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Updated Office Suite
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3711 W Green Oaks Boulevard #D, Arlington, TX 76016

A vacant unit offers a reception area, open workspace, and a separate private room for office or breakroom use.

Property Size675 SF
Price / SF$1.41
Days on Market11

Property Features for 3711 W Green Oaks Boulevard #D

General Information

Standard status Active
Size 675 SF
Property subtype Office

Additional Details

Condition Move-in Ready
Property Use Office

Amenities

high visibility signage

Building Details

Year Built 1984
Owner Occupied No
Listing Agency: Magnorum Realty Services, LLC
Listed By: James McDonald
Source: Magnorumrealty
Added: Oct 19 Changed: Oct 28 Last Checked: Oct 28 at 4:07PM

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 Magnorum Realty Services, LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 675-square-foot office unit was built in 1984 and is vacant for immediate occupancy. Its layout includes a reception area, a large open workspace, and a private room that can serve as an office or breakroom. Flooring and lighting have been updated.

The suite is at 3711 W Green Oaks Boulevard #D in Arlington, with signage on Green Oaks Boulevard and ample parking.

Key Highlights

  • 675‑square‑foot office unit
  • Reception area, open workspace, and separate private room
  • Updated flooring and lighting

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,449
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,980 $209.0K
Cap Rate 7%
$149,271 $149.3K
Cap Rate 9%
$116,100 $116.1K
Market Conditions
NOI Build-Up for 675 SF
Gross rent
$16.2K $24.00/SF
− Vacancy
−$2.3K −$3.36/SF
EGI
$13.9K $20.64/SF
− OpEx
−$3.5K −$5.16/SF
NOI
$10.4K $15.48/SF
Area
Arlington, TX
Vacancy
14.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,980
Cap Rate 7%
$149,271
Cap Rate 9%
$116,100

Alternative Uses

Best Use
Office B
$149.3K
$130.6K – $174.2K (±1% cap)
NOI $10,449 @ 7.0% cap · market cap 1,099.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$199.0K
$174.2K – $232.2K (±1% cap)
NOI $13,932 @ 7.0% cap · market cap 1,466.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Still Brothers & Associates ... Real Estate Agency Edward Jones - Financial ... Financial Advisor Bye By Katt ... Alternative Medicine Practice Cymun Steve Horner ... Tax Preparation

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Real Estate Agency Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

Demographics for 76016, TX

31,091
Population
11,609
Households
2.7
Avg Household Size
44
Median Age
44%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
3,533
Density / Sq Mi
$108,701
Median Household Income
$55,446
Median Earnings
$1,854
Median Rent
$311,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A vacant unit offers a reception area, open workspace, and a separate private room for office or breakroom use.
Where is this office unit located?
The property is located at 3711 W Green Oaks Boulevard #D Arlington, TX.
What are key features of this property?
This property features: 675‑square‑foot office unit; Reception area, open workspace, and separate private room; Updated flooring and lighting
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Includes: Price & PSF · Cap rate · Location · Zoning

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