Medical Office Building For Sale

2905 Medlin Drive, Arlington, TX 76015

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For Sale

$800,000

Well-maintained medical office with efficient layout in a high-demand location.

Type:Commercial

Property size:

3,024 SF

Price / SF:

$264/SF

HighLights

Plug‑and‑play healthcare configuration ideal for owner‑user, medical tenant, or investor.
Efficient clinical layout with ±3,024 SF, including 4 exam rooms, 2 procedure areas (all plumbed), 2 private physician offices, and a dedicated lab.
Strong concentration of medical and professional offices in the surrounding area.
High population density with nearly 300,000 residents within a 5‑mile radius and favorable median household incomes ($80,000–$90,000).
Well‑maintained building built in 2006, exceptionally cared for by original owners.
Approximately 15 on‑site parking spaces.

We can help!

Listing Contact

Trang Dang-Le

Learn more

For Sale

$800,000

Well-maintained medical office with efficient layout in a high-demand location.

Type:Commercial

Property size:

3,024 SF

Price / SF:

$264/SF

Added:: Apr 22, 2026
Days on Market:: 49
Last Refresh:: Apr 22 at 5:25 pm

Property Features for 2905 Medlin Drive

General Information

Standard status: Active
Size: 3,024 SF
Property subtype: Commercial

Building Details

Year Built: 2006

We can help!

Listing Contact

Trang Dang-Le

Listing agent Trang Dang-Le

Listing office ERA Empower Realty LLC

Listing date Apr 22, 2026

Source Signaturere

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 ERA Empower Realty LLC

HighLights

Plug‑and‑play healthcare configuration ideal for owner‑user, medical tenant, or investor.
Efficient clinical layout with ±3,024 SF, including 4 exam rooms, 2 procedure areas (all plumbed), 2 private physician offices, and a dedicated lab.
Strong concentration of medical and professional offices in the surrounding area.
High population density with nearly 300,000 residents within a 5‑mile radius and favorable median household incomes ($80,000–$90,000).
Well‑maintained building built in 2006, exceptionally cared for by original owners.
Approximately 15 on‑site parking spaces.

Overview

This well-maintained, free-standing medical professional office building, constructed in 2006, offers approximately 3,024 square feet. It includes around 15 on-site parking spaces. The current layout is designed for an optometry practice, featuring 4 exam rooms, 2 plumbed procedure areas, 2 private physician offices, a large reception and waiting area, multiple staff workstations, a dedicated lab, and a break room. The building has been exceptionally cared for by the original owners and includes two restrooms for patients and staff. The property is situated within a strong concentration of medical and professional offices. The area benefits from diverse demographics, with nearly 300,000 residents within a 5-mile radius and median household incomes in the $80,000–$90,000 range. This property is suitable for an owner-user, medical tenant, or investor seeking a healthcare configuration. The real estate and the optometry practice are available for purchase individually or as a combined sale.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$72.6k	$24.00
− Vacancy	−$10.2k	−$3.36
EGI	$62.4k	$20.64
− OpEx	−$15.6k	−$5.16
NOI	$46.8k	$15.48

3,024 SF · lease $24.00/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$668.7K

$585.2K – $780.2K (±1% cap)

NOI $46,812 @ 7.0% cap · market cap 5.85%

Second Best

Healthcare Medical

$559.9K

$489.9K – $653.2K (±1% cap)

NOI $39,191 @ 7.0% cap · market cap 4.90%

Theoretical Best

Office A

$891.6K

$780.2K – $1.04M (±1% cap)

NOI $62,415 @ 7.0% cap · market cap 7.80%

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

Location Intelligence

Current Use by Public Records

Texas Vision Care Physician Dr. Mark Hanley ... Physician Mark A. Hanley, OD Physician Kelly A Slifer Physician

Suggested Use

Similar Places Nearby

Animal Health Care Center — 1115 W Mayfield Rd, Arlington, TX 76015
Cyndi Rachal DVM — 1115 W Mayfield Rd, Arlington, TX 76015
Tracie Kretzschman — 3161 Matlock Rd, Mansfield, TX 76063

Location Insight

Map
Local Demand

City: Arlington
County: Tarrant
State: Texas
Longitude: -97.1275234
Latitude: 32.6977163

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For sale
Medical Office Space
TX
Arlington
76015
2905 Medlin Drive

What type of property is this?

Medical Office Space - Well-maintained medical office with efficient layout in a high-demand location.

Where is this medical office space located?

The property is located at 2905 Medlin Drive Arlington, TX.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Plug‑and‑play healthcare configuration ideal for owner‑user, medical tenant, or investor.; Efficient clinical layout with ±3,024 SF, including **4 exam rooms, 2 procedure areas (all plumbed), 2 private physician offices, and a dedicated lab.**; Strong concentration of medical and professional offices in the surrounding area.