Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Arlington Land Development Opportunity Title is generated by Realmo AI

    2120 W Sublett Road, Arlington, TX 76017

    View on Map
    Claim this Listing
    For Sale
    $575,000

    Unimproved Land - Arlington, TX

    Type:Unimproved Land
    Lot size:
    4.57 Acres
    Added:
    Sep 9, 2025
    Days on Market:
    265
    Last Refresh:
    May 31 at 6:06 pm

    Property Features for 2120 W Sublett Road

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    04503295
    Lot size
    4.57 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Patty Turner

    Listing agent Patty Turner License #0426347

    Listing office Keller Williams Rockwall 550 Vigor Way Ste 200, Rockwall, TX

    Listing date Sep 9, 2025

    MLS# 20704557 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

    • Large 4.5+ acre lot suitable for residential or commercial development.
    • Excellent visibility and high traffic counts on W Sublett Rd.
    • Utilities available at the road and existing fire hydrant on the property.
    • Located at the intersection of W Sublett and S Cooper, near hard commercial corners.
    • Existing curb cut provides immediate access.
    • Across the street from Albertsons Supermarket.

    Overview

    This property presents a prime development opportunity encompassing over 4.5 acres suitable for residential or commercial development. Rezoning, Planned Development (PD), or Specific Use Permit (SUP) may be required. The location benefits from excellent visibility and high traffic counts on W Sublett Road. Existing infrastructure includes one curb cut, utilities at the road, and a fire hydrant on the property. The site is positioned at the cross streets of W Sublett and S Cooper, characterized by hard commercial corners, and is located across the street from an Albertsons Supermarket.
    Property Profile Location Intelligence

    Current Use by Public Records

    Family Fellowship Baptist ... Church

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.139036
    Latitude
    32.646766

    Nearby Similar for Sale

    • $875,000
      4,098 SF

      Prime Arlington Office Building Opportunity

      Two well-maintained office buildings in a prime Arlington location.
      1311/1313 W Abram Street, Arlington, TX 76013
      View Details
    • $760,000
      2,665 SF

      Turnkey Assisted Living Facility

      Fully operational, updated 6-bed assisted living facility ready for immediate operation.
      715 Buttermilk Drive, Arlington, TX 76006
      View Details
    • $1,300,000
      3,957 SF

      Retail Property in High-Traffic Area

      Fully leased retail property with income potential in Arlington, TX.
      2712-2720 W Division St, Arlington, TX 76012
      View Details
    • $5,347,000

      Arlington Office Campus For Sale

      Dual-building office campus in Arlington's Entertainment District.
      2660 E Lamar Boulevard, Arlington, TX 76011
      View Details
    • $449,500

      Arlington Commercial Property for Sale

      Versatile commercial property suitable for office, retail, or service business.
      1012 W Division Street, Arlington, TX 76012
      View Details
    • $325,000

      Arlington Office Building For Sale

      1,964 SF office building on 0.39 acres in Arlington.
      117 E Park Row Drive, Arlington, TX 76010
      View Details
    • $965,500

      Arlington Property for Learning Center

      Property suitable for learning center, office, or daycare use.
      6409 W Poly Webb Road, Arlington, TX 76016
      View Details
    • $485,000

      Arlington, TX Commercial Land

      1.5-acre commercial land parcel in Arlington, Texas.
      2400 W Sublett Road, Arlington, TX 76017
      View Details
    • $2,900,000
      6,336 SF

      Arlington Entertainment District Commercial Property

      Income-producing commercial property near stadiums and entertainment venues.
      2101 E Randol Mill Road, Arlington, TX 76011
      View Details
    • $1,650,000

      7.5 Acres Commercial Land Opportunity

      Prime commercial land in a high-demand Arlington location.
      2045 Green Oaks Boulevard SE, Arlington, TX 76017
      View Details
    • $425,000
      1,000 SF

      Arlington Duplex with Recent Updates

      Well-maintained duplex in Arlington, TX with updated features and leases.
      5708 Ranchogrande Drive, Arlington, TX 76017
      View Details
    • $359,900

      Updated Duplex in Arlington, TX

      Recently updated duplex with tenant leases in place, great investment.
      515 Gibbins Court, Arlington, TX 76011
      View Details

    FAQs

    What type of property is this?
    Land - 4.5+ acre land parcel suitable for residential or commercial development.
    Where is this land located?
    The property is located at 2120 W Sublett Road Arlington, TX.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: Large 4.5+ acre lot suitable for residential or commercial development.; Excellent visibility and high traffic counts on W Sublett Rd.; Utilities available at the road and existing fire hydrant on the property.
    (972) 599-7000
    We can help!
    Listing Contact
    Patty Turner
    Real Estate License ID: 0426347
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2120 W Sublett Road, Arlington, TX 76017
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!