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910 Realtor Ave Texarkana, AR 71854

Medical Office Space Google Maps
12,000 SF 1.12 ac lot Built 1996
Entity Owned 8-yr Hold ~ Est. High Equity
Estimated value (blended)
$345k
Range $311k – $380k (±10%)
Property ID US05-1637905

Property summary

AI-generated overview

This exceptional 12,000-square-foot medical office building presents a compelling investment opportunity in Texarkana, Arkansas. Located at 910 Realtor Ave, this vacant property sits on a 1.2-acre lot and is priced at $1,099,000 ($91.58/SF). Previously utilized as a VA clinic, the building offers significant potential for a variety of uses, including a state-of-the-art medical center, wellness facility, educational institution, or other commercial ventures. Its prime location boasts excellent I-30 visibility, ensuring high traffic and exposure. The expansive layout provides ample space for expansion or landscaping. Situated in a thriving Texarkana community with established residential neighborhoods nearby, this property benefits from a strong customer base. The property's size and location make it an ideal investment for those seeking a high-return opportunity in a growing market. The building is ready for immediate occupancy, allowing for swift implementation of a new business plan. This is a rare chance to acquire a substantial property in a desirable location with significant upside potential. The property is located in Miller County, Arkansas, zip code 71854.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1996
Construction FRAME
Total area 12,000 SF
Lot 1.12 ac (48,787 SF)
APN 2940010
UPID US05-1637905

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Physician
  • Physician
  • Physician
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $1.2M +29.3%
Auto repair, garage $1.0M +8.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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