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    FOR SALE
    Turn key restaurants

    1514 Arkansas Blvd, Texarkana, AR 71854

    10,126 SF 1.76 ac lot Built 1997
    Entity Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US05-1770823
    Property summary
    AI-generated overview

    This exceptional restaurant property in Texarkana, Arkansas, presents a lucrative investment opportunity. Located at 1514 Arkansas Blvd, 71854, this 10,126 square foot establishment sits on a spacious 1.757-acre lot, offering ample on-site parking for patrons. The property boasts a prime location known for its high traffic volume, ensuring significant visibility and accessibility. The asking price for the sale of this turnkey operation is $1,450,000, translating to $143.20 per square foot. Alternatively, the property is available for lease at a monthly rate of $7,800. This well-situated restaurant is ready for immediate occupancy and presents a unique chance to acquire a thriving business or establish a new venture in a highly desirable area. The property's size and location make it ideal for a variety of culinary concepts, offering significant potential for growth and profitability. The substantial lot size provides ample space for outdoor seating or expansion, further enhancing its appeal. Don't miss this chance to own a piece of Texarkana's vibrant culinary scene.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1997
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 10,126 SF
    Lot 1.76 ac (76,535 SF)
    APN 1450331
    UPID US05-1770823
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Owner & transaction history
    Jl Long Corporation · 14 yrs held
    Jl Long Corporation
    since 2012
    2 recorded transactions
    2022
    2012
    $700,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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