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    400 State Line Ave, Unit 416 Texarkana, AR 71854-5927
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    Property profile & analytics

    400 State Line Ave, Unit 416, Texarkana, AR 71854-5927

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    • Office buildings
    • 10,088 SF
    • 0.26 lot acres
    Off-Market
    Last Sale May 16, 2022
    $140,000
    Property ID
    US05-1635679
    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.

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    Cap Rate Potential
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    Current Use by Public Records

    • Office buildings

    Property Details for 400 State Line Ave

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.26 lot acres
    Property type
    Office buildings
    APN
    1012180
    APU
    1012180

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 2, 2025 $247,000 Txk903 LLC Michael Unger Warranty Deed —
    May 16, 2022 — David Linton Jennifer Hubbe Quit Claim Deed · related —
    Jul 30, 2009 $140,000 Cliffton A Jones Jl Long Corporation Warranty Deed $142k · Guaranty Bond Bank Texarkana

    Description

    This exceptional investment opportunity presents a 20,176 square foot multi-tenant office building located at 400 N State Line Ave, Texarkana, TX 75501. Situated on a 0.26-acre lot, this property boasts a prime corner location at the intersection of 4th and State Line Avenue in historic Texarkana, offering excellent visibility and accessibility. Currently operating at 30% occupancy, this presents a significant upside potential for a savvy investor. The building features a mix of executive office suites, ideal for a variety of businesses. The upper level includes a sizeable, renovatable space, previously used as a hotel, offering further development possibilities. Its strategic location provides easy access to the United States Federal Building, just one block away, and is within minutes of major transportation arteries including interstate highways and rail lines. The surrounding area offers a variety of restaurants and amenities, enhancing the property's appeal to both tenants and employees. The asking price for this unique property is $470,000. This is a rare chance to acquire a substantial commercial property in a thriving Texas city with significant potential for increased revenue and return on investment. The property's historic character combined with its modern convenience makes it an attractive proposition for a wide range of investors and developers. Don't miss this opportunity to own a piece of Texarkana's rich history and vibrant future.


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    Location Insight

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    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -94.0428
    Latitude
    33.4242
    CBSA code
    45500
    CBSA name
    TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,899
    $5,700
    $27,390
    $33,090
    -
    $28,500
    $136,950
    $165,450
    More about this property
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