3809 9th St, Unit 14 Texarkana, AR 71854-5818
- Strip malls
- 6,000 SF
- 0.80 lot acres
Current Use by Public Records
- RK Hall Construction / Asphalt Contractor
- 82 Plaza / Plaza
- ATM / Atm
- Keller Coffee Company Texarkana / Caterer / Pizza Restaurant
- Discount Tobacco / Tobacco Shop
Property Details for 3809 9th St
- Year built
- 2003
- Lot size
- 0.80 lot acres
- Property size
- 6,000 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 290800
- APU
- 290800
Description
This exceptional 3,000 square foot restaurant space at 3809 E 9th St, Texarkana, AR 71854, is a fully equipped, single-tenant property ready for immediate occupancy. Boasting high visibility and modern amenities, this location benefits from its strategic placement within a thriving commercial area. The property is ideally situated to capitalize on the growth spurred by recent developments including the new Texarkana Regional Airport, the new Amazon Distribution Center, and the Goodyear Tire & Rubber presence. Its 3,000 square feet provide ample space for a variety of restaurant concepts, from quick-service establishments to full-service dining experiences. The turnkey nature of the property minimizes upfront investment and allows for a rapid start to operations. High traffic volume ensures significant potential for customer reach and revenue generation. This is a rare opportunity to establish a successful restaurant business in a dynamic and expanding market. The property is categorized as a restaurant under the retail subtype. Its prime location and existing infrastructure make it an attractive proposition for discerning entrepreneurs seeking a profitable venture in a high-growth area. Don't miss this chance to secure a thriving business location in Texarkana, Arkansas.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $340,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $395,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $325,000
- Retail
- $415,000
- Mixed-Use
- $350,000
- Hospitality
- $335,000
- Educational
- $425,000
- Residential Income
- $370,000
- Energy
- $405,000
- Income-Based Land
- $315,000
- Food Service
- $370,000
Location Insight
- Map
- Local Demand
- City
- Texarkana
- County
- Miller
- State
- Arkansas
- Longitude
- -93.9993
- Latitude
- 33.4313
- CBSA code
- 45500
- CBSA name
- TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA