Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1411 12th Preston St Texarkana, AR 71854-5550

    • Specialty properties
    • 4,591 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US05-1748363
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Specialty properties

    Property Details for 1411 12th Preston St

    Year built
    1960
    Property size
    4,591 SF
    Property type
    Specialty properties
    APN
    4470360
    APU
    4470360

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.0275
    Latitude
    33.4275
    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
    $255
    $2,000
    $2,440
    $4,440
    -
    $10,000
    $12,200
    $22,200

    Comparable in this City

    • Value Estimation by Request
      948 SF

      1415 Preston St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 948 SF
      1415 Preston St, Texarkana, AR 71854
      View Details
    • Value Estimation by Request
      1,408 SF

      1501 9th St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,408 SF
      1501 9th St, Texarkana, AR 71854-5578
      View Details
    • Value Estimation by Request
      8,804 SF

      1711 9th St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 8,804 SF
      1711 9th St, Texarkana, AR 71854-5582
      View Details
    • Value Estimation by Request
      10,164 SF

      4801 Pkwy Dr, Unit 4807

      CREMATORIUM, MORTUARY • 10,164 SF
      4801 Pkwy Dr, Texarkana, AR 71854-1139
      View Details
    • Value Estimation by Request
      1,206 SF

      1407 Preston St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 1,206 SF
      1407 Preston St, Texarkana, AR 71854-5550
      View Details
    • Value Estimation
      $2,180,000
      20,049 SF

      311 Broad St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 20,049 SF
      311 Broad St, Texarkana, AR 71854-5905
      View Details

    Similar Nearby for Sale

    • $329,000
      14,335 SF

      Commercial Property with Tenant Income

      Commercial property with existing tenants generating monthly income.
      100 East St, Texarkana, AR 71854
      View Details
    • $165,000
      6,048 SF

      Commercial Property in Texarkana

      Commercial property available for sale or lease in Texarkana.
      119 E Broad St, Texarkana, AR 71854
      View Details
    • $280,000
      6,379 SF

      Texarkana Commercial Building For Sale

      Versatile 6,379 sq ft building on 0.94 acres.
      507 Hickory St, Texarkana, AR 71854
      View Details
    • $1,200,000
      2,016 SF

      Texarkana, AR Gas Station

      Newly renovated gas station with absolute NNN lease.
      1302 E 35Th St, Texarkana, AR 71854
      View Details
    • Contact for pricing
      4,338 SF

      Medical Office in Prime Location

      Single-tenant medical office with long-term lease and zero landlord responsibilities.
      125 Arkansas Blvd, Texarkana, AR 71854
      View Details
    • Contact for pricing
      9,217 SF

      NNN Dollar General Investment

      NNN Dollar General in Texarkana, Arkansas for sale.
      3760 East St, Texarkana, AR 71854
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Warehouse and Office Space Available

      5,420 SF warehouse and office space near I-30.
      3201 E 50Th St, Texarkana, AR 71854
      View Details
    • $2,500 /Mo
      5,072 SF

      Downtown Texarkana Office Building

      Office building for lease in downtown Texarkana, Arkansas.
      409 Hazel St, Texarkana, AR 71854
      View Details
    • Contact for pricing

      Highly Visible Strip Center

      Strip center with high visibility on I-30 service road.
      2203 Trinity Blvd, Texarkana, AR 71854
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      12,000 SF retail space with offices and full kitchen.
      720 Realtor Ave, Texarkana, AR 71854
      View Details
    • Contact for pricing

      Warehouse/Office Space Near Interstate

      5,420 SF warehouse/office space with excellent interstate access.
      3201 E 50Th St, Texarkana, AR 71854
      View Details
    • $1,500 /Mo
      3,000 SF

      Texarkana Retail Space For Lease

      Two 1,500 sqft retail spaces available in high-traffic area.
      934-936 N State Line Ave, Texarkana, AR 71854
      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.
    1411 12th Preston St
    Texarkana, AR 71854-5550
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!