Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4423 E Broad St Texarkana, AR 71854
    Back to Search
    Property profile & analytics

    4423 E Broad St Texarkana, AR 71854

    View on Map
    • Retail space
    • 20,110 SF
    • 10.46 lot acres
    For Sale
    $795,000
    View Listing →
    Texarkana Warehouse Near Airport For Sale
    $795,000
    20,110 SF

    Texarkana Warehouse Near Airport

    20,110 SF warehouse on 10.455 acres near I-49/I-30.

    4423 E Broad St, Texarkana, AR
    View Listing
    Property ID
    US05-1880929
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Good Day Farm Dispensary - Texarkana / (Bike/Boat/Book/etc) Store

    Property Details for 4423 E Broad St

    Year built
    1965
    Lot size
    10.46 lot acres
    Property size
    20,110 SF
    Property type
    Retail space
    APN
    233200
    APU
    233200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $825,000
      ML approach
      $630,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $807,000
      Market price range: $368k - $2.00M
      AI Estimate
      $879,000
      Market price range: $720k - $2.31M

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

    Location Insight

    • Map
    • Local Demand
    City
    Texarkana
    County
    Miller
    State
    Arkansas
    Longitude
    -93.9919
    Latitude
    33.4661
    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
    $4,842
    $41,820
    $42,540
    $84,360
    -
    $209,100
    $212,700
    $421,800

    Comparable in this City

    • Value Estimation by Request
      5,278 SF

      301 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 5,278 SF
      301 3rd St, Texarkana, AR 71854-5918
      View Details
    • Value Estimation by Request
      920 SF

      515 7th St

      RETAIL STORES (PERSONAL SERVICES) • 920 SF
      515 7th St, Texarkana, AR 71854
      View Details
    • Value Estimation by Request
      6,900 SF

      116 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 6,900 SF
      116 Broad St, Texarkana, AR 71854-5902
      View Details
    • Value Estimation by Request
      1,750 SF

      711 Ee St

      RETAIL STORES (PERSONAL SERVICES) • 1,750 SF
      711 Ee St, Texarkana, AR 71854-6805
      View Details
    • Value Estimation by Request
      3,000 SF

      210 Ee St

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      210 Ee St, Texarkana, AR 71854-6504
      View Details
    • Value Estimation by Request
      5,146 SF

      1916 State Line Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,146 SF
      1916 State Line Ave, Texarkana, AR 71854-3581
      View Details

    Similar Nearby for Sale

    • $375,900
      4,800 SF

      New Metal Building in Texarkana

      New 4,800 SF metal building on 1.11 acres.
      2115 E Broad St, Texarkana, AR 71854
      View Details
    • $274,500
      4,961 SF

      Texarkana Commercial Property For Sale

      Commercial property with restaurant and rental income on busy street.
      934 N State Line Ave, Texarkana, AR 71854
      View Details
    • $320,000
      1,980 SF

      Versatile Retail/Office Space Available

      1,980 SF building suitable for retail or office use.
      204 Arkansas Blvd, Texarkana, AR 71854
      View Details
    • $2,995,000
      13,522 SF

      Truck Wash with Retail Space

      Established truck wash with retail space on 2.55 acres.
      6798 State Hwy 108, Texarkana, AR 71854
      View Details
    • $329,000
      14,335 SF

      Texarkana Commercial Property For Sale

      Retail and office space available with existing tenants.
      100 East St, Texarkana, AR 71854
      View Details
    • $145,000
      6,048 SF

      Texarkana Commercial Space Available

      Retail space for sale or lease in Texarkana, Arkansas.
      119 E Broad St, Texarkana, AR 71854
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      4,961 SF

      Texarkana Commercial Space For Rent

      Two vacant spaces available, ideal for restaurant or retail.
      934-936 N State Line Ave, Texarkana, AR 71854
      View Details
    • $22 SF/Yr
      11,741 SF

      Retail Space Near Walmart

      Retail space with high visibility and easy access.
      131 Arkansas Blvd, Texarkana, AR 71854
      View Details
    • Contact for pricing

      Texarkana Retail Space Available

      Prime retail space in busy College Hill Shopping Center.
      720 East St, Texarkana, AR 71854
      View Details
    • $1,000 /Mo
      3,000 SF

      Texarkana Retail Spaces For Lease

      Two 1,500 sqft retail spaces available in high-traffic area.
      934-936 N State Line Ave, Texarkana, AR 71854
      View Details
    • $4,194 /Mo

      Retail Space in Texarkana Plaza

      End-cap retail space with strong co-tenancy in Texarkana, AR.
      131 Arkansas Blvd, Texarkana, AR 71854
      View Details
    • Contact for pricing

      Retail Space Near Walmart

      Retail space with high visibility and easy access.
      131 Arkansas Blvd, Texarkana, AR 71854
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4423 E Broad St
    Texarkana, AR 71854
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4423 E Broad St, Texarkana, AR, 71854
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!