910 Realtor AveTexarkana, AR 71854

Property Details for 910 Realtor Ave

Year built

1996

Construction

FRAME

Lot size

1.12 AC

Property size (Sq ft)

12,000 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

2940010

APU

2940010

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,642,719

  6.5%

  $2,439,433

  7%

  $2,265,188

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,755,138

  Geo Method

  $858,360

• Alternative Use

  Use

  Valuation

  Residential

  $3,024,897

  Hospitality

  $2,770,789

  Educational

  $2,305,264

  Medical

  $2,384,546

  Retail

  $3,585,966

Location Insight

City

Texarkana

County

Miller

State

Arkansas

Latitude

33.4696

Longitude

-94.0323

CBSA code

45500

CBSA name

TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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