopping Center, located at the southwest corner of I-30 and Richmond Road in Texarkana, Texas (zip code 75503), offers exceptional retail and office space for lease. This multi-tenant property boasts a total of 232,000 square feet, encompassing a diverse range of uses including executive and medical office spaces, and shopping center retail. Currently, there are 83,400 square feet of vacant space available, offering significant opportunities for businesses seeking flexible and adaptable layouts. Units range from a minimum divisible space of 18,900 square feet to a maximum contiguous space of 30,000 square feet, catering to a variety of business needs and scales. The property's strategic location at the intersection of I-30 and Richmond Road in Bowie County provides unparalleled visibility and accessibility, ensuring high traffic volume and excellent exposure for tenants. This prime location offers businesses the chance to establish a strong presence in a thriving commercial area. The available space is ideal for a variety of businesses seeking a high-traffic location in a well-established shopping center. Inquire today to learn more about leasing opportunities and explore the potential of this exceptional property.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wake Village
    County
    Bowie
    State
    Texas
    Longitude
    -94.1307
    Latitude
    33.4542

    Comparable in this City

    • Value Estimation by Request
      13,010 SF

      Park Blvd

      Lifestyle centers • 13,010 SF
      0 Park Blvd, Texarkana, TX 75503
      View Details
    • Value Estimation by Request

      5035 Park Blvd

      Medical Office Space
      5035 Park Blvd, Texarkana, TX 75503
      View Details
    • Value Estimation by Request
      73,824 SF

      2900 St Michael Dr

      Coworking space • 73,824 SF
      2900 St Michael Dr, Texarkana, TX 75503
      View Details
    • Value Estimation by Request
      10,547 SF

      5303 Cowhorn Creek Rd

      Office Units • 10,547 SF
      5303 Cowhorn Creek Rd, Texarkana, TX 75503
      View Details
    • Value Estimation by Request
      77,000 SF

      4800 Texas Blvd

      Medical Office Space • 77,000 SF
      4800 Texas Blvd, Texarkana, TX 75503
      View Details
    • Value Estimation by Request
      0.77 Acres

      5817 Richmond Rd

      Day care centers • 1,380 SF
      5817 Richmond Rd, Texarkana, TX 75503
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Land in High-Visibility Area

      3.24 acres suitable for retail or office development.
      2131 Galleria Oaks Dr, Texarkana, TX 75503
      View Details
    • Contact for pricing

      1.83-Acre Lot for Development

      1.83-acre lot ideal for retail, office, or multi-family development.
      4400 Moores Ln, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Prime Land on McKnight Road

      4.6-acre parcel ideal for retail, office, or multifamily development.
      4824 Mcknight Rd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Texarkana Land For Sale

      Corner lot suitable for office or retail development.
      3260 Moores Ln, Texarkana, TX 75503
      View Details
    • Contact for pricing
      12,165 SF

      Texarkana Medical Office For Sale

      Medical office in Texarkana, TX with long-term tenant.
      5950 Summerhill Rd, Texarkana, TX 75503
      View Details
    • $875,000
      3,036 SF

      Texarkana Commercial Property For Sale

      Centrally located commercial property suitable for retail, restaurant, office, medical.
      5530 Christus Dr, Texarkana, TX 75503
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Space in Texarkana

      Highly visible space suitable for retail, office, or medical use.
      5035 W Park Blvd, Texarkana, TX 75503
      View Details
    • $1.00 SF/Yr

      Texarkana Retail Space For Lease

      Retail space available in Lone Oak Shopping Center.
      3448 Summerhill Rd, Texarkana, TX 75503
      View Details
    • Contact for pricing
      12,000 SF

      Retail Space on Richmond Road

      Retail spaces available in Texarkana near major anchors.
      2315 Richmond Rd, Texarkana, TX 75503
      View Details
    • $2,033 /Mo
      4,066 SF

      Texarkana Retail or Office Space

      Located across from Walmart, ideal for retail or office use.
      3905 New Boston Rd, Texarkana, TX 75503
      View Details
    • $861 /Mo
      1,722 SF

      Texarkana Retail or Office Space

      Retail or office space available for rent in Texarkana.
      3905 New Boston Rd, Texarkana, TX 75503
      View Details
    • $1,518 /Mo
      3,035 SF

      Texarkana Retail or Office Space

      Retail or office space available for rent near Walmart.
      3905 New Boston Rd, Texarkana, TX 75503
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Swc I-30 & Richmond Rd
    Wake Village, TX 75503
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Swc I-30 & Richmond Rd, Wake Village, TX, 75503

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!