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Texarkana, Arkansas: A Premier Destination for Commercial Real Estate

Introduction

Texarkana, Arkansas, offers a compelling landscape for commercial real estate (CRE) investment. Located on the state line between Arkansas and Texas, this city is uniquely positioned to serve as a strategic hub for various industries. With a population of around 30,000, Texarkana benefits from a diverse economic base, including key sectors such as logistics, manufacturing, and retail. Its unique positioning and vibrant economy make it an attractive destination for CRE professionals.

Economic and Industry Overview

Texarkana's economy is bolstered by major industries such as logistics, manufacturing, and healthcare, which drive demand for different types of commercial properties. The presence of multiple distribution centers and manufacturing plants creates a strong market for industrial real estate. The retail sector is also robust, supported by the city's role as a regional shopping destination.

Key regional economic development initiatives are spearheaded by the Ark-Tex Council of Governments, which provides resources for business development and infrastructure improvements.

Strategic Location and Transportation Infrastructure

Texarkana's strategic location at the intersection of major transportation corridors enhances its appeal for distribution and logistics operations. Major highways such as I-30 and US-59 provide excellent road connectivity. The Texarkana Regional Airport offers air travel and cargo services, while the Union Pacific Railroad provides vital rail connections.

These transportation advantages make Texarkana a prime location for logistics companies seeking easy access to labor pools and proximity to both border and coastal markets. For more information, visit the Arkansas Department of Transportation.

Commercial Real Estate Inventory & Zoning

Texarkana's CRE landscape is diverse, with distinct submarkets catering to various asset classes:

Central Business District (CBD): Primarily offers office and retail spaces.
Industrial Corridors: Located near major highways, ideal for warehouses and distribution centers.
Innovation Districts: Emerging areas focused on tech and startup ecosystems.

The city has implemented notable zoning changes to encourage development in Opportunity Zones. To explore zoning maps and parcel viewers, visit the City of Texarkana's Planning Department.

Major Employers and Institutions

Texarkana's economy is supported by major employers such as Cooper Tire & Rubber Company, Christus St. Michael Health System, and the Red River Army Depot. Additionally, institutions like Texas A&M University-Texarkana play a significant role in attracting talent and driving CRE demand.

For a comprehensive list of employers, visit the Texarkana Chamber of Commerce.

Notable Commercial Developments & Projects

Texarkana is witnessing several large-scale development projects, including mixed-use developments and innovation parks. Public-private partnerships and Opportunity Zones are instrumental in these efforts. For detailed information on these projects, check the City of Texarkana's Planning and Zoning Division.

Building Permits, Planning, and Development Tools

For developers and investors, understanding the permitting process is crucial. Key resources include:

Market Data & Economic Reports

Access to accurate market data is essential for informed CRE decisions. Public datasets from Census.gov and Texarkana's open data portal offer valuable insights. At Brevitas, we leverage AI-powered aggregation from these sources, providing dashboards that offer a detailed view of the Texarkana CRE market. Explore Brevitas-powered dashboards.