Freestanding Restaurant
1901 W Pioneer Parkway, Arlington, TX 76013
For Sale
$1,199,000
CommercialSale, Arlington, TX
Property Size3,501 SF
Lot Size0.72 Acres
Price / SF$342.47
Days on Market24
Property Features for 1901 W Pioneer Parkway
General Information
Property type
Property subtype
Zoning description
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Skyline Realty
(469) 250-1999
Listed By:
Rafael Babadzhanov
(972) 380-5630
Added: Oct 21
Changed: Nov 13
Last Checked: Nov 13 at 10:06PM
MLS# 21392115
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.
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Investment Insights
Based on property information with market context.
This freestanding restaurant property contains 3,501 square feet on a 0.72-acre parcel. Its existing layout is configured for restaurant use, with a combination of flooring, central heating and central air conditioning. Brick construction, a built-up roof, public water, and public sewer are also in place. The building was constructed in 1981.
The property fronts W Pioneer Parkway in Arlington, with on-site parking. CB - Community Business zoning applies; permitted uses are subject to City of Arlington approval.
The property fronts W Pioneer Parkway in Arlington, with on-site parking. CB - Community Business zoning applies; permitted uses are subject to City of Arlington approval.
Key Highlights
- 3,501‑square‑foot building on 0.72 acres
- Restaurant configuration with on‑site parking
- CB - Community Business zoning; uses subject to City of Arlington approval
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,648
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,960
$1.0M
Cap Rate 7%
$737,829
$737.8K
Cap Rate 9%
$573,867
$573.9K
Market Conditions
NOI Build-Up for 3,501 SF
Gross rent
$72.3K $20.64/SF
− Vacancy
−$3.4K −$0.97/SF
EGI
$68.9K $19.67/SF
− OpEx
−$17.2K −$4.92/SF
NOI
$51.6K $14.75/SF
Area
Arlington, TX
Vacancy
4.70%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,960
Cap Rate 7%
$737,829
Cap Rate 9%
$573,867
Alternative Uses
Best Use
Specialty Retail
$737.8K
$645.6K – $860.8K
NOI $51,648 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$903.3K – $1.20M
NOI $72,261 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
906
Businesses Nearby
49k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 71%
Shops & Services 17%
Apparel 10%
Home Improvements & Furnishings 3%
Kroger
Groceries
35,023 visits/mo
0.1 miles
Cato
Apparel
4,768 visits/mo
0.2 miles
Phillips 66
Shops & Services
3,905 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
2,815 visits/mo
0.5 miles
Firestone Complete Auto Care
Shops & Services
1,438 visits/mo
0.1 miles
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
Check the figures for this property
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Market
Properties on Market for Conventional restaurants in Tarrant County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A restaurant-configured property with on-site parking and CB - Community Business zoning.
Where is this conventional restaurant located?
The property is located at 1901 W Pioneer Parkway Arlington, TX.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 3,501‑square‑foot building on 0.72 acres; Restaurant configuration with on‑site parking; CB - Community Business zoning; uses subject to City of Arlington approval
