400 State Line Ave 416 Texarkana, AR 71854-5927
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.