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Property profile & analytics
FOR SALE
Flex space

3005 S Lake Dr Texarkana, TX 75501

3,000 SF
Property ID
US82-0053592
Property summary
AI-generated overview

Positioned on a high-visibility corner at Harrison St. and S. Lake Drive, this versatile metal building offers a turnkey setup ideal for training, office, or light industrial use. Currently configured for the Texarkana Electrical Joint Apprenticeship Training Committee, the property was thoughtfully updated in 2019 with modern finishes including new wiring, sheetrock, interior doors, drop ceilings, and durable stained concrete flooring. The functional layout features a fully heated and cooled building configures as an office area, four dedicated classrooms, and a spacious workroom/garage equipped with two overhead doors—perfect for hands-on training or service operations. A half bath is conveniently located on-site. Climate control is supported by two HVAC units secured in exterior cages. Situated on a corner lot with excellent accessibility, the property provides ample on-site parking with approximately 20–29 existing spaces. Connected to city services, this property offers efficiency and ease of operation with average monthly expenses around $1, 500, covering taxes, insurance, utilities, pest control, fire extinguisher service, and alarm monitoring. An excellent opportunity for educational, trade, or flex-space users seeking a well-located, move-in-ready facility.

Property profile
Verified
Property type Flex space
Total area 3,000 SF
UPID US82-0053592
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
  • Texarkana Electrical JATC High School
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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