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    Office Suite with Reception Title is generated by Realmo AI

    2403 Cales Drive, Arlington, TX 76013

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    Claim this Listing
    For Lease
    $1,400 /Mo

    COMMERCIAL - Arlington, TX

    Type:Office
    Lot size:
    0.22 Acres
    Added:
    May 19, 2026
    Days on Market:
    17
    Last Refresh:
    Jun 4 at 3:06 pm

    Property Features for 2403 Cales Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Security features
    Security
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    04613775
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Description
    BOWEN PLACE BLOCK 2 LOT 8R2 E PT LOT 8R BLK 2

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1978
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Vinyl
    Building materials
    Brick, FiberCement
    Roof type
    Composition

    We can help!

    Listing Contact
    J.R. Parker

    Listing agent J.R. Parker License #0282138

    Listing office J R Parker & Associates Arlington, TX

    Listing date May 19, 2026

    MLS# 21262956

    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

    • Single‑story office layout built in 1978 with four offices and a reception area
    • Common area includes two half baths and a common sink
    • Construction materials include brick and fiber cement; roof is composition
    • Utilities: natural gas heating with electric cooling; public water and public sewer
    • Accessibility features include an accessible approach with ramp
    • Vinyl flooring throughout

    Overview

    This office suite is laid out for client-facing reception and team-based work, with four separate offices and a reception area to support front-desk operations. The common area includes two half baths and a common sink, helping keep day-to-day needs close at hand while maintaining privacy for the individual offices.

    Located at 2403 Cales Drive in Arlington, TX 76013, the space is positioned for businesses seeking a straightforward, self-contained office configuration. With multiple rooms and shared amenities in the common area, it can work well for organizations that want defined work areas without relying on open-plan seating.

    The layout is a good fit for professional tenants that benefit from a mix of private offices and a dedicated reception setting, such as offices serving appointments, consultations, or internal departments. The combination of separate rooms and shared restrooms can support a productive workflow while keeping client interaction centralized in the reception area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Charles Kennedy P.C. Law Firm Optum Rx Pharmacy Prescriptions Solutions-Amer Pharmacy Kildow Randyu Law Firm kildow pi Law Firm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.147816
    Latitude
    32.725935

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    FAQs

    What type of property is this?
    Office units - Suite features four private offices plus a reception area, supported by shared restroom access for convenient client handling.
    Where is this office units located?
    The property is located at 2403 Cales Drive Arlington, TX.
    What is the lease rate?
    The lease rate is $1,400 /Mo.
    What are key features of this property?
    This property features: Single‑story office layout built in 1978 with four offices and a reception area; Common area includes two half baths and a common sink; Construction materials include brick and fiber cement; roof is composition
    (817) 860-3127
    We can help!
    Listing Contact
    J.R. Parker
    Real Estate License ID: 0282138
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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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    2403 Cales Drive, Arlington, TX 76013
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