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    Second-Floor Office Suite Title is generated by Realmo AI

    2304 W Interstate 20, Arlington, TX 76017

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    For Lease
    $5,630 /Mo

    COMMERCIAL - Arlington, TX

    Type:Office
    Lot size:
    1.74 Acres
    Added:
    Oct 29, 2025
    Days on Market:
    218
    Last Refresh:
    Jun 3 at 10:06 pm

    Property Features for 2304 W Interstate 20

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    APN
    07403275
    Lot size
    1.74 Acres

    Taxes and HOA fees

    Tax Description
    SMITH, A M ADDITION LOT 10

    Utilities

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

    Building Details

    Year built
    1999
    Floors in Building
    2
    Number of units
    10
    Flooring type
    Carpet
    Building materials
    FiberCement
    Roof type
    Slate, Tile

    We can help!

    Listing Contact
    Eric English
    Eric English

    Listing agent Eric English License #03778963

    Listing office English Realty, LLC Arlington, TX

    Listing date Oct 29, 2025

    MLS# 21094023

    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

    • Second‑floor office space near the elevator
    • Year built: 1999
    • Public water and public sewer
    • Central heating and central air with electric systems
    • Roof includes tile and slate
    • Construction materials include fiber cement

    Overview

    This second-floor office suite offers a practical, elevator-near location for everyday access and ease of use. The space is available as a sublease and may also work for tenants seeking short-term occupancy, depending on their scheduling needs.

    Situated at 2304 W Interstate 20 in Arlington, Texas (76017), the suite is positioned within a commercial setting and benefits from proximity to building circulation. The listing notes a convenient placement near the elevator, which can help streamline move-ins, client visits, and daily operations.

    The configuration and access make this option worth considering for small-to-mid sized businesses that need an office on an upper level without sacrificing convenience. It may also appeal to companies looking to test a location or bridge a transition period, with the availability of sublease and short-term terms supporting flexible timing. If you’re evaluating office space for near-term needs, this second-floor layout and elevator proximity provide a straightforward, functional choice.
    Property Profile Location Intelligence

    Current Use by Public Records

    PartnerComm, Inc. Employment Agency Blumberg Daniel E Law Firm Law Office of Peter ... Consultant Ismaili Haroon DDS Dental Office Heritage Rock Business Service Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.14526
    Latitude
    32.673453

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    FAQs

    What type of property is this?
    Office units - Office suite with elevator access, suitable for flexible sublease or short-term occupancy.
    Where is this office units located?
    The property is located at 2304 W Interstate 20 Arlington, TX.
    What is the lease rate?
    The lease rate is $5,630 /Mo.
    What are key features of this property?
    This property features: Second‑floor office space near the elevator; Year built: 1999; Public water and public sewer
    (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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