Industrial Manufacturing Building For
For Sale
Contact for pricing
710 N Watson Rd, Arlington, TX
40,704 SF industrial building on 2.68 acres available.
Property Size40,704 SF
Lot Size2.68 Acres
Price / SF$71.25
Days on Market509
Property Features for 710 N Watson Rd
General Information
Standard status
Active
Size
40,704 SF
Lot size
2.68 Acres
Property subtype
OFFICE
Listing Agency:
LanCarte Commercial
(817) 409-4040
Listed By:
Ben Gehrke · License #423153
(612) 306-5401
Source:
Moodyscre
Added: Apr 23, 2025
Changed: Aug 13
Last Checked: Sep 13 at 6:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LanCarte Commercial
Investment Insights
Based on property information with market context.
This industrial manufacturing property offers approximately 40,704 square feet of space on a 2.68-acre lot. The building features masonry construction and a 12-foot clear height. It is located in an area zoned for "IM" Industrial Manufacturing.
Key Highlights
- 40,704 SF of Space
- Located on a 2.68 Acre Lot
- Zoning “IM” Industrial Manufacturing
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$263,923
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,278,460
$5.3M
Cap Rate 7%
$3,770,329
$3.8M
Cap Rate 9%
$2,932,478
$2.9M
Market Conditions
NOI Build-Up for 40,704 SF
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.
Gross rent
$405.4K $9.96/SF
− Vacancy
−$28.4K −$0.70/SF
EGI
$377.0K $9.26/SF
− OpEx
−$113.1K −$2.78/SF
NOI
$263.9K $6.48/SF
Area
Arlington, TX
Vacancy
7.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,278,460
Cap Rate 7%
$3,770,329
Cap Rate 9%
$2,932,478
Alternative Uses
Best Use
Industrial
$3.77M
$3.30M – $4.40M
NOI $263,923 @ 7.0% cap · market cap 9.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.00M
$10.50M – $14.00M
NOI $840,131 @ 7.0% cap · market cap 28.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,006
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 40,704 SF industrial building on 2.68 acres available.
Where is this manufacturing property located?
The property is located at 710 N Watson Rd Arlington, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 40,704 SF of Space; Located on a 2.68 Acre Lot; Zoning “IM” Industrial Manufacturing
