204 Arkansas Blvd, Texarkana, AR 71854-1904
This 1,980 square foot Class B office building, situated at 204 Arkansas Blvd in Texarkana, Arkansas, presents a compelling investment opportunity. Built in 1969 and renovated within the last 10 years, this single-story, single-unit property boasts 100% occupancy with a gross lease in place. The asking price is $400,000, translating to $202.02 per square foot. Located on a 0.32-acre lot, the property benefits from a prime location directly facing a Walmart Supercenter and surrounded by other major retailers including Albertson's, CVS, Walgreens, Healthcare Express, Starbucks, and Schlotzky's. The high visibility and traffic volume in this established commercial corridor (over 14,000 vehicles per day) make it ideal for a variety of uses, including executive or medical offices, and potentially retail. A fenced rear yard offers potential for parking expansion. The current owner is constructing a new strip center at Interstate 30 and is willing to offer a short-term leaseback to the buyer, or vacate the premises, depending on the buyer's needs. The property is zoned for office use. This is a rare opportunity to acquire a well-located, income-producing asset in the heart of Texarkana's thriving commercial district.
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Spine Care Alternative Medicine Practice
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Baker Paul D DC Alternative Medicine Practice
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.