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Property profile & analytics

404 Walton Dr Texarkana, TX 75501

  • Commercial real estate
  • 12,283 SF
  • 1.59 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US83-3943188
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.

Current Use by Public Records

  • 55 Gallon Drums Texarkana / Big Box & Wholesale Store / Factory
  • GameStop / Arcade & Gaming Center / Electronics & Wireless Store
  • Cato Fashions / Clothing & Fashion Store
  • Verizon Authorized Retailer - MDI / Mobile Phone Store / Electronics & Wireless Store
  • Verizon Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store

Property Details for 404 Walton Dr

Year built
2004
Lot size
1.59 lot acres
Property size
12,283 SF
Property type
Commercial real estate
APN
53332
APU
53332

Description

This 1,373 square foot restaurant space, formerly a Subway, is ideally situated in a high-traffic area directly across from a Walmart Supercenter. The property is a single-tenant space within a vibrant strip mall, offering immediate occupancy for a similar restaurant concept. The space is fully equipped for restaurant operations, including a dedicated dining area, a well-appointed food preparation area, and two walk-in coolers. Essential restaurant features are already in place, such as three-compartment sinks and separate men's and women's restrooms. The strong tenant mix in the center includes established businesses such as Cato, GameStop, Jackson Hewitt, Luxury Nails, and Verizon Cellular, ensuring consistent foot traffic and visibility. This turnkey solution minimizes upfront investment and allows for a rapid launch of your restaurant business. The location's proximity to a major retailer like Walmart provides significant exposure and a built-in customer base. This is a rare opportunity to acquire a fully functional restaurant space in a prime location with minimal renovation needs. The property is ready for immediate occupancy and offers a significant advantage for a quick start-up.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,120,000
    6.5%
    $1,955,000
    7%
    $1,815,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $1,638,000
    Market price range: $462k - $1.64M

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


Location Insight

  • Map
  • Local Demand
City
Texarkana
County
Bowie
State
Texas
Longitude
-94.0988
Latitude
33.4443
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
$39,438
$380,600
$1,284,940
$1,665,540
-
$380,600
$1,284,940
$1,665,540
More about this property
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