Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3133 Pleasant Grove Rd Texarkana, TX 75503
    Back to Search
    Property profile & analytics

    3133 Pleasant Grove Rd Texarkana, TX 75503

    View on Map
    • Commercial real estate
    • 3,012 SF
    • 3.50 lot acres
    Off-Market
    Property ID
    US82-1183478
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Marie's / Home Decor Store / Department Store

    Property Details for 3133 Pleasant Grove Rd

    Lot size
    3.50 lot acres
    Property size
    3,012 SF
    Property type
    Commercial real estate

    Description

    This exceptional 3,012 square foot executive office building, situated on a spacious 3.498-acre lot in Texarkana, Texas, presents a unique investment opportunity. Currently vacant, this property offers immediate occupancy for a discerning business. The building's previous use as an interior design office suggests a versatile layout adaptable to various professional needs. The asking price is $600,000, translating to $199.20 per square foot. Located at 3133 Pleasant Grove Rd, Texarkana, TX 75503, this property boasts a gorgeous and spacious interior with multiple rooms, ideal for a small office, clinic, or similar professional use. The ample land provides significant potential for expansion or future development. The property's location in Bowie County offers convenient access to local amenities and transportation routes. This turnkey solution eliminates the need for extensive renovations, allowing for a swift and efficient transition into your new workspace. The combination of prime location, substantial square footage, and expansive land makes this an exceptional opportunity for growth and success. This property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Bowie
    State
    Texas
    Longitude
    -94.1164554
    Latitude
    33.4651648

    Comparable in this City

    • $1,500,000
      13,072 SF

      Texarkana Retail/Office Investment Opportunity

      13,292 SF building with retail and office space available.
      3409-343 Cascades Blvd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      1.83-Acre Lot for Development

      1.83-acre lot ideal for retail, office, or multi-family development.
      4400 Moores Ln, Texarkana, TX 75503
      View Details
    • $135,000
      Pending

      Remodeled Office or Retail Space

      Move-in ready office or retail space in prime location.
      3211 Texas Blvd, Texarkana, TX 75503
      View Details
    • Contact for pricing
      21,344 SF

      Centrally Located Texarkana Office Building

      Office building in central Texarkana with on-site management.
      2603 Texas Blvd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Prime Land in High-Visibility Area

      3.24 acres suitable for retail or office development.
      2131 Galleria Oaks Dr, Texarkana, TX 75503
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      1.83-Acre Lot for Development

      1.83-acre lot ideal for retail, office, or multi-family development.
      4400 Moores Ln, Texarkana, TX 75503
      View Details
    • $1,500,000
      13,072 SF

      Texarkana Retail/Office Investment Opportunity

      13,292 SF building with retail and office space available.
      3409-343 Cascades Blvd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Prime Land in High-Visibility Area

      3.24 acres suitable for retail or office development.
      2131 Galleria Oaks Dr, Texarkana, TX 75503
      View Details
    • $1,000,000

      Texarkana Office Center For Sale

      Three-building office center on 1.49 acres, 87% leased.
      2601-2605 Texas Blvd, Texarkana, TX 75503
      View Details
    • $550,000
      4,503 SF

      Texarkana Law Office For Sale

      Custom-built office building with 10+ offices in a prime location.
      3512 Texas Blvd, Texarkana, TX 75503
      View Details
    • $900,000
      7,425 SF

      Texarkana Commercial Building For Sale

      Iconic location with a large building suitable for office or retail.
      3033 Kennedy Ln, Texarkana, TX 75503
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr

      Office Suite in Business Center

      Office suite in a newly developed business center.
      5902 Summerfield Dr, Texarkana, TX 75503
      View Details
    • $861 /Mo
      1,722 SF

      Texarkana Retail or Office Space

      Retail or office space available for rent in Texarkana.
      3905 New Boston Rd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Modern Office Space Available

      4,100 sq ft office space for lease.
      1732 Galleria Oaks Dr, Texarkana, TX 75503
      View Details
    • $16 SF/Yr

      Prime Commercial Space in Texarkana

      Highly visible space suitable for retail, office, or medical use.
      5035 W Park Blvd, Texarkana, TX 75503
      View Details
    • $1,518 /Mo
      3,035 SF

      Texarkana Retail or Office Space

      Retail or office space available for rent near Walmart.
      3905 New Boston Rd, Texarkana, TX 75503
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available, ranging from 5,000 to 23,400 sq. ft.
      Swc I-30 & Richmond Rd, Texarkana, TX 75503
      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.
    3133 Pleasant Grove Rd
    Texarkana, TX 75503
    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

    Thank You for Inquiry
    3133 Pleasant Grove Rd, Texarkana, TX, 75503
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!