720 Realtor AveTexarkana, AR 71854

Property Details for 720 Realtor Ave

Year built

1994

Lot size

1.43 AC

Property size (Sq ft)

17,400 SF

Property type

Retail properties

Property subtype

Retail space

APN

202700

APU

202700

Description

This exceptional 17,400-square-foot retail space in Texarkana, Arkansas, is available for lease. Located at 720 Realtor Ave, 71854, this single-tenant building sits on a 1.43-acre lot in Miller County. The property is currently undergoing renovations, which include polishing the concrete floors and offering customizable wall paint colors to suit tenant needs. The ground floor offers 12,000 square feet of versatile space, perfect for a variety of retail businesses. The building also features three private offices, a private employee bathroom, a dedicated shipping room, a full kitchen, and a public restroom. Its prime location offers excellent visibility and accessibility, with nearby businesses including Chubby Cheeks Liquor, El Chico's Café, IHOP, the Holiday Inn and Convention Center, and Whatley Sign Company. This is a unique opportunity to secure a well-located, renovated retail space in a thriving area. The entire 17,400 square feet is currently vacant and ready for immediate occupancy. Contact us today to learn more about this exceptional property and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $5,632,956

  6.5%

  $5,199,651

  7%

  $4,828,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,413,276

  Geo Method

  $3,136,448

• Alternative Use

  Use

  Valuation

  Residential

  $4,386,100

  Hospitality

  $4,017,644

  Educational

  $3,342,633

  Medical

  $3,457,591

  Retail

  $5,199,651

Location Insight

City

Texarkana

County

Miller

State

Arkansas

Latitude

33.4695

Longitude

-94.0344

CBSA code

45500

CBSA name

TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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