4304 Tate Springs Rd Arlington, TX 76016
This exceptional two-story, 5,417 square foot medical/traditional office building is ideally situated in South Arlington, Texas, near I-20 and a short commute from downtown Dallas and Fort Worth. The property, built in 2003, features a desirable location on a 0.45-acre lot, boasting ample parking and an easy-to-maintain stone and brick exterior. The building offers abundant natural light and is divisible into two separate units, each with its own access, making it suitable for a single tenant, owner-user, or multiple occupants. The ground floor encompasses a reception area, six spacious offices, an open bullpen, three restrooms, a kitchen/breakroom, copy room, server room, and substantial storage. Upstairs, you'll find a reception/open workspace, six private offices, a bullpen area, two restrooms, and a large covered balcony. This property benefits from excellent area demographics, convenient access to major thoroughfares including I-20, US-287, Loop 820, and Hwy 303, and proximity to numerous retail and dining options. The building is located outside of any flood plain, adding to its appeal as a sound investment opportunity. The asking price is $1,175,000, with a price per square foot of $216.91. The property includes two units within a single building, spanning two stories. The Tarrant County tax assessor's parcel number (APN) is 34060--25.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.