Two-Building Office
For Sale
$875,000
1311/1313 W Abram Street, Arlington, TX 76013
Reception, private offices, conference space, and break areas support a range of professional office layouts.
Property Size4,098 SF
Price / SF$213.52
Days on Market16
Property Features for 1311/1313 W Abram Street
General Information
Standard status
Active
Size
4,098 SF
Property subtype
Office
Additional Details
Highway Access
Yes
Amenities
reception area
conference space
break areas
Building Details
Building Size
4,098 SF
Year Built
1938
Buildings
2
Stories
1
Listing Agency:
Compass RE Texas, LLC.
Listed By:
Jamie Adams · License #0358381
(214) 814-8100
Source:
Baerealty
Added: Sep 24
Changed: Sep 30
Last Checked: Oct 7 at 4:46PM
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.
The property brings together two single-story office buildings with approximately 4,098 SF of combined space. Built in 1938, the buildings include reception, private offices, conference areas, and break spaces. Refinished maple flooring adds a distinct interior finish. Front-entry and rear surface parking serve the property.
Located on W Abram Street in Arlington, the offices sit just south of I-30, with access to Downtown Arlington, the courthouse, and UTA. The combined layout accommodates a variety of professional office configurations.
Located on W Abram Street in Arlington, the offices sit just south of I-30, with access to Downtown Arlington, the courthouse, and UTA. The combined layout accommodates a variety of professional office configurations.
Key Highlights
- Two single‑story office buildings offered together
- Approximately 4,098 SF of combined office space
- Built in 1938
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,437
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,268,740
$1.3M
Cap Rate 7%
$906,243
$906.2K
Cap Rate 9%
$704,856
$704.9K
Market Conditions
NOI Build-Up for 4,098 SF
Gross rent
$98.4K $24.00/SF
− Vacancy
−$13.8K −$3.36/SF
EGI
$84.6K $20.64/SF
− OpEx
−$21.1K −$5.16/SF
NOI
$63.4K $15.48/SF
Area
Arlington, TX
Vacancy
14.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,268,740
Cap Rate 7%
$906,243
Cap Rate 9%
$704,856
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 authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Explore this area
Business Placement
Demographics for 76013, TX
36,535
Population
14,431
Households
2.5
Avg Household Size
32
Median Age
43%
College-Educated
91%
High-School Grad
9.0 sq mi
ZIP Area
4,059
Density / Sq Mi
$67,333
Median Household Income
$31,613
Median Earnings
$1,267
Median Rent
$287,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Reception, private offices, conference space, and break areas support a range of professional office layouts.
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 single‑story office buildings offered together; Approximately 4,098 SF of combined office space; Built in 1938
