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    FOR SALE
    Commercial real estate

    1816 S Kings Hwy, Texarkana, TX 75501

    1,920 SF 2 ac lot Built 1979
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US82-7047047
    1816 S Kings Hwy, Texarkana, TX 75501 For Sale
    $900,000 1,920 SF
    1816 S Kings Hwy, Texarkana, TX 75501
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    Property summary
    AI-generated overview

    This exceptional 11.7-acre commercial property in Texarkana, Texas, presents a compelling redevelopment opportunity. Located at 1816 S Kings Hwy, 75501, the site boasts 520 feet of frontage on South Kings Highway and is fully fenced with a newly installed gate. The property includes two existing self-storage buildings totaling 9,000 square feet, offering immediate income potential or a solid foundation for expansion. With 76 units currently in place, the asking price is $1,000,000, translating to $111.11 per square foot and $13,157.89 per unit. The property's zoning and ample land area allow for diverse development options, including additional self-storage units, industrial space, or flexible office/warehouse configurations. The land is priced at $2.00 per square foot, making it an attractive investment for developers seeking a prime location with significant upside potential. The property's APN is 11680016900. This is a rare chance to acquire a substantial land parcel in a growing Texas market, ideal for various commercial uses. The property is classified as Industrial, Land, and Self Storage, with subtypes including Commercial, Flex, and Warehouse.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1979
    Total area 1,920 SF
    Lot 2 ac (87,120 SF)
    APN 26870
    UPID US82-7047047
    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
    Current use
    Occupant on record · Public records
    • Kings Highway Storage Storage Facility
    • Kings Hwy. Self Storage-Site 2 Storage Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    WAYNE HACKETT
    WAYNE HACKETT
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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