516 Texas BlvdTexarkana, TX 75501

For Sale
$120,000 View listing
  • Commercial real estate
  • 1,400 SF

Property Details for 516 Texas Blvd

Year built
1993
Lot size
0.25 AC
Property size (Sq ft)
1,400 SF
Property type
Commercial real estate
APN
8148
APU
8148

Description

This 1,300-1,400 square foot traditional office building in Texarkana, Texas is available for sale at $120,000. Located at 516 Texas Blvd, this single-story building features an open floor plan ideal for a variety of uses. A back room provides ample storage, and a bathroom is conveniently located within the space. Access is available from Texas Blvd and a rear alley. Previously occupied by an insurance agency and a western store boutique, this versatile space is suitable for businesses such as a daycare, dance studio, photography studio, salon, or bakery. The property sits on two lots (516 & 518) and is situated in an opportunity zone. Its prime location offers proximity to downtown amenities, including the post office, boutiques, and restaurants. Built in the 1990s, the building boasts a cedar wood and brick exterior with a concrete foundation. It includes central electric heat and air conditioning, telephone and cable wiring, a phone system, and indoor/outdoor carpeting. Partial fencing and a back gate provide convenient access to the alley. A commercial flagpole is also present. The property meets all local ordinances and is move-in ready.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $352,905
    Hospitality
    $323,259
    Educational
    $268,947
    Medical
    $278,197
    Retail
    $418,363
516 Texas Blvd, Texarkana, Texas

Location Insight

City
Texarkana
County
Bowie
State
Texas
Latitude
33.424
Longitude
-94.0469
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
$1,895
$10,780
$69,238
$80,018
-
$10,780
$69,238
$80,018

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