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    Pantego Converted Commercial Space Title is generated by Realmo AI

    1927 Arkansas Lane, Pantego, TX 76013

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    Claim this Listing
    For Sale
    $725,000

    Office - Pantego, TX

    Type:Office
    Property size:
    3,000 SF
    Lot size:
    0.38 Acres
    Price / SF:
    $241/SF
    Added:
    Mar 21, 2026
    Days on Market:
    71
    Last Refresh:
    May 30 at 2:06 pm

    Property Features for 1927 Arkansas Lane

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Parking features
    Garage, Open, Parking Lot, Paved or Surfaced
    Standard status
    Active
    APN
    03765067
    Size
    3,000 SF
    Lot size
    0.38 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1958
    Flooring type
    Hardwood, Laminate
    Building materials
    Brick
    Roof type
    Asphalt, Composition
    Architectural style
    Other

    We can help!

    Listing Contact
    Melanie MacDonald

    Listing agent Melanie MacDonald License #0736581

    Listing office Winters Legacy Realty 6031 W I 20 STE 244, ARLINGTON, TX

    Listing date Mar 21, 2026

    MLS# 21188078 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility location on W Arkansas Lane with high daily traffic counts.
    • C‑4 zoning suitable for office, professional services, studio, or similar commercial uses.
    • Separate 3000+ sq ft warehouse space with roll‑up doors.
    • Existing monument sign with electric marquee for advertising.
    • Flexible floor plan with multiple private rooms, open work areas, kitchen, and bathroom.
    • Ready for immediate occupancy.

    Overview

    This converted commercial space is located in Pantego, Texas, and benefits from C-4 zoning and excellent visibility on W Arkansas Lane. The property features high daily traffic counts and an existing monument sign with an electric marquee for business advertising. The back half of the property includes a separate building with over 3000 square feet of warehouse space and roll-up doors. The front of the property is a converted building offering a flexible floor plan with multiple private rooms, open work areas, a kitchen, and a bathroom. The interior features wood-look flooring, natural light, and character details throughout. The space is ready for immediate occupancy. It is ideal for office, professional services, studio, or similar commercial uses. The front office building is also listed for lease. The lot size is 0.378 acres.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $92.2k $30.72
    − Vacancy −$23.0k −$7.68
    EGI $69.1k $23.04
    − OpEx −$17.3k −$5.76
    NOI $51.8k $17.28
    3,000 SF · lease $30.72/SF/yr · vacancy 25.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $740.6K
    $648.0K – $864.0K (±1% cap)
    NOI $51,840 @ 7.0% cap · market cap 7.15%
    Second Best
    Retail
    $711.4K
    $622.4K – $829.9K (±1% cap)
    NOI $49,795 @ 7.0% cap · market cap 6.87%
    Theoretical Best
    Office A
    $1.06M
    $923.4K – $1.23M (±1% cap)
    NOI $73,872 @ 7.0% cap · market cap 10.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    • Extreme Hospitality Services — 2106 W Pioneer Pkwy #125, Pantego, TX 76013
    • Mercado Juarez Catering — Arlington, TX 76013

    Map

    City
    Pantego
    County
    Tarrant
    State
    Texas
    Longitude
    -97.138211
    Latitude
    32.707043

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    FAQs

    What type of property is this?
    Flex space - Converted commercial space with warehouse in Pantego, TX.
    Where is this flex space located?
    The property is located at 1927 Arkansas Lane Pantego, TX.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: High‑visibility location on W Arkansas Lane with high daily traffic counts.; C‑4 zoning suitable for office, professional services, studio, or similar commercial uses.; Separate 3000+ sq ft warehouse space with roll‑up doors.
    (817) 818-6861
    We can help!
    Listing Contact
    Melanie MacDonald
    Real Estate License ID: 0736581
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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