Two-Story Mixed-Use
For Sale
$1,500,000
2811 W Division, Arlington, TX 76012
CommercialSale, Arlington, TX
Property Size10,000 SF
Lot Size1.23 Acres
Price / SF$150
Days on Market83
Property Features for 2811 W Division
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Directions
See GPS
Standard status
Active
APN
00011158441
Lot size
1.23 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private landscaped courtyard
Building Details
Year built
1970
Floors in Building
2
Number of units
1
Flooring type
Concrete
Building materials
Brick, Concrete
Roof type
Asphalt
Listing Agency:
Our Covenant Realty, LLC
(817) 516-2000
Listed By:
Lexia Crawford
(817) 301-2246
Added: Jul 29
Changed: Oct 18
Last Checked: Oct 19 at 1:06AM
MLS# 21344202
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 two-story mixed-use commercial building was constructed in 1970 and offers a flexible interior arrangement for office, medical, educational, nonprofit, creative workspace, event, coworking, church, and training uses, subject to zoning. The property includes a private landscaped courtyard that can support outdoor meetings, gatherings, or employee use. Brick and concrete construction, concrete flooring, central heating, central air, an asphalt roof, public water, and public sewer are in place.
The 1.23-acre site fronts W. Division Street in Arlington and provides access to Interstate 30, SH 360, and Highway 161. Its adaptable configuration can support modernization and customization for an owner-user, investor, or specialty commercial operator. The property also includes parking for employees and visitors, as stated in the property information.
The 1.23-acre site fronts W. Division Street in Arlington and provides access to Interstate 30, SH 360, and Highway 161. Its adaptable configuration can support modernization and customization for an owner-user, investor, or specialty commercial operator. The property also includes parking for employees and visitors, as stated in the property information.
Key Highlights
- 1.23‑acre mixed‑use commercial property in Arlington, TX
- Two‑story building constructed in 1970
- Private landscaped courtyard for outdoor meetings, events, or employee use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$135,000
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,700,000
$2.7M
Cap Rate 7%
$1,928,571
$1.9M
Cap Rate 9%
$1,500,000
$1.5M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$240.0K $24.00/SF
− Vacancy
−$24.0K −$2.40/SF
EGI
$216.0K $21.60/SF
− OpEx
−$81.0K −$8.10/SF
NOI
$135.0K $13.50/SF
Area
Arlington, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,700,000
Cap Rate 7%
$1,928,571
Cap Rate 9%
$1,500,000
Alternative Uses
Best Use
Office B
$2.21M
$1.94M – $2.58M
NOI $154,800 @ 7.0% cap · market cap 10.32%
Second Best
Mixed Use
$1.93M
$1.69M – $2.25M
NOI $135,000 @ 7.0% cap · market cap 9.00%
Theoretical Best
Office A
$2.95M
$2.58M – $3.44M
NOI $206,400 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
Explore this area
Business Placement
Demographics for 76012, TX
27,080
Population
11,538
Households
2.3
Avg Household Size
40
Median Age
43%
College-Educated
90%
High-School Grad
8.2 sq mi
ZIP Area
3,302
Density / Sq Mi
$84,468
Median Household Income
$44,933
Median Earnings
$1,307
Median Rent
$292,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial layout with a private landscaped courtyard and frontage along W. Division Street.
Where is this mixed-use property located?
The property is located at 2811 W Division Arlington, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1.23‑acre mixed‑use commercial property in Arlington, TX; Two‑story building constructed in 1970; Private landscaped courtyard for outdoor meetings, events, or employee use
