2203 Trinity BlvdTexarkana, AR 71854

  • Retail properties
  • 21,180 SF
For Lease
$12/SF/YR View listing

Property Details for 2203 Trinity Blvd

Year built
2006
Lot size
6.09 AC
Property size (Sq ft)
21,180 SF
Property type
Retail properties
Property subtype
Strip malls
APN
6060010
APU
6060010

Description

This exceptional commercial property, located at 2203 Trinity Boulevard in Texarkana, Arkansas, 71854, offers a variety of office space options. The single-story building totals 10,050 square feet and is divided into three suites, providing flexibility for businesses of various sizes. Available spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 4,800 square feet, making it suitable for a range of tenants. The property is classified as retail, office, and offers traditional office, executive office, and coworking space subtypes. Multiple tenancies are available. This highly visible location sits on the I-30 service road, benefiting from two-way traffic and excellent visibility with over 82,000 vehicles passing daily. The property enjoys a strong tenant base, with neighboring businesses including Davita, Riggs-CAT, United Rentals, Red River Credit Union, Farm Credit, Anytime Fitness, State Farm, and Edward Jones. This prime location and flexible space options make this an ideal opportunity for businesses seeking a prominent presence in Texarkana. The property's address is easily accessible and offers convenient access to major transportation routes. Contact us today to learn more about leasing opportunities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,856,666
    6.5%
    $6,329,230
    7%
    $5,877,142
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,806,505
    Geo Method
    $3,817,814
  • Alternative Use

    Use
    Valuation
    Residential
    $5,338,943
    Hospitality
    $4,890,443
    Educational
    $4,068,791
    Medical
    $4,208,723
    Retail
    $6,329,230
2203 Trinity Blvd, Texarkana, Arkansas
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Location Insight

City
Texarkana
County
Miller
State
Arkansas
Latitude
33.4753
Longitude
-94.0187
CBSA code
45500
CBSA name
TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,486
$151,720
$274,870
$426,590
-
$758,600
$1,374,350
$2,132,950

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