Flex Building with Outdoor
For Sale
$1,999,999
6917 Russell Curry Road, Arlington, TX 76001
CommercialSale, Arlington, TX
Property Size12,000 SF
Lot Size1.50 Acres
Price / SF$166.67
Days on Market47
Property Features for 6917 Russell Curry Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
COM'L BLDG
Parking features
Parking Lot, Garage
Subdivision
David Russell Srv Abs 1323
Lot features
Acreage, Back Yard, Interior Lot, Irregular Lot, Lawn
Directions
From 287 S, take exit to Eden Rd and Russell Curry Rd, turn left onto Eden Ln, take exit on roundabout to Russell Curry Rd, turn left.
Standard status
Active
APN
04132572
Lot size
1.50 Acres
Taxes and HOA fees
Tax Description
RUSSELL, DAVID SURVEY ABSTRACT 1323 TRACT 1F0
Tax Annual Amount
17264
Legal Description
RUSSELL, DAVID SURVEY ABSTRACT 1323 TRACT 1F0
Utilities
Sewer type
Public Sewer
Heating system
Central, Propane (Heating), Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Central Air
Water source
Public
Amenities
five private offices
break room
restrooms
dedicated storage area
Building Details
Year built
1973
Floors in Building
2
Number of units
2
Flooring type
Tile, Concrete
Building materials
MetalSiding
Roof type
Metal
Listing Agency:
One West Real Estate Co. LLC
(682) 422-3814
Listed By:
Angela Hornburg · License #0620365
(682) 422-3812
Added: Jul 14
Changed: Aug 22
Last Checked: Aug 29 at 8:06PM
MLS# 21325981
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.
Investment Insights
Based on property information with market context.
This 12,000 SF flex property, built in 1973, combines administrative space with areas suited to commercial and industrial operations. The layout includes five private offices, a break room, and three restrooms, with tile and concrete flooring throughout the building. Central air, electric cooling, ceiling fans, and heating supported by central, electric, and propane systems are in place.
A front storage area provides space for additional parking or outdoor storage. The property occupies 1.5 acres and includes a parking lot and garage. Public water and sewer serve the site, while the metal exterior and roof provide durable construction. The building can accommodate uses identified in the property information, including diesel repair, heavy-duty truck service, fleet maintenance, equipment repair, manufacturing, and warehouse operations. Shop equipment, tools, and other non-realty items may be purchased separately from the real estate contract.
A front storage area provides space for additional parking or outdoor storage. The property occupies 1.5 acres and includes a parking lot and garage. Public water and sewer serve the site, while the metal exterior and roof provide durable construction. The building can accommodate uses identified in the property information, including diesel repair, heavy-duty truck service, fleet maintenance, equipment repair, manufacturing, and warehouse operations. Shop equipment, tools, and other non-realty items may be purchased separately from the real estate contract.
Key Highlights
- 12,000 SF commercial building on 1.5 acres
- Five private offices, one break room, and three restrooms
- Front storage area supports additional parking or outdoor storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$165,227
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,304,540
$3.3M
Cap Rate 7%
$2,360,386
$2.4M
Cap Rate 9%
$1,835,856
$1.8M
Market Conditions
NOI Build-Up for 12,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$247.7K $20.64/SF
− Vacancy
−$11.6K −$0.97/SF
EGI
$236.0K $19.67/SF
− OpEx
−$70.8K −$5.90/SF
NOI
$165.2K $13.77/SF
Area
ZIP 76001
Vacancy
4.70%
Lease Rate
$20.64 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,304,540
Cap Rate 7%
$2,360,386
Cap Rate 9%
$1,835,856
Alternative Uses
Best Use
Retail
$2.36M
$2.07M – $2.75M
NOI $165,227 @ 7.0% cap · market cap 8.26%
Second Best
Flex RnD
$1.61M
$1.41M – $1.88M
NOI $112,554 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$3.69M
$3.23M – $4.30M
NOI $258,192 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76001, TX
34,102
Population
12,038
Households
2.8
Avg Household Size
37
Median Age
43%
College-Educated
91%
High-School Grad
10.7 sq mi
ZIP Area
3,187
Density / Sq Mi
$105,760
Median Household Income
$47,461
Median Earnings
$1,893
Median Rent
$318,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Metal-sided commercial facility combines office, service, and storage functions.
Where is this flex space located?
The property is located at 6917 Russell Curry Road Arlington, TX.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 12,000 SF commercial building on 1.5 acres; Five private offices, one break room, and three restrooms; Front storage area supports additional parking or outdoor storage
