Multi-Office Professional
601 W Abram Street, Arlington, TX 76010
For Sale
New
$2,400,000
The interior combines private offices, meeting rooms, shared work areas, and employee parking.
Property Size8,224 SF
Price / SF$291.83
Days on Market7
Property Features for 601 W Abram Street
General Information
Standard status
Size
Additional Details
Road Access
Property Use
Taxes and HOA fees
Annual Taxes
Listing Agency:
RJ Williams & Company RE
Listed By:
Jonathan Jackson
(682) 214-7592
Source:
Exprealty
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 8 at 10:39AM
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 RJ Williams & Company RE
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Investment Insights
Based on property information with market context.
This 8,224-square-foot office building includes 13 private offices, 4 conference rooms, a kitchen area, and an open work area arranged for 7 large modular workstations. Storage rooms, supply rooms, and closets add further utility to the interior. The layout also allows the building to be divided into distinct work areas.
Located at 601 W Abram Street in Arlington, the property extends through to W Main Street. Parking accommodates nearly 30 vehicles, with covered spaces designated for employees.
Located at 601 W Abram Street in Arlington, the property extends through to W Main Street. Parking accommodates nearly 30 vehicles, with covered spaces designated for employees.
Key Highlights
- 8,224‑square‑foot office building
- 13 private offices and 4 conference rooms
- Open area configured for 7 large modular workstations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,242
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,524,840
$2.5M
Cap Rate 7%
$1,803,457
$1.8M
Cap Rate 9%
$1,402,689
$1.4M
Market Conditions
NOI Build-Up for 8,224 SF
Gross rent
$205.3K $24.96/SF
− Vacancy
−$36.9K −$4.49/SF
EGI
$168.3K $20.47/SF
− OpEx
−$42.1K −$5.12/SF
NOI
$126.2K $15.35/SF
Area
ZIP 76010
Vacancy
18.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,524,840
Cap Rate 7%
$1,803,457
Cap Rate 9%
$1,402,689
Alternative Uses
Best Use
Office B
$1.80M
$1.58M – $2.10M
NOI $126,242 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M
NOI $165,796 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,738
Businesses Nearby
Explore this area
Business Placement
Demographics for 76010, TX
55,894
Population
20,508
Households
2.7
Avg Household Size
29
Median Age
13%
College-Educated
65%
High-School Grad
8.8 sq mi
ZIP Area
6,352
Density / Sq Mi
$43,811
Median Household Income
$31,236
Median Earnings
$1,223
Median Rent
$199,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Arlington, TX
Properties on Market for Office buildings in Arlington
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The interior combines private offices, meeting rooms, shared work areas, and employee parking.
Where is this office building located?
The property is located at 601 W Abram Street Arlington, TX.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 8,224‑square‑foot office building; 13 private offices and 4 conference rooms; Open area configured for 7 large modular workstations
