1521 Spruce StTexarkana, TX 75501

  • Other commercial real estate
  • 10,340 SF
For Sale
$537,000 View listing

Property Details for 1521 Spruce St

Year built
1955
Lot size
0.64 AC
Property size (Sq ft)
10,340 SF
Property type
Other commercial real estate
APN
8700
APU
8700

Description

This exceptional 12,442 square foot industrial property, located at 1521 Spruce St, Texarkana, TX 75501, is offered for sale at $537,000 ($43.16/sq ft). The single-story building, renovated in 2022, sits on a 0.64-acre lot and is zoned for commercial use. Features include 6 offices, a conference room, and secure premises. The warehouse space totals 10,482 square feet, with 5,362 square feet of climate-controlled area. This property provides excellent workspace and ample storage, perfectly suited for various business needs. Its convenient location offers easy access to major transportation routes and is approximately 6 miles from the Texarkana Regional Airport (TXK). This is a turnkey opportunity for businesses seeking a modern, efficient, and strategically located industrial space. The property boasts a combination of office and warehouse space, designed for optimal functionality and productivity. The recent renovation ensures modern amenities and a well-maintained structure. The ample lot size provides additional space for potential expansion or outdoor storage. This is a rare opportunity to acquire a fully renovated, ready-to-occupy industrial property in a desirable location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,606,453
    Hospitality
    $2,387,497
    Educational
    $1,986,369
    Medical
    $2,054,684
    Retail
    $3,089,908
1521 Spruce St, Texarkana, Texas
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Location Insight

City
Texarkana
County
Bowie
State
Texas
Latitude
33.4323
Longitude
-94.0541
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
$2,352
$20,000
$79,345
$99,345
-
$20,000
$79,345
$99,345

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