405 Walnut St Texarkana, AR 71854-5218
- Office buildings
- 4,492 SF
- 0.31 lot acres
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
-
AI approach
- Method
- Estimation
- ML approach
- $265,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $195,000
- AI Estimate
- $283,000
Market price range: $135k - $395kMarket price range: $140k - $527k
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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