3101 Kennedy LnTexarkana, TX 75503

  • Other commercial real estate
  • 15,230 SF
For Sale
$2,000,000 View listing

Property Details for 3101 Kennedy Ln

Year built
2007
Lot size
1.16 AC
Property size (Sq ft)
15,230 SF
Property type
Other commercial real estate
APN
56785
APU
56785

Description

This exceptional 14,799-square-foot retail and office strip center presents a compelling investment opportunity in Texarkana, Texas. Built in 2007, the single-story building sits on a 1.16-acre lot at 3101 Kennedy Ln, 75503, offering high visibility and accessibility. Its prime location directly across from Central Mall ensures significant foot traffic and exposure. The property is configured as a multi-tenant building, ideal for a diverse range of businesses. The asking price is $2,000,000, translating to $135.14 per square foot. The lease type is NNN (Net, Net, Net), meaning tenants are responsible for property taxes, insurance, and maintenance. Detailed financial information and appraisals are available upon request. This property offers a blend of modern design and ample space, making it an attractive option for both investors and tenants seeking a strategic location in a thriving commercial area. The property's single-story design and convenient layout enhance its functionality and appeal. This is a rare opportunity to acquire a well-situated, established commercial property in a high-traffic area of Texarkana.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,839,098
    Hospitality
    $3,516,593
    Educational
    $2,925,764
    Medical
    $3,026,386
    Retail
    $4,551,189
3101 Kennedy Ln, Texarkana, Texas

Location Insight

City
Texarkana
County
Bowie
State
Texas
Latitude
33.4534
Longitude
-94.0772
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
$35,284
$277,194
$1,212,920
$1,490,114
-
$277,194
$1,212,920
$1,490,114

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