Two Single-Story Office
1311/1313 W Abram Street Arlington, TX 76013
New
For Sale
$875,000
Two well-maintained single-story office buildings offered together with reception, private offices, conference space, and parking.
Property Size4,098 SF
Price / SF$213.52
Days on Market2
Property Features for 1311/1313 W Abram Street
General Information
- Standard status
- Active
- Size
- 4,098 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1938
Listing Agency:
Compass RE Texas, LLC.
(817) 235-4535
Listed By:
Jamie Adams · License #0358381
(817) 235-4535
Source:
Vickiesteam
Added: Jul 22
Changed: Jul 23
Last Checked: Jul 23 at 5:13AM
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 Compass RE Texas, LLC.
Investment Insights
Based on property information with market context.
Offered as a package, this property includes two well-maintained single-story office buildings totaling approximately 4,098 SF. Interiors feature a welcoming reception area, private offices, conference space, break areas, and beautifully refinished maple wood flooring, combining updated finishes with original character. The flexible layout supports a range of professional office needs.
The buildings are situated on W Abram Street with excellent visibility and are located just south of I-30, providing convenient access to major highways. The property is also positioned for easy reach to Downtown Arlington, the courthouse, and UTA.
The site provides front-entry and rear surface parking, supporting practical client and staff access while keeping maintenance straightforward.
The buildings are situated on W Abram Street with excellent visibility and are located just south of I-30, providing convenient access to major highways. The property is also positioned for easy reach to Downtown Arlington, the courthouse, and UTA.
The site provides front-entry and rear surface parking, supporting practical client and staff access while keeping maintenance straightforward.
Key Highlights
- Two well‑maintained single‑story office buildings offered together, totaling approximately 4,098 SF
- Built in 1938 and positioned on W Abram Street just south of I‑30
- Interior includes a reception area, private offices, conference space, and break areas
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 | $98.4k | $24.00 |
| − Vacancy | −$13.8k | −$3.36 |
| EGI | $84.6k | $20.64 |
| − OpEx | −$21.1k | −$5.16 |
| NOI | $63.4k | $15.48 |
4,098 SF · lease $24.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$906.2K
$793.0K – $1.06M
NOI $63,437 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,583 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Two well-maintained single-story office buildings offered together with reception, private offices, conference space, and parking.
Where is this office building located?
The property is located at 1311/1313 W Abram Street Arlington, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two well‑maintained single‑story office buildings offered together, totaling approximately 4,098 SF; Built in 1938 and positioned on W Abram Street just south of I‑30; Interior includes a reception area, private offices, conference space, and break areas
