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    508 Indiana St Arlington, TX 76011

    For Sale
    $220,000

    Unimproved Land - Arlington, TX

    Type:Unimproved Land
    Lot size:
    0.23 Acres
    Days on Market:
    333
    Last Refresh:
    Dec 12 at 1:06 pm

    Property Features for 508 Indiana St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    03529797
    Lot size
    0.23 Acres

    Building Details

    Architectural style
    Other

    The Trophy Group, LLC (972) 775-0555

    Listing agent Jesus Gonzalez Hernande (972) 338-5441 License #0796375

    Listing date Jan 14, 2025

    MLS# 20735709 Listing URL

    Copyright © 2025 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.

    Overview

    Arlington Commercial Land Opportunity

    Located in Arlington, Texas, the vacant lot at 508 Indiana Street is zoned Community Commercial and offers potential for various businesses, including medical, office, retail, and restaurant spaces. The property benefits from its proximity to Downtown Arlington and nearby landmarks such as AT&T Stadium, Texas Ranger's Ballpark, and Six Flags Over Texas. The location offers visibility and accessibility, with foot traffic and access from major thoroughfares. The lot size is 0.229 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.111598
    Latitude
    32.741312

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    FAQs

    What type of property is this?
    Commercial land - Vacant commercial lot near Downtown Arlington with high development potential.
    Where is this commercial land located?
    The property is located at 508 Indiana St Arlington, TX.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Strategic location near Downtown Arlington with Community Commercial zoning.; - Proximity to major attractions including AT&T Stadium, Texas Ranger's Ballpark, and Six Flags.; - High development potential in a growing area.
    (972) 338-5441
    Request Owner's contact information
    508 Indiana St Arlington, TX 76011
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    Arlington, TX 76011
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 Indiana St Arlington, TX 76011
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