1220 13Th StTexarkana, TX 75501

  • Commercial real estate
  • 41,792 SF
For Sale
$1,123,360 View listing

Property Details for 1220 13Th St

Year built
1963
Lot size
5.13 AC
Property size (Sq ft)
41,792 SF
Property type
Commercial real estate
APN
18033
APU
18033

Description

This exceptional industrial property at 1220 W 13th St, Texarkana, Texas, offers 41,792 square feet of warehouse space, priced at $26.88 per square foot for a total asking price of $1,123,360. The property sits on a 5.13-acre lot, mostly hard-surfaced, and boasts key features ideal for logistics and distribution. A significant advantage is the inclusion of a KCS rail spur, providing direct rail access for efficient shipping and receiving. The warehouse features 20-foot ceiling heights, allowing for ample storage and operational flexibility. Multiple enclosed warehouse structures are present, along with five covered areas (not included in the 41,792 sq ft total). Additionally, there is approximately 5,120 square feet of retail/parts counterspace. The property is secured by a perimeter fence and enjoys a convenient location between downtown Texarkana and Summerhill Road, ensuring easy access to major transportation routes. This makes it suitable for various businesses, including lumber sales and other specialized industrial storage needs. This is a prime opportunity to acquire a well-located, functional industrial property with significant operational advantages. The property's size, rail access, and ample space make it a compelling investment for businesses seeking efficient and strategic warehousing solutions in the Texarkana area. The zip code is 75501.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,534,707
    Hospitality
    $9,649,735
    Educational
    $8,028,466
    Medical
    $8,304,578
    Retail
    $12,488,725

Location Insight

City
Texarkana
County
Bowie
State
Texas
Latitude
33.43
Longitude
-94.0575
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
$16,859
$41,040
$670,968
$712,008
-
$41,040
$670,968
$712,008

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