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Property profile & analytics

405 Walnut St Texarkana, AR 71854-5218

  • Office buildings
  • 4,492 SF
  • 0.31 lot acres
OFF-MARKET
Value Estimations
$265,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US05-1704767
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

  • Miller County Abstract and Title / Title Company / Escrow Service

Property Details for 405 Walnut St

Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.31 lot acres
Property size
4,492 SF
Property type
Office buildings
APN
1012060
APU
1012060

Description

This exceptional 4,492 square foot office building presents a unique investment opportunity in the heart of downtown Texarkana, Arkansas. Built in 1929, this single-story structure sits on a 0.32-acre lot at 405 Walnut Street, zip code 71854, offering convenient access to the city's amenities and vibrant business district. The property boasts ample office space, perfectly suited for a variety of professional uses. Two dedicated conference rooms provide ideal settings for meetings and presentations, while a separate file room ensures efficient document management. A welcoming reception area with ample seating creates a professional first impression for clients and visitors. The building's classic architecture and prime location combine to create a highly desirable commercial property. The asking price is $275,000. This is a rare chance to acquire a well-established office building in a thriving Arkansas city. The property's size and layout offer flexibility for various business needs, making it an attractive investment for both established companies and entrepreneurs seeking a prominent downtown presence. Don't miss this opportunity to own a piece of Texarkana's history and commercial landscape.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $265,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $195,000
    Market price range: $135k - $395k
    AI Estimate
    $283,000
    Market price range: $140k - $527k

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


Location Insight

  • Map
  • Local Demand
City
Texarkana
County
Miller
State
Arkansas
Longitude
-94.0414
Latitude
33.4248
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
$2,422
$3,570
$38,620
$42,190
-
$17,850
$193,100
$210,950
More about this property
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