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    Improved Shell Retail Suite Title is generated by Realmo AI

    5312 Park Springs Boulevard, Arlington, TX 76017

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    Claim this Listing
    For Lease
    $4,000/Mo $21 SF/Yr (calc)

    COMMERCIAL - Arlington, TX

    Type:Retail
    Property size:
    2,188 SF
    Lot size:
    1.78 Acres
    Added:
    May 14, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 3 at 3:06 pm

    Property Features for 5312 Park Springs Boulevard

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    40998525
    Lot size
    1.78 Acres

    Taxes and HOA fees

    Tax Description
    GREEN OAKS VILLAGE ADDITION BLOCK 1 LOT 3

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2005
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Concrete, Carpet
    Building materials
    TiltUp
    Roof type
    Metal

    We can help!

    Listing Contact
    Eric English
    Eric English

    Listing agent Eric English License #03778963

    Listing office English Realty, LLC Arlington, TX

    Listing date May 14, 2026

    MLS# 20200445

    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

    • Tilt‑up construction building with metal roof
    • 2188 SF improved shell condition, with additional allowance available
    • Central air cooling and electric heating
    • Public water and public sewer
    • Built in 2005
    • Concrete and carpet flooring

    Overview

    Available for lease: a 2,188-square-foot retail suite delivered in improved shell condition. The space is ready for customization, and the deal includes additional allowance to support tenant buildout needs. This combination can help streamline the path from delivery to opening for the right operator.

    Located at 5312 Park Springs Boulevard in Arlington, Texas 76017. The property is positioned on a larger site of approximately 1.782 acres, providing a dedicated setting for retail use within the immediate development context.

    This offering is best suited for retailers and service users who want to control layout and finish details while starting from an improved shell base. With allowance available, tenants can align the final buildout scope with their operational plans rather than beginning entirely from raw conditions. If you are evaluating sites for an upcoming opening or expansion, this suite provides a practical foundation in a retail-oriented configuration.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mathews Raymond F ... Alternative Medicine Practice Trinity Title of Texas Title Company A&O Texas Solutions ... General Contractor Gyros to Go - Park ... Restaurant Goates Larry J ... Dental Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.167422
    Latitude
    32.659791

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    FAQs

    What type of property is this?
    Retail space - Improved shell retail space with additional allowance, ideal for tailoring buildout to your tenant requirements.
    Where is this retail space located?
    The property is located at 5312 Park Springs Boulevard Arlington, TX.
    What is the lease rate?
    The lease rate is $4,000 /Mo.
    What are key features of this property?
    This property features: Tilt‑up construction building with metal roof; 2188 SF improved shell condition, with additional allowance available; Central air cooling and electric heating
    (817) 860-0074
    We can help!
    Listing Contact
    Eric English
    Eric English
    Real Estate License ID: 03778963
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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.

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