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    2379 Interstate 20 Arlington, TX 76017

    Sponsored
    For Sale
    $4,772,651

    6.445 acres, prime I-20 location. High-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6.445-acre commercial land parcel presents a unique investment opportunity in Arlington, Texas. Boasting prime frontage on both Interstate 20 and Sara Jane Parkway, this property offers unparalleled visibility and accessibility. Originally part of a larger 14-acre tract, the remaining land is strategically positioned near recently developed hotels and restaurants, indicating a thriving commercial corridor. The property is pre-platted for convenience, with all utilities readily available at the street. Its location provides dual access points via the I-20 frontage road and Sara Jane Parkway, ensuring easy ingress and egress for businesses and customers. The site's proximity to the new IKEA and other significant developments along I-20 and the 161 Tollway in Grand Prairie further underscores its potential for substantial growth and return on investment. The property is zoned PD Commercial, allowing for a wide range of development possibilities. The lot can be subdivided to accommodate specific user needs, offering flexibility for various commercial ventures. This is an exceptional opportunity to acquire a highly desirable commercial land parcel in a rapidly expanding area of Arlington, Texas. The asking price is $4,772,651.

    Property Features for 2379 Interstate 20

    General Information

    Property type
    Land
    Lot Size
    280,744 SF

    HighLights

    • Dual access from I‑20 frontage road and Sara Jane Parkway.
    • Pre‑platted lots with utilities available at the street.
    • Proximity to new IKEA and other major developments along I‑20 and the 161 Tollway in Grand Prairie.
    • Subdividable lots to accommodate various user needs.
    • All utilities available at the street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Arlington
    County
    Tarrant
    State
    Texas
    Longitude
    -97.03547
    Latitude
    32.67711

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    FAQs

    What type of property is this?
    Land - 6.445 acres, prime I-20 location. High-growth area.
    Where is this land located?
    The property is located at 2379 Interstate 20 Arlington, TX.
    What is the asking price?
    The asking price for this property is $4,772,651.
    What are key features of this property?
    This property features: Dual access from I-20 frontage road and Sara Jane Parkway.; Pre-platted lots with utilities available at the street.; Proximity to new IKEA and other major developments along I-20 and the 161 Tollway in Grand Prairie.
    (512) 682-1000
    Request Owner's contact information
    2379 Interstate 20 Arlington, TX 76017
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    Arlington, TX 76017
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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
    2379 Interstate 20 Arlington, TX 76017
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