2014 Galleria Oaks DrTexarkana, TX 75503

  • Other commercial real estate
  • 5,656 SF
For Sale
$1,159,448 View listing

Property Details for 2014 Galleria Oaks Dr

Year built
1989
Lot size
0.84 AC
Property size (Sq ft)
5,656 SF
Property type
Other commercial real estate
APN
19513
APU
19513

Description

This exceptional 5,656 square foot Class B medical office building is situated on a 0.844-acre corner lot in the thriving Galleria Oaks Business/Medical Park in Texarkana, Texas. Currently vacant, this single-story building presents a unique investment opportunity in a high-demand area. The property features ten exam rooms, two doctor's offices, a dedicated lab, an X-ray room, a nurses' station, and five bathrooms, providing ample space for a variety of medical practices. Its convenient location offers excellent visibility and accessibility, with ample parking for staff and patients. The building is less than a mile from Christus St. Michael Hospital and only 0.3 miles from Interstate 30, ensuring easy access for both patients and employees. The asking price is $1,159,448, translating to $204.99 per square foot. This property is a turnkey solution for medical professionals seeking a well-equipped and strategically located facility in a rapidly growing market. The property's size and features make it ideal for a variety of medical uses. The location within the Galleria Oaks Business/Medical Park provides a synergistic environment with other medical businesses. This is a rare opportunity to acquire a substantial medical office building in a prime Texarkana location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,425,735
    Hospitality
    $1,305,965
    Educational
    $1,086,548
    Medical
    $1,123,916
    Retail
    $1,690,186
2014 Galleria Oaks Dr, Texarkana, Texas

Location Insight

City
Texarkana
County
Bowie
State
Texas
Latitude
33.47
Longitude
-94.0663
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
$15,106
$115,812
$522,141
$637,953
-
$115,812
$522,141
$637,953

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