1841 W Division St Arlington, TX 76012
Showroom, office, warehouses, and land on 2.65 acres.
Property Features for 1841 W Division St
General Information
- Standard status
- Active
- Size
- 35,000 SF
- Lot size
- 2.65 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing office Compass Commercial - Ulterre Group (817) 335-7575
Listing date Oct 18, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Versatile property with 2.65 acres of land and 35,000 SF gross building area
- Favorable LI - Light Industrial zoning
- Excellent access to major transportation routes, located ±21 miles west of Dallas CBD and ±9 miles east of downtown Fort Worth.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $348.6k | $9.96 |
| − Vacancy | −$24.4k | −$0.70 |
| EGI | $324.2k | $9.26 |
| − OpEx | −$48.6k | −$1.39 |
| NOI | $275.6k | $7.87 |