12418 Hwy 196Texarkana, AR 71854

  • Grocery and convenience stores
  • 1,848 SF
Off market
$7,814,710 Estimated

Property Details for 12418 Hwy 196

Year built
1950
Construction
FRAME
Lot size
0.78 AC
Property size (Sq ft)
1,848 SF
Property type
Grocery and convenience stores
APN
489700
APU
489700

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $598,259
    6.5%
    $552,239
    7%
    $512,793
  • Comparable approach

    Method
    Valuation
    Relative Method
    $681,134
    Geo Method
    $333,112
  • Alternative Use

    Use
    Valuation
    Residential
    $465,834
    Hospitality
    $426,702
    Educational
    $355,011
    Medical
    $367,220
    Retail
    $552,239

Location Insight

City
Texarkana
County
Miller
State
Arkansas
Latitude
33.3741
Longitude
-93.8748
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
$464
$2,180
$6,140
$8,320
-
$10,900
$30,700
$41,600

FAQs

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