1015 35th St, Texarkana, AR 71854-2745
This 2,408-square-foot medical office building, located at 1015 E 35th St, Texarkana, AR 71854, presents a unique investment opportunity. The Class B property, built in 1977 and extensively renovated in 2022, sits on a 0.455-acre lot and is zoned for commercial use. Currently vacant, the space offers significant potential for various uses, including its original configuration as a dental office. The interior features a spacious waiting area, reception/work area, patient intake room, four operatories fully plumbed for dental equipment (water, suction, air, oxygen, and nitrous oxide), two lab areas, two restrooms, and an employee break room. High-speed internet (gigabit Cat 6) and a phone system are installed throughout. Recent upgrades include a new roof, windows, HVAC system, lighting, and ballasts (2021/2022). The property also includes an open grassy area behind the building. The asking price is $285,000, translating to $118.36 per square foot. The property's APN is 2171020. This is a single-story building with excellent potential for a variety of medical or professional uses. The property is ready for immediate occupancy.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.