Property profile

3212 State Line Ave Texarkana, AR 71854

OFF-MARKET
Bars & Pubs
Property ID
US05-1748388
7,660 SF 6.63 ac lot Built 1965
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

State Line Plaza presents a rare opportunity to lease warehouse or flex space in the heart of Texarkana, Texas. This prime location on N State Line Ave offers two buildings totaling 43,250 square feet, situated on 6.63 acres of land. The property, built in 1964 and extensively renovated in 2024, is classified as Class B and zoned C3. The complex features 13 suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 15,000 square feet. Currently, 2,500 square feet is available. The buildings are single-story structures with a combined 320 feet of frontage, providing excellent visibility and accessibility. Loading is facilitated by three loading docks and one drive-in door. Ample parking is available with 186 spaces. The property boasts high ceilings, ideal for various uses, and features a large roll-up door for easy vehicle and forklift access. Property taxes are $0.50 per square foot. This versatile property is perfect for contractors, warehousing, or other businesses seeking a flexible and well-located space. Don't miss this chance to secure your ideal space in this thriving Texarkana location. The APN is 4310020.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1965
Total area 7,660 SF
Lot 6.63 ac (288,803 SF)
APN 4310020
UPID US05-1748388

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3212 State Line Ave Texarkana, AR 71854-2667
Texarkana metro Census 20100 TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.69M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$1.69M

Owner & transaction history

since 2024
Last sale
$1.7M
2 recorded transactions
2024
$1.7M
2007
$283,333

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +59.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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