404 Walton DrTexarkana, TX 75501

  • Other commercial real estate
  • 12,283 SF
For Lease
$16.80/SF/YR View listing

Property Details for 404 Walton Dr

Year built
2004
Lot size
1.59 AC
Property size (Sq ft)
12,283 SF
Property type
Other commercial real estate
APN
53332
APU
53332

Description

This 1,373 square foot restaurant space, formerly a Subway, is ideally situated in a high-traffic area directly across from a Walmart Supercenter. The property is a single-tenant space within a vibrant strip mall, offering immediate occupancy for a similar restaurant concept. The space is fully equipped for restaurant operations, including a dedicated dining area, a well-appointed food preparation area, and two walk-in coolers. Essential restaurant features are already in place, such as three-compartment sinks and separate men's and women's restrooms. The strong tenant mix in the center includes established businesses such as Cato, GameStop, Jackson Hewitt, Luxury Nails, and Verizon Cellular, ensuring consistent foot traffic and visibility. This turnkey solution minimizes upfront investment and allows for a rapid launch of your restaurant business. The location's proximity to a major retailer like Walmart provides significant exposure and a built-in customer base. This is a rare opportunity to acquire a fully functional restaurant space in a prime location with minimal renovation needs. The property is ready for immediate occupancy and offers a significant advantage for a quick start-up.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,096,234
    Hospitality
    $2,836,134
    Educational
    $2,359,630
    Medical
    $2,440,781
    Retail
    $3,670,536
404 Walton Dr, Texarkana, Texas

Location Insight

City
Texarkana
County
Bowie
State
Texas
Latitude
33.4443
Longitude
-94.0988
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
$39,438
$380,600
$1,284,940
$1,665,540
-
$380,600
$1,284,940
$1,665,540

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