Flex Building with Shop
New
For Sale
$1,999,999
6917 Russell Curry Road, Arlington, TX 76001
Commercial building with office, restroom, and front storage components for business, industrial, or warehouse operations.
Property Size12,350 SF
Price / SF$166.67
Days on Market2
Property Features for 6917 Russell Curry Road
General Information
Standard status
Active
Size
12,350 SF
Property subtype
Commercial
Zoning
COM'L BLDG
Additional Details
Outdoor Storage
Yes
Amenities
private offices
break room
restrooms
dedicated storage area
Building Details
Building Size
12,350 SF
Year Built
1973
Buildings
1
Units
2
Listing Agency:
One West Real Estate Co. LLC
(817) 771-0998
Listed By:
Angela Hornburg · License #0620365
(817) 771-0998
Source:
Vickiesteam
Added: Aug 19
Changed: Aug 20
Last Checked: Aug 20 at 9:58AM
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 One West Real Estate Co. LLC
Investment Insights
Based on property information with market context.
Located at 6917 Russell Curry Road in Arlington, Texas, this 12,000-square-foot flex building was constructed in 1973 and is identified as COM'L BLDG zoning. The interior includes five private offices, one break room, and three restrooms, providing a dedicated administrative component alongside the property's commercial building area.
A front storage section adds functional space for parking or outdoor storage. The property can accommodate a range of documented commercial and industrial operations, including diesel repair, heavy-duty truck service, fleet maintenance, equipment repair, manufacturing, and warehouse use. Shop equipment, tools, and other non-realty items may be purchased separately from the real estate contract.
A front storage section adds functional space for parking or outdoor storage. The property can accommodate a range of documented commercial and industrial operations, including diesel repair, heavy-duty truck service, fleet maintenance, equipment repair, manufacturing, and warehouse use. Shop equipment, tools, and other non-realty items may be purchased separately from the real estate contract.
Key Highlights
- 12,000 SF commercial building constructed in 1973
- 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 - Commercial building with office, restroom, and front storage components for business, industrial, or warehouse operations.
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 constructed in 1973; Five private offices, one break room, and three restrooms; Front storage area supports additional parking or outdoor storage
